Man wanted in upstate New York quadruple murder arrested in the Dominican Republic
IRONDEQUOIT, N.Y. — A man wanted for the brutal murder of a family of four in upstate New York last summer was arrested Wednesday in … Read more
Republic
New Jersey flags to fly half-staff for 226 killed in Dominican Republic nightclub collapse
TRENTON, N.J. — Acting Governor Tahesha Way has ordered all U.S. and New Jersey flags to fly at half-staff on Monday in remembrance of the … Read more
Fugitive alien wanted for murder in Dominican Republic arrested in Lawrence by federal agents
LAWRENCE, MASS. — A Dominican national wanted for homicide in his home country was arrested Wednesday in Lawrence by U.S. Immigration and Customs Enforcement in … Read more
CBP improves Republic of Korea steel exports with Electronic Certification System
WASHINGTON — U.S. Customs and Border Protection (CBP) and the Republic of Korea held a ribbon cutting ceremony May 15 to celebrate the deployment of … Read more
Four men indicted attempting to smuggle exotic birds from Puerto Rico to the Dominican Republic
SAN JUAN, Puerto Rico– Today a federal grand jury indicted four men from the Dominican Republic who attempted to smuggle hundreds of exotic birds into … Read more
Flight Attendants Charged In Connection With Smuggling Drug Money To The Dominican Republic
U.S. Attorney Damian Williams said: “As alleged, these flight attendants smuggled millions of dollars of drug money and law enforcement funds that they thought was … Read more
Dominican Republic Man Sentenced to 84 Months in Prison and 3 Years of Supervised Release for Illegally Re-Entering the United States
JOHNSTOWN, Pa. – A resident of the Dominican Republic, has been sentenced in federal court to a total of 84 months in prison followed by … Read more
People’s Republic of China Citizens Sentenced to Federal Prison for Drug Trafficking
Saipan, MP – SHAWN N. ANDERSON, United States Attorney for the Districts of Guam and the Northern Mariana Islands, announced that Chun Yang and Yurong … Read more
JPMorgan says integration of First Republic Bank is going as per plan
By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase’s integration of failed First Republic Bank is going according to the plan as it looks to … Read more
CBP Intercepts 63 Migrants from the Dominican Republic and Haiti in a Yola Vessel Near Southwestern Puerto Rico
AGUADILLA, Puerto Rico – Marine Agents of US Customs and Border Protection Air and Marine Operations (AMO), along with Puerto Rico Police, intercepted Friday a … Read more
Dominican Republic Native Pleads Guilty to Smuggling $2 Million in Heroin Nearly 6 Years After His Flight from Justice
A native resident of the Dominican Republic pleaded guilty in federal court to two drug trafficking counts, United States Attorney Eric G. Olshan announced today. … Read more
Justice Department Announces Court-Authorized Action to Disrupt Illicit Revenue Generation Efforts of Democratic People’s Republic of Korea Information Technology Workers
On Oct. 17, pursuant to a court order issued in the Eastern District of Missouri, the United States seized 17 website domains used by North … Read more
Dominican Republic Resident Charged with Murder
NEW YORK CITY, NY – Anthony Cherestal, a 46-year-old resident of Santo Domingo, Dominican Republic, was arrested and charged with murder on Tuesday, at approximately … Read more
Lancaster Man to Face Charges for 2009 Murder After Arrest in Dominican Republic
LANCASTER, PA – A Lancaster city resident, Carl Hunter, 66, will be prosecuted in Lancaster County Court for the 2009 stabbing death of Michael Evans, … Read more
Republic First Bancorp postpones shareholder meet as it reviews strategic options
(Reuters) -Republic First Bancorp has postponed its 2022 annual shareholders meeting until Dec. 19 and said it continues to be in talks with parties, including … Read more
Fugitive Wanted for Lancaster Murder Captured in Dominican Republic
LANCASTER COUNTY, PA – Carl Hunter, a suspect in a 2009 homicide case, was recently arrested in the Dominican Republic and has been extradited back … Read more
Republic First Bancorp in preliminary talks with shareholders to raise capital
(Reuters) – Republic First Bancorp is in talks with a group led by activist investor George Norcross regarding an equity investment and a broader capital … Read more
EXCLUSIVE: Top GOP Rep Presses Biden Admin For Info On Unknown Number Of American Inmates In Dominican Republic
EXCLUSIVE: Top GOP Rep Presses Biden Admin For Info On Unknown Number Of American Inmates In Dominican Republic Jake Smith on August 27, 2023 House … Read more
US calls on Central African Republic to announce date for local elections
By Kanishka Singh WASHINGTON (Reuters) -The United States on Tuesday called on the Central African Republic to announce a date for local elections and added … Read more
CBP announces Global Entry partnership with Dominican Republic
WASHINGTON – U.S. Customs and Border Protection announced today that citizens of the Dominican Republic are now eligible to apply for Global Entry, a program that … Read more
ALAN DERSHOWITZ: Trump Indictment Inches Us Closer To A Banana Republic
When President Nixon was threatened with impeachment, prosecution, or both for his obvious crimes, members of his own party joined in the call for his … Read more
‘Like Banana Republic Land’: Alan Dershowitz Says Biden ‘Urged’ Merrick Garland To ‘Indict’ Trump
‘Like Banana Republic Land’: Alan Dershowitz Says Biden ‘Urged’ Merrick Garland To ‘Indict’ Trump Harold Hutchison on August 4, 2023 Harvard law professor Alan Dershowitz … Read more
Flagstar Bank hires six First Republic teams to expand private banking
(Reuters) – Flagstar Bank, a subsidiary of New York Community Bancorp, said on Thursday it has hired six private client banking teams from the now-defunct … Read more
US State Dept approves sale of F-35 aircraft to Czech Republic
WASHINGTON (Reuters) -The U.S. State Department has approved the sale of F-35 fighter jets, munitions and related equipment to the Czech Republic in a deal … Read more
Canada, Dominican Republic reach agreement over Haitian crisis response
