Republic First CEO Vernon Hill resigns
Banking news
Source: bankingdive.com
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The dissident majority of Republic First Bank's board moved quickly after a court ruled in its favor, filling a vacancy with Ben Duster.
Press release content from Business Wire. The AP news staff was not involved in its creation.
The Philadelphia bank's board acted fast to fill a vacant board seat after a recent court victory, ending a deadlock that kept Hill's position secure.
Appeals court overturned a ruling that had called for a custodian to oversee the fractured Republic First Bank board.