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 Detonation! Bank failure
Detonation! Bank failure
First this year! A bank in the United States declared bankruptcy, with an asset of 43 billion yuan! According to Lu Tou, quoted by CCTV News, on April 26 local time, the Federal Deposit Insurance Corporation (FDIC), a banking regulator, announced that the Pennsylvania regulator had closed the Philadelphia based Bank of the Republic, the first U.S. bank to be closed this year. The Federal Deposit Insurance Corporation said in its statement that the Pennsylvania regulator designated the Federal Deposit Insurance Corporation as the receiver. In order to protect depositors, the Federal Deposit Insurance Corporation of the United States reached an agreement with Fulton Bank, which will assume the responsibility of
 Detonation! Bank failure
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