Posts Tagged ‘bank’
|Fed Said to Plan Guidelines for Bank Dividends, Stock Buybacks
Fed Said to Plan Guidelines for Bank Dividends, Stock Buybacks
The Federal Reserve is preparing guidelines for supervisors to use in assessing whether banks are strong enough to boost dividends or buy back shares, a person familiar with the matter said.
Read more on BusinessWeek
Bank lending in Q3 ‘more restrictive’
Bank lending in Q3 ‘more restrictive’
THE Irish bank lending environment became “more restrictive” during the third quarter of this year, despite a marginal rise in the demand for business loans, according to a Central Bank survey.
Read more on Irish Examiner
`Pit Bull’ Lawyer, Bank of America, Hawk, Fed, Deutsche Bank in Court News
`Pit Bull’ Lawyer, Bank of America, Hawk, Fed, Deutsche Bank in Court News
Kathy D. Patrick is a Houston lawyer who spends her Sundays teaching children about God. The rest of the week, according to one attorney who knows her, she can be “as frightening as a pit bull on steroids.”
Read more on Bloomberg
Gordon bank among 7 latest to collapse
Gordon bank among 7 latest to collapse
Regulators have shut down a total of seven banks in Florida, Georgia, Illinois, Kansas and Arizona, lifting to 139 the number of U.S. banks that have fallen this year as soured loans have mounted and the economy has sputtered.
Read more on The Union-Recorder
President Obama on Meeting with Bank CEOs
The President talks about the importance of loosening access to credit and the necessity of financial regulatory reform in remarks following his meeting with financial and banking leaders at the White House. December 14, 2009. (Public Domain)
Decriminalizing the Reputation of an Austria Bank
Decriminalizing the Reputation of an Austria Bank
The chief executive of Hypo Group Alpe Adria says he wants to decriminalize his institution. One of his predecessors is in jail on fraud charges and another is the target of an insider-trading investigation.
Read more on New York Times
Feds: Defunct Pa. bank underreported bad loans
Feds: Defunct Pa. bank underreported bad loans
A former top bank official underreported millions of dollars in delinquent mortgages in the months before a tiny Pittsburgh bank failed and its deposits were taken over by another bank, a federal grand jury charged. Donna Shebetich, 45, of Pittsburgh was vice…
Read more on San Francisco Chronicle
Northern Rock ‘bad bank’ pays back another £1bn
Northern Rock ‘bad bank’ pays back another £1bn
The group formed from Northern Rock and West Yorkshire-based Bradford & Bingley’s toxic loans has paid back another £1 billion in taxpayer cash this year after ramping up its debt repayments.
Read more on Wakefield Today
GBC International Bank Completes Acquisition of Shoreline Bank, Shoreline, Washington
GBC International Bank Completes Acquisition of Shoreline Bank, Shoreline, Washington
GBC International Bank , one of the top five lenders utilizing the U.S. Export-Import Bank Working Capital program, and a preferred lender of the U.S. Small Business Administration Export Express and Export Working Capital Program, today announced it has completed the acquisition of certain loans and substantially all of the deposits of Shoreline Bank based in Shoreline, Washington.
Read more on Business Wire via Yahoo! Finance
Meadows Bank Provides $2.4 Million SBA 504 Construction Financing for a New Assisted Living Facility in Sacramento, CA
Meadows Bank Provides $2.4 Million SBA 504 Construction Financing for a New Assisted Living Facility in Sacramento, CA
LAS VEGAS, NV–(Marketwire – September 30, 2010) – Meadows Bank, a full service community bank specializing in Small Business Administration (SBA) and United States Department of Agriculture (USDA) loans, headquartered in Las Vegas, NV, announced today it has provided $2.4 million in SBA 504 construction and permanent financing to Florin Road Partners to construct