Friday, April 26, 2024

"Republic First Bank Seized By Regulators—First Bank Collapse Of 2024" (FRBK)

From Forbes via MSN, April 26:

Topline
Troubled Philadelphia-based regional bank Republic First Bancorp was seized by Pennsylvania regulators Friday, marking the first regional banking failure this year following a series of high-profile collapses in 2023—though the bank is far smaller than those that collapsed last year and its nearly three dozen branches are set to reopen under a new name....

....MUCH MORE