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Another Bank Just Failed, How Many More Will Come?!
The first bank failure of 2024 is a familiar tale. A relatively small institution in Philadelphia, by itself it doesn't really mean all that much. However, there are a couple of important developments to go along with the background which raise questions and a few concerns. Is this the second chapter for the bank crisis?
Eurodollar University's Money & Macro Analysis
FDIC Press Release
https://www.fdic.gov/news/press-releases/fulton-bank-na-lancaster-pennsylvania-assumes-substantially-all-deposits
Republic First's last SEC filing…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.