Republic Bank's 'Dysfunction' Enabled Its Failure, FDIC Says
Republic Bank's 'Dysfunction' Enabled Its Failure, FDIC Says <https://www.law360.com/compliance/articles/2260257?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-11-14&read_main=1&nlsidx=0&nlaidx=8> By Sarah Jarvis The former Republic First Bank failed because of its inability to hold certain debt securities, its insufficient liquidity and an ineffective board and management team, according to a post-mortem review issued Wednesday by the Federal Deposit Insurance Corp.'s watchdog. 1 document attached | Read full article » <https://www.law360.com/compliance/articles/2260257?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-11-14&read_more=1&nlsidx=0&nlaidx=8> | Save to favorites » <https://www.law360.com/compliance/articles/2260257?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-11-14&read_later=1&nlsidx=0&nlaidx=8>
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Gunnar Larson