Regulators slated to seize Republic First, close to sale pact, WSJ reports

Regulators are slated to seize the failing Republic First Bancorp and are close to an agreement to sell it to another bank, the Wall Street Journal’s Gina Heeb, Lauren Thomas, and Justin Baer report. The bank failure and deal could be announced as soon as Friday, though the identity of the anticipated purchaser could not be learned, the authors say, citing people familiar with the matter.