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 ...
New York Community Bancorp got the cash infusion it needed to enact a turnaround, but it will be a years-long process. Don't wait.
New York Community ... s commercial bank in New York City, and more than 10 Flagstar teams are following him, the New Jersey lender said Monday. Corrado came to Flagstar from Signature Bank ...
The seizure of Republic First marked the first bank failure in the U.S. in 2024 and has reignited concerns of contagion after ...
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 ...
This contributed to the fall of Signature Bank and to recent problems of New York Community Bank: both had large portfolios ... Replacing them may be a difficult path to follow. If a buy-out of an ...
The FDIC quickly made a deal for Fulton Bank to buy Republic First's assets ... Then in January, New York Community Bank (NYCB) fell under pressure over concerns about its exposure to the ...
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 ...