Feds shut Sonoma Valley Bank - Sonoma Index-Tribune
Tue, 24 Aug 2010 00:49:49 GMT+00:00
Sonoma Index-Tribune Nobody from the bank's loan committee or from its board was willing to talk to the Index-Tribune this week about any aspect of the bank's failure . ... FDIC shutters more local bank branches Trading Markets (press release) Butte Community Bank seized by FDIC Red Bluff Daily News Rabobank acquires Butte Community, Pacific State Bizjournals.com KHSL  - istockAnalyst.com (press release)

Bank failure lesson paid dividend in memories | GOOD MORNING COLUMN - Evansville Courier & Press
Thu, 26 Aug 2010 04:59:43 GMT+00:00
lesson paid dividend in memories | good morning column evansville Courier & Press The last time I visited my hometown, I took a walk past the bank that failed during the Depression. The outside looks much as it did in ...

Smaller banks struggle to recover, failure rate higher in 2010 than 2009 - International Business Times
Tue, 24 Aug 2010 16:08:57 GMT+00:00
rate higher in 2010 than 2009 International Business Times While most sectors and metrics of the US economy have improved or at least stabilized, bank failures have actually increased in 2010 from both 2009 and 2008 ...

New Banks Needed - Huffington Post (blog)
Wed, 25 Aug 2010 19:27:34 GMT+00:00
Huffington Post (blog) The government has propped up the banking sector, believing systemic impacts of bank failures would trigger a tidal wave of further liquidity contraction ...

Tracking Bank Failures: Regulators Close Five More Institutions - Wall Street Journal (blog)
Mon, 02 Aug 2010 21:08:13 GMT+00:00
: Regulators Close Five More Institutions Wall Street Journal (blog) LibertyBank of Eugene, Ore., was the largest failure of the night. The bank had total assets of $768.2 million and total deposits of ... Failures on Two Coasts Stretch Toll for Year to 108 BankInvestmentConsultant.com

Regulators shut down Bartow bank; CenterState takes over - News Chief
Sat, 21 Aug 2010 16:32:35 GMT+00:00
; CenterState takes over News Chief The number of bank failures is expected to peak this year and be slightly higher than the 140 that fell in 2009. That was the highest annual tally since ... Two more Florida banks fail, bring total to 22 for year Florida Times-Union (blog)

Not releasing sanctioned loan by bank is unfair trade practice - Business Standard
Wed, 25 Aug 2010 12:48:37 GMT+00:00
is unfair trade practice Business Standard ... seeking refund of Rs 1.46 lakh which he had to pay to the housing society for delay in payment due to bank's failure to release the sanctioned loan. ...

US bank failures total 108 after 5 shut on Friday - Moneycontrol.com
Sat, 31 Jul 2010 06:45:32 GMT+00:00
total 108 after 5 shut on Friday Moneycontrol.com US bank failures reached 108 so far in 2010 on Friday as regulators seized five small banks in the Pacific Northwest and the Southeast, none publicly traded ... Acworth Bank Among Failures Coosa Valley News Coastal Community Bank Fails Along With 4 Others MyBankTracker.com FDIC's Mountain Of Failed Bank Assets Grow As Five More Banks Collapse Problem Bank List (blog) Investing Contrarian  - Deposit Accounts (blog)  - Wall Street Journal

Venture Bank's former headquarters sold - TheNewsTribune.com
Wed, 25 Aug 2010 07:02:13 GMT+00:00
former headquarters sold TheNewsTribune.com The FDIC sold the building to ACU, and the proceeds from the deal likely will be used to pay off debts associated with the Venture Bank failure , ...

Movie Gallery, BankUnited, Lehman, Fleetwood, Hawaii Biotech: Bankruptcy - Bloomberg
Tue, 24 Aug 2010 04:55:05 GMT+00:00
Bloomberg The bank's failure cost the FDIC $4.9 billion. It had deposits of $8.6 billion and $12.8 billion in assets. Debt of the Coral Gables, Florida-based holding ...

Business news in brief - Philadelphia Inquirer
Sat, 07 Aug 2010 07:07:06 GMT+00:00
Philadelphia Inquirer The closure brings to 13 the number of bank failures this year in Illinois. The failure of Ravenswood Bank is expected to cost the deposit insurance fund ...

Heartland to buy former Bank of Illinois building - Bloomington Pantagraph
Mon, 23 Aug 2010 20:56:24 GMT+00:00
of Illinois building Bloomington Pantagraph He said that with Heartland already watching over the building, a sale was not as urgent for the FDIC as, say, the bank failure itself. ...

Deals of the Day: From Potash to McAfee, Deal Making Springs to Life - Wall Street Journal (blog)
Fri, 20 Aug 2010 13:35:49 GMT+00:00
Wall Street Journal (blog) ... allowing regulators to convert them to equity or write them off in the event of the bank's failure , the Basel Committee on Banking Supervision proposed. ...

Venture that includes Toll Brothers entity buys portfolio from FDIC - Philadelphia Business Journal
Tue, 17 Aug 2010 15:50:23 GMT+00:00
Philadelphia Business Journal The assets were all from what was Cleveland-based Amtrust Bank, which was taken over by the FDIC in December and was the fourth-largest bank failure last ...

Cowlitz Bank closed, sold to Heritage Bank - Puget Sound Business Journal
Mon, 02 Aug 2010 13:07:19 GMT+00:00
closed, sold to Heritage Bank Puget Sound Business Journal Washington state regulators closed Cowlitz Bank, of Longview, late in the day July 30, marking the eighth bank failure statewide in 2010. ...

More power to Sheila Blair - Independent (blog)
Tue, 24 Aug 2010 12:42:00 GMT+00:00
Independent (blog) As Blair puts it: In a properly regulated world debt holders stand to lose in the event of a bank failure . Instead, debt holders will demand compensation ...

131 RALPH McGILL BOULEVARD, LLC v. FIRST INTERCONTINENTAL BANK - Leagle.com
Wed, 04 Aug 2010 12:04:42 GMT+00:00
Leagle.com The trial court ruled that the Bank's failure to file the response to the request for admission was due to "excusable neglect" [ 8 ] and granted a one-day ...

SEC Proxy Rule, U.K. Bank Capital, SocGen Fined: Compliance - Bloomberg
Thu, 26 Aug 2010 06:11:32 GMT+00:00
Capital, SocGen Fined: Compliance Bloomberg The regulator described the failure as a serious breach of our rules. The Paris-based bank submitted inaccurate reports or failed to submit any data on 80 ...

The Daily Charts for Crude Oil, Euro and the Dow Are Overbought - Seeking Alpha (blog)
Wed, 04 Aug 2010 14:09:19 GMT+00:00
Seeking Alpha (blog) Many banks that need additional capital are too far gone and should be closed on Bank Failure Friday, rather than being propped up by tax payer funds. ...

Success of globalization rests with G20, Paul Martin says - Globe and Mail
Sun, 08 Aug 2010 00:07:01 GMT+00:00
Globe and Mail If there is a bank failure involving them, he said, the risk is there won't be aa stimulus package large enough to save the world's economies. ...