The Hicksville-based lender had received a $1.1 billion cash infusion that stopped a takeover by federal regulators.
Fulton (FULT) acquires Republic First Bank from FDIC to enhance its footprint in the Philadelphia region. The company initiates a common stock offering to fund future strategic plans.
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 deposit insurance ...
The seizure of Republic First marked the first bank failure in the U.S. in 2024 and has reignited concerns of contagion after ...
One of the newly licensed banks in Nigeria, Signature Bank, has expanded its operations with the establishment of a new branch in Asaba ... to serving the community with tailored financial ...
Signature Bank and First Republic Bank, which all failed in Spring 2023, although you could see problems already in 2022. Recently, New York Community Bank has faced trouble. It’s still possible ...
(Reuters) -U.S. regional banks are expected to set aside more money to cover potential commercial real estate (CRE) losses and sell more property loans as the sector remains under pressure a year ...
Les Lieberman and other organizers of Porticoes Capital used a shelf charter to buy a spate of failed banks. Now they're ...
Liberty Bank in Salt Lake City had been "structurally unprofitable" since 2008, according to its regulators. Experts ...
Signature Bank and First Republic Bank, which all failed in Spring 2023, although you could see problems already in 2022. Recently, New York Community Bank has faced trouble. It’s still possible ...
After 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 ...