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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 ...
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The gold price on Friday pulled back off the session highs of about $2,350 to trade at about $2,334. The price of the yellow metal continues to trade within an ascending channel formation in the 60-minute chart. Despite the pullback, gold continues to trade slightly above the 100-hour moving average line. Friday’s pullback prevented the XAU/USD from ...
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The U.S. derivatives market regulator Commodity Futures Trading Commission (CFTC) has announced that Judge R. Gary Klausner of the U.S. District Court for the Central District of California entered a consent order against Red Rock Secured, LLC (Red Rock), Sean L. Kelly f/k/a Shade L. Kelly-Johnson, and Anthony “Tony” Spencer on April 23. The order finds the ...