OTTAWA (Reuters) – Canada and the Dominican Republic have agreed that Canada will coordinate assistance for Haiti by boosting staff at its embassies in Port-au-Prince … Read more
Exclusive-JPMorgan to close 21 First Republic Bank branches
By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase & Co will shut 21 branches of First Republic Bank by the end of the year … Read more
First Republic Bank paid some employees salaries of more than $10 million before collapse – Bloomberg News
(Reuters) – First Republic Bank was paying dozens of employees more than $10 million apiece annually in the heyday before its collapse, Bloomberg News reported … Read more
IMF sees slower Dominican Republic growth at 4% in 2023
MEXICO CITY (Reuters) – The Dominican Republic’s economy is expected to grow around 4% in 2023, the IMF said on Monday, slowing from the 4.9% … Read more
Republic First Bancorp to go slow on fundraise, says it has ‘adequate’ capital
(Reuters) -Republic First Bancorp said on Monday it had “adequate” capital and would wait for market conditions to stabilize before rounding out the $125-million fundraise … Read more
Republic First Bancorp cuts jobs in preparation to exit mortgage business
(Reuters) – Republic First Bancorp said on Friday it cut jobs in its commercial lending unit as the lender prepares to exit its mortgage origination … Read more
Fed data shows failed bank First Republic was key central bank borrower
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve data on Thursday showed a large part of the central bank’s emergency lending activities in … Read more
Western Alliance says no unusual deposit outflows after First Republic sale
(Reuters) – Western Alliance Bancorp said on Wednesday it had not experienced unusual deposit outflows following the sale of collapsed lender First Republic Bank to … Read more
Regional Bank Stocks Plummet Following First Republic Collapse
Regional Bank Stocks Plummet Following First Republic Collapse Jason Cohen on May 2, 2023 Regional bank stocks declined on Tuesday following the collapse of First … Read more
IMF lauds ‘quick and orderly resolution’ of First Republic by US regulators
WASHINGTON (Reuters) – The International Monetary Fund (IMF) appreciates quick action by U.S. regulators to seize First Republic Bank and find a private buyer, an … Read more
Fifth Third Bancorp bid for First Republic before sale to JPMorgan -sources
By Anirban Sen and David French NEW YORK (Reuters) – Fifth Third Bancorp was one the banks that submitted final bids for First Republic Bank … Read more
Biden says First Republic depositors protected, calls for stronger bank regulation
WASHINGTON (Reuters) – U.S. President Joe Biden on Monday hailed moves by U.S. regulators to facilitate the sale of First Republic Bank, protect all its … Read more
First Republic options draw bears, though cashing in could be a problem
By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) – Bearish options traders are ramping up bets on further declines in the beaten-down shares … Read more
First Republic most likely headed for FDIC receivership – CNBC
(Reuters) – First Republic Bank is most likely headed for Federal Deposit Insurance Corp (FDIC) receivership, CNBC reported on Friday citing sources. Shares of First … Read more
White House: Monitoring situation at First Republic, could step in if needed
By Andrea Shalal WASHINGTON (Reuters) – The White House is continuing to monitor the situation at First Republic Bank, which has continued to lose deposits … Read more
First Republic faces potential curb on borrowing from Fed – Bloomberg News
(Reuters) -U.S. bank regulators are weighing the prospect of downgrading their private assessments of First Republic Bank, which could lead it to face potential curbs … Read more
First Republic advisers have lined up potential purchasers of bank’s new stock – CNBC
(Reuters) – First Republic Bank’s advisers have already lined up potential purchasers of new stock in the lender if they can fix the bank’s balance … Read more
First Republic Bank short positions turn profitable for month – S3 Partners
NEW YORK (Reuters) – Short interest in shares of beleaguered First Republic Bank rose by $389.8 million to $945.5 million in the past 30 days, … Read more
First Republic Bank exploring up to $100 billion in asset sales – Bloomberg News
(Reuters) – Troubled lender First Republic Bank is exploring an asset sale of up to $100 billion, Bloomberg News reported on Tuesday, citing people familiar … Read more
First Republic, KPMG are sued for concealing bank’s risks
By Jonathan Stempel (Reuters) – First Republic Bank has been sued by shareholders who accused the beleaguered U.S. regional bank of concealing how rising interest … Read more
First Republic bank to suspend dividends on preferred stock
(Reuters) – First Republic Bank said in a regulatory filing on Friday that it will suspend payments of quarterly cash dividends on its preferred stock … Read more
Betting against First Republic, short sellers made $848 million in March – Ortex
(Reuters) – Short sellers made a whopping $848 million in paper profit by betting against beleaguered First Republic Bank in March, financial data company Ortex … Read more
Republic First Bancorp expects to file annual report after deadline
(Reuters) – Republic First Bancorp Inc said on Friday it expects to file its annual report with the U.S. Securities and Exchange Commission by May … Read more
First Republic Bank executives to forego annual bonuses for 2023
(Reuters) – First Republic Bank said on Wednesday all its executive officers have decided to take no annual bonuses for 2023, and founder and Executive … Read more
Moody’s downgrades credit ratings on First Republic Bank
(Reuters) – Ratings agency Moody’s on Friday downgraded the credit of First Republic Bank, citing deterioration in the bank’s financial profile and challenges faced by … Read more
First Republic Bank plans to raise cash by selling shares privately – NYT
(Reuters) – First Republic Bank is in talks to raise money from other banks or private equity firms by issuing new shares, the New York … Read more