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Cryptopolitan 2024-04-27 15:27:22

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 Pennsylvania Department of Banking and Securities came after the bank, based in Philadelphia, pulled out of import funding discussions with a group of investors. The Federal Deposit Insurance Corp (FDIC) has appointed

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