Use this button to switch between dark and light mode.

Republic First Bank Fails in Biggest Bust Since 2023 Turmoil

May 21, 2024 (3 min read)

Republic Bank's failure in 2024 followed closely on the heels of the bank failures of Silicon Valley and First Republic Bank in 2023. Recent legislation (proposed and final) seek to address risks related to elevated interest rates, management, credit, and liquidity struggles. For an in-depth analysis of the ongoing challenges confronting the organization and the banking industry as a whole, refer to this Law360 article.

Read here »

Related Content          

  • Federal Deposit Insurance Corporation
    Explore the role of the FDIC and its main functions in the U.S. financial regulatory system. This practice note, also by Elizabeth A. Khalil, CIBC Bank USA, provides an overview of the FDIC and its role as an insurer of deposits for banks and savings associations, as examiner and supervisor of state-chartered institutions that are not members of the Federal Reserve System, and its role in managing receiverships of failed insured institutions.
  • Navigating a Failed Bank Receivership
    Learn about the insolvency regime under federal banking law that enables the FDIC to serve as receiver for a failed insured depository institution. This practice note sets forth various requirements that govern the FDIC’s conduct, activities, and operations in connection with any failed bank.

Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.              


Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+