Greenway, April 25 | According to Bloomberg, citing people familiar with the matter, the US Federal Deposit Insurance Corporation (FDIC) is in negotiations with potential buyers of Republic First Bancorp. At the end of last year, the bank struck a deal with a group of investors, including veteran businessman George Norcross and renowned lawyer Philip Norcross, but the deal ended in February of this year. Regulators are seeking bids for the Philadelphia-area bank, according to people familiar with the matter. Republic First laid off workers last year to cut costs, withdrew from the mortgage business, and was delisted from NASDAQ in August last year.