The seizure of Republic First marked the first bank failure in the U.S. in 2024 and has reignited concerns of contagion after ...
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.
The collapse may conjure comparisons to the string of bank failures last spring, but here's how it's different.
The FDIC quickly made a deal for Fulton Bank to buy Republic First's assets ... the sector since three prominent lenders – Silicon Valley Bank, First Republic and Signature Bank – collapsed ...
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 ...
Mike Shayestehfar represents the latest departure from JPMorgan Chase, which acquired First Republic after it collapsed last ...
In the aftermath of Silicon Valley ... its home turf: First Citizens is bothered enough that it filed a $1 billion lawsuit against the UK-based bank over its hiring of dozens of SVB staff. These ...
(Reuters) -First Citizens BancShares' first-quarter profit beat expectations as the lender earned higher interest income and started seeing benefits of its acquisition of failed Silicon Valley Bank ...
(Reuters) -First Citizens BancShares' first-quarter profit beat expectations as the lender earned higher interest income and started seeing benefits of its acquisition of failed Silicon Valley Bank ...