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Video Format : (720p) openh264 ( https://github.com/cisco/openh264) mp4a.40.2 | 44100Hz
Audio Format: 140 ( High )
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6 Views • Apr 27, 2024 • Click to toggle off description
Read the story at snip.ly/RepublicBank
US regulators have seized Republic First Bancorp and agreed to sell it to Fulton Bank, the Federal Deposit Insurance Corp. said Friday, underscoring the challenges facing regional banks a year after the collapse of three peers.
The Philadelphia-based bank, which had abandoned funding talks with a group of investors, was seized by the Pennsylvania Department of Banking and Securities.
The FDIC, appointed as a receiver, said Fulton Bank, a unit of Fulton Financial, will assume substantially all deposits and purchase all the assets of Republic Bank to “protect depositors.”
realestate #banking @wsj @fulton.bank
Views : 6
Genre: Education
Date of upload: Apr 27, 2024 ^^
Rating : 5 (0/4 LTDR)
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User score: 100.00- Masterpiece Video
RYD date created : 2024-04-27T21:02:48.904109Z
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