Philadelphia-based lender Republic First Bancorp has been sold after being seized by regulators. Fulton Bank, another Pennsylvania financial institution, has agreed to acquire the lender — which does business as Republic Bank — and its…
After struggling under the weight of higher interest rates, Republic First Bancorp on Friday found another regional lender willing to rescue it: fellow Pennsylvania-based bank Fulton Financial Corp.
The regional lender, which operated as Republic Bank, was reeling with higher costs and inability to improve profitability that prompted it to cut jobs and exit its mortgage origination business in early 2023.
The Federal Deposit Insurance Corp. (FDIC) is reportedly in talks with potential buyers for Republic First Bancorp., a Philadelphia regional bank that does business as Republic Bank. The regulator is approaching potential buyers and…
A Pennsylvania federal judge has reduced an architectural firm's intellectual property lawsuit against Republic First Bancorp, reasoning that it didn't allege ownership over the products and designs at issue.
In his new role at Republic, Mr. Doran will lead legal and corporate governance initiatives while providing operational and strategic support to the organization. He will also oversee areas that include litigation matters, insurance, and…
Investors remain concerned about the future of regional banks. After regulators seized the struggling First Republic Bank and auctioned it off Sunday (April 30) and JPMorgan Chase agreed to acquire it on Monday (May 1), shares of other…