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FDIC says Republic First Bank is closed by Pennsylvania regulators
CNN Business via Yahoo Finance· 3 days agoIn total, there were five bank failures in 2023, according to the FDIC. Recently, New York Community...
Republic First becomes first casualty of U.S. bank crisis in 2024
MSN News· 14 hours ago(Reuters) - U.S. regulators on Friday seized Philadelphia-based Republic First Bancorp and agreed to sell it to Fulton Bank, a unit of Fulton Financial Corp. The latest casualty will cost the ...
Week’s Best: One-Day Exodus at J.P. Morgan
Barrons.com· 3 days 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...
What You Need To Know About the First US Bank Failure of 2024
Investopedia· 18 hours agoFulton Financial (FULT) shares surged Monday after the bank said it acquired the debt and deposits...
Fulton Financial acquires Republic First Bank in latest regional-bank rescue
Market Watch· 3 days agoHigher interest rates in the industry have cut into the value of some banks’ bonds — including those...
Republic First is seized, assets sold to Fulton Bank
Banking Dive via Yahoo Finance· 3 days 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...
Daily Digest: Stonestown's upsized housing plans; Why this S.F. company's stock just popped - San...
The Business Journals· 5 days agoStarting your day with some tech news, Oracle — originally founded in the Peninsula in 1977 — has...
UPDATE 2-Valley National, Eagle Bancorp latest to disclose earnings hit due to CRE footprint
Reuters via Yahoo Finance· 4 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 ...
Valley National Bancorp's Q1 profit plunges on bigger loan-loss provisions
Reuters via Yahoo Finance· 4 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.