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BRIEF-Federal Deposit Insurance intends to pursue restitution order against a unit of Bancorp
October 20, 2017 / 9:56 PM / 2 months ago

BRIEF-Federal Deposit Insurance intends to pursue restitution order against a unit of Bancorp

Oct 20 (Reuters) - Bancorp Inc

* Bancorp - ‍on Oct 17, Federal Deposit Insurance Corp informed unit of co it intends to pursue order for restitution - SEC filing

* Bancorp - order for restitution to unit is to pay civil money penalty in an amount up to $2.6 million

* Bancorp Inc - ‍co will accrue $2.5 million of related expense in its financial statements for quarter ended September 30, 2017 in connection with CMP order​ Source text: (bit.ly/2xUKevm) Further company coverage:

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