Independent Employers Group Federal Credit Union

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Failures

Republic First fails; Fulton Bank acquires assets, branches

The Philadelphia-based bank's parent company, Republic First Bancshares, had been roiled by a yearslong proxy battle involving activist investors groups and its former CEO.

By Kyle Campbell

4h ago
TGI Fridays mulls options to repay franchise-backed debt

The company has considered a new private loan that would refinance its $375 million asset-backed bonds structured as a whole-business securitization

By Carmen Arroyo, Reshmi Basu and Ellen Schneider

8h ago
Auto ABS

Global Lending prepares $289.6 million in ABS, after its sponsor's 2023 origination boost

Known for subprime financing, the sponsor has been making inroads lending to near-prime customers in the last couple of years.

By Donna M. Mitchell

11h ago