Entries tagged "bank failure"

Bank failures reach 120

The Federal Deposit Insurance Corp. shut down five banks on Friday, bringing the total number of bank failures this year to 120.

Bank failures hit 95

The FDIC closed Georgian Bank, the 95th bank to fail this year.

Roll Call: Goldman Shakes Off 'Negative Press'

Here are some must-reads to get your Tuesday started.

Five more banks fail, bringing total to 77

Five more bank were shut down this weekend by the Federal Deposit Insurance Corp., bringing the number of bank failures this year to 77.

BB&T waiting until Colonial dies to swoop in?

Patience may pay off for BB&T as the bank is reportedly seeking to acquire assets of the near-dead Colonial BancGroup.

FDIC to seize Guaranty Financial

Texas bank Guaranty Financial Group admits FDIC seizure is imminent in an 8-K filing.

For banks, a distressed middle ground?

Members of the bankruptcy bar ponder an alternative to the current bank failure and bailout options for financial services firms.

Reckoning is near for Main Street banks

An attempt to replicate the Federal Reserve's stress tests on smaller banks shows that over 600 would be undercapitalized.

U.S. banks need $24B; 600 banks may close

On a weekend where no banks failed, the FT and the Journal are shaking things up with the results of their own stress tests.

Two more banks fail, bringing total to 23

The Federal Deposit Insurance Corp. shut down two banks this weekend, bringing the total number of banks that have failed this year to 23.

Another bank falls

The latest bank to be seized by the Federal Deposit Insurance Corp. is Oregon-based Silver Falls Bank, bringing the total of bank failures in 2009 to 14.

Feds could throw bones to PE, hedge funds

Even if the reports that Treasury Secretary Tim Geithner may court private capital firms to invest in banks are true, interest may be tepid.

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