-
Philadelphia-based Republic First Bank (doing business as Republic Bank) was closed today by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC entered into an agreement with Fulton Bank, National Association of Lancaster, Pennsylvania to assume ...
-
Effective April 30, 2024, as part of the annual renewal of the line-of-credit facility, DTC will implement the following changes to modify collateral value for certain securities, which may affect the value of positions applied to the Collateral Monitor: 1. Collateral valuation for corporate notes or bonds rated B1 to B3, will be updated to use a haircut ...
-
The Bitcoin price on Friday continued to trade in a sideways movement following the latest round of data. The BTC/USD oscillated between $65,297 and $63,685 within a sideways channel formation. The price of the pioneer cryptocurrency continues to oscillate below the 100-hour moving average line. As a result, Bitcoin still has a lot of room to run on either ...