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Media

FDIC Sets February 10 Deadline for BlackRock Over Bank Stakes Oversight

In a significant regulatory development, BlackRock Inc., the world’s largest asset manager, has been given a new deadline of February 10 by the...

Media

European Banking Consolidation Wave: Record Profits Drive M&A Momentum in 2025

The European banking sector is poised for significant consolidation in 2025, as record profits and improving market conditions fuel renewed merger and acquisition...

Media

US Banks Face Major Legal Battle Over $870 Million Zelle Fraud Scandal

The Consumer Financial Protection Bureau (CFPB) has launched a significant lawsuit against three of America’s largest banks – JPMorgan Chase, Bank of America,...

Regulators seize Republic First Bank
Business

Regulators Seize Republic First Bank in First Collapse of 2024

Philadelphia’s financial landscape trembled as Republic First Bancorp, a regional stalwart, found itself in the grips of Pennsylvania regulators, marking the inaugural banking...