PHILADELPHIA (CBS/AP) -- Philadelphia-based Republic First Bank was closed by state regulators Friday night and its assets were given to the Federal Deposit Insurance Corp., FDIC announced in a ...

First Republic Bank was teetering for weeks before it was seized early Monday by regulators, who then accepted a bid from banking giant JPMorgan Chase to acquire almost all of its assets.

Troubled Philadelphia-based regional bank Republic First Bancorp was seized by Pennsylvania regulators Friday, marking the first regional banking failure this year following a series of high ...

First Republic Bank is in a fight for its survival. The past few weeks have been brutal for the San Francisco-based lender. Now, some analysts say a collapse of the bank is imminent.

The First Republic rescue included $50 billion in financing from a U.S. agency. The collapse of First Republic Bank on Monday left it under control of the U.S. government, which quickly sold the ...

“It’s the biggest example of a bank that could go down and shouldn’t go down — a first-class bank,” said a source close to the 48-hour deal to infuse First Republic with $30 billion in cash.

Shares of First Republic Bank slumped 49% on Wall Street on Tuesday after the lender reported that its deposits shrank by $100 billion in the first quarter of this year. Analysts at Wells Fargo ...

Many customers with deposit amounts north of the federal insurance limit withdrew their funds at First Republic Bank when Silicon Valley Bank collapsed. A considerable amount of the bank’s funds ...

Stock prices at a group of major U.S. regional banks have plummeted Monday morning just hours after First Republic Bank’s sudden collapse and takeover by JPMorgan Chase, as fears persist that a ...

The three US banks that collapsed this year — First Republic, Silicon Valley Bank and Signature Bank of New York — had more combined assets under management than all 25 federally insured ...

First Republic Bank has reached an agreement with some of the largest U.S. banks to stabilize its balance sheet in the aftermath of the Silicon Valley Bank collapse, federal regulators said Thursday.