Republic First Bank Fails In Biggest Bust Since 2023 Turmoil

By Jon Hill · April 26, 2024, 7:18 PM EDT

Republic First Bank, a roughly $6 billion bank based in Philadelphia, was shuttered Friday by Pennsylvania state banking regulators and sold to Fulton Bank NA, capping off a prolonged decline that...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Recent Articles By Jon

November 06, 2024
What Trump's Return Means For Bank Regulation: 5 Questions
October 29, 2024
Republic First Bank Discriminated Before It Failed, NJ Says
June 20, 2024
FDIC Expands Requirements For Big-Bank Resolution Plans
May 28, 2024
OCC's Hsu Says More Banks May Need Crisis Playbook Rules
April 10, 2024
FDIC Details Prep For Winding Down Failing Financial Giants
August 17, 2023
FTX-Linked Bank Settles Fed Action As It Prepares To Close
August 08, 2023
HSBC Slams First Citizens' $1B SVB Suit As 'Short On Facts'
July 14, 2023
Student Loan Servicers Accused Of $1B Wrongful Collections
July 10, 2023
GOP Reps Press Fed's Powell To Rev Up SVB Doc Hunt