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Category bank failures

MainNewsbank failures
Millions Recovered: DOJ Orders Seized Funds Returned in Failed Bank’s Crypto Scheme

Millions Recovered: DOJ Orders Seized Funds Returned in Failed Bank’s Crypto Scheme

A judge ordered millions seized in a Kansas crypto fraud scheme be returned to defrauded investors, marking partial relief for victims of the bank ...
Billionaire Barry Sternlicht Foresees Banks Failing Every Week in US

Billionaire Barry Sternlicht Foresees Banks Failing Every Week in US

Barry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the vulnerability of regional and community banks in the U.S. to high in...
Report Reveals Hundreds of US Banks at Risk of Failure Amid High Interest Rate Environment

Report Reveals Hundreds of US Banks at Risk of Failure Amid High Interest Rate Environment

Following the dramatic bank failures last year and the recent collapse of Philadelphia’s Republic First Bank last week, an analysis by Klaros Group...
Philadelphia’s Republic First Bank Closed by Regulators, Assets Assumed by Fulton Bank

Philadelphia’s Republic First Bank Closed by Regulators, Assets Assumed by Fulton Bank

In the wake of a turbulent period for U.S. banks, the Pennsylvania Department of Banking and Securities has shut down Philadelphia-based Republic F...
An In-Depth Look Into the 2023 Banking Crisis — 3 of the Largest Bank Failures in US History

An In-Depth Look Into the 2023 Banking Crisis — 3 of the Largest Bank Failures in US History

The U.S. economy experienced an interesting year in 2023, marked by unprecedented upheaval within the American banking sector due to the combined c...