Articles in bank failures
The FDIC is seriously considering borrowing from banks to help top-up its deposit guarantee fund. From the NYT…
Senior regulators say they are seriously considering a plan to have the nation’s healthy banks lend billions of …
U.S. bank regulators might tap into a line of credit with the U.S. Treasury in order to help top-up the FDIC funds that guarantees bank deposits.
Federal Deposit Insurance Corp Chairman Sheila Bair said on Friday …
Commercial real estate foreclosures are expected to cause a new wave of bank failures, according some analysts. The FDIC closed 25 banks last year and 92, so far, this year. The pace is picking up …
Three more oversight reports released last week criticized the supervision of failed banks.
The Federal Deposit Insurance Corp.’s inspector general evaluated the March failures of the $325 million-asset FirstBank Financial Services in McDonough, Ga., and the …
It looks like one of the largest banks in Texas is likely to be next on the FDIC salvage list. From Austin Business Journal…
“Guaranty Financial Group Inc. will probably fail after loan losses and writedowns …
