US Regulators Seize Republic First Bancorp, Fulton Bank Steps In As Buyer Amid Regional Banking Woes
benzinga.com/news/24/04/38475445/us-regulators-seize-republic-first-bancorp-fulton-bank-steps-in-as-buyer-amid-regional-banking-woes
Republic First Bancorp FRBK has been seized by U.S. regulators and sold to Fulton Bank, a unit of Fulton Financial Corp FULT. This comes a year after the collapse of three of its peers amid a regional bank crisis.
What Happened: The Philadelphia-based Republic First, which had previously halted funding negotiations with a group of investors, was taken over by the Pennsylvania…
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