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Category FDIC


Republic First Bank collapses, seized by U.S. government

Republic First Bank collapses, seized by U.S. government

Republic First Bank has officially been seized by U.S. regulators, making a big blow to the regional banking sector. This decision by the Pennsylva...
Apr, 27, 2024
3 min read
by CryptoPolitan
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...
Apr, 27, 2024
by Bitcoin News
Republic First Bank Officially Collapses, Seized By Regulators

Republic First Bank Officially Collapses, Seized By Regulators

Republic First Bank has officially collapsed and has been seized by regulators. The FDIC announced Friday that the…
Apr, 26, 2024
1 min read
by Watcher.Guru
FDIC disses Switzerland over approach to Credit Suisse collapse

FDIC disses Switzerland over approach to Credit Suisse collapse

The way Switzerland handled the downfall of Credit Suisse by merging it with UBS did not sit well with U.S. regulators. The chair of the Federal De...
Apr, 12, 2024
2 min read
by CryptoPolitan
A look at the implications of US’s new restrictions on big bank mergers

A look at the implications of US’s new restrictions on big bank mergers

Recent moves by US banking watchdogs are signaling tough times ahead for big bank mergers. At the heart of this is the Federal Deposit Insurance Co...
Mar, 22, 2024
3 min read
by CryptoPolitan