News with the tag "Republic First Bank"

The Republic First Bank has collapsed with the United States Government taking control of the firm, a bullish call for crypto The post Crypto Community Buzzes as US Government Seizes Republic First Bank appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

Republic First Bank has officially been seized by U.S. regulators, making a big blow to the regional banking sector. This decision by the Pennsylvania Department of Banking and Securities came after the bank, based in Philadelphia, pulled out of import funding discussions with a group of investors. ...

In the wake of a turbulent period for U.S. banks, the Pennsylvania Department of Banking and Securities has shut down Philadelphia-based Republic First Bank, also known as Republic Bank. The Federal Deposit Insurance Corporation (FDIC) has stepped in as receiver, with Fulton Bank assuming nearly all...

The United States witnessed its first banking failure of 2024 with the closure of Philadelphia-based Republic First Bank, creating ripples within the cryptocurrency community as Bitcoin, Ether, and various altcoins experienced slight price drops following the announcement. This event has spurred dis...

The bank's 32 branches in the United States will reportedly reopen under Fulton Bank starting next week.