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FDIC says Republic First Bank is closed by Pennsylvania regulators
CNN Business via AOL· 12 hours agoIn total, there were five bank failures in 2023, according to the FDIC. Recently, New York Community...
Trump trial live: First week of testimony concludes as jury hears about ties to Stormy Daniels
The Independent via Yahoo News· 15 hours agoAfter telling Howard Stern he would be happy to debate Mr Trump, the president returned to...
Fulton Financial acquires Republic First Bank after first U.S. bank failure of 2024
Morningstar· 3 hours agoAfter struggling under the weight of higher interest rates, Republic First Bancorp on Friday found another regional lender willing to rescue it: fellow Pennsylvania-based bank Fulton Financial ...
Week’s Best: One-Day Exodus at J.P. Morgan
Barrons.com· 16 hours agoSix advisor teams managing nearly $15 billion in assets left JPMorgan Chase’s brokerage unit a week ago, the largest wave of departures one recruiter...
Republic First is seized, assets sold to Fulton Bank
Banking Dive via Yahoo Finance· 17 hours agoThe first bank failure of 2024 punctuates the discord that has brewed at Republic First for more than two years. Fulton, meanwhile, will double its...
Giverny Capital Asset Management Q1 2024 Letter
Seeking Alpha· 6 days agoGiverny Capital Asset Management, LLC is a partnership between Giverny Capital of Montreal and David Poppe, the former president and chief executive...
Valley National Bancorp's Q1 profit plunges on bigger loan-loss provisions
Reuters via Yahoo Finance· 2 days agoValley National Bancorp reported a slump in its first-quarter profit on Thursday, dragged down by a fivefold increase in rainy-day funds on account of its exposure to commercial real estate.
UPDATE 2-Valley National, Eagle Bancorp latest to disclose earnings hit due to CRE footprint
Reuters via Yahoo Finance· 2 days agoInvestor focus this year is on the CRE exposure in regional lenders' loan books after New York Community Bancorp reported a surprise quarterly loss in January due to writedowns on loans tied ...