Search results
JD Supra: FDIC Releases Proposed Updates to Statement of Policy on Bank Merger Transactions
JD Supra· 5 hours agoThe Federal Deposit Insurance Corporation (“FDIC”) recently published a Federal Register notice seeking public comment on proposed revisions ...
Opinion | When Banks Fail, Why Do We Keep Bailing Out Uninsured Depositors?
New York Times· 3 days agoOhlrogge, an associate professor at New York University Law School...them in the manner that is...
Republic First Bank seized by FDIC and sold to Fulton Bank in first bank failure of 2024 - Maryland...
The Daily Record· 5 days agoSince then, reports have swirled about the FDIC looking for a potential buyer for the troubled bank, culminating with the agency’s announcement. “Philadelphia-based Republic First Bank was closed ...
Fulton Financial jumps after buying failed Republic First Bank's deposits, assets
Reuters· 6 days ago, opens new tab shares jumped on Monday after it bought the deposits and assets of Republic First...
UPDATE 3-Fulton Financial's stock jumps on takeover deal for failed Republic First Bank
Reuters via Yahoo Finance· 6 days agoThe Pennsylvania state regulator closed Republic Bank on Friday and appointed the Federal Deposit ...
Fulton (FULT) Buys Republic First Bank, Expands in Philadelphia
Zacks· 5 days agoRepublic Bank was seized by U.S. regulators on Apr 26 as it struggled amid a high interest rate...
This Bank Became the First to Fail in the US This Year. Here's What Borrowers Need to Know
CNET· 2 days agoThe Federal Deposit Insurance Corporation was appointed as receiver and entered into an agreement...
Americans were paid an additional $235 billion in interest in 2023, thanks to the Fed
KEYT 3 Santa Barbara· 3 days agoPut bluntly, “It’s a great time for savers,” said Greg McBride, Bankrate.com’s chief financial...
Tesla, Domino's Pizza rise; AMC Entertainment, SoFi Technologies fall, Monday, 4/29/2024
Associated Press Finance via Yahoo Finance· 5 days agoDeciphera Pharmaceuticals Inc., up $10.63 to $25.28. Japan’s ...The financial holding company bought Republic First Bank from the Federal Deposit Insurance
Republic First becomes first casualty of U.S. bank crisis in 2024
Reuters via Yahoo Finance· 6 days agoRaleigh, North Carolina... and the FDIC took control of the New York-based crypto-focused lender after it lost...enable customers to access their funds and later facilitated ...