Four More Banks Fail with Losses of $375 Mil. Expected

Regulators closed four more banks in the past week: First Southern National Bank in Georgia, Lydian Private Bank in Florida, First Choice Bank in Illinois and Public Savings Bank in Pennsylvania. In Florida, the Office of the Comptroller of the Currency (OCC) appointed the Federal Dep
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Sabal Buys $212 Mil. Bank Loan Portfolio

Sabal Financial Group LP, in Newport Beach, CA, acquired a $ 212 million portfolio from a major Midwest retail bank. The portfolio includes more than 100 loans, both performing and non-performing, and is primarily secured by retail, office and industrial properties and land. A minorit
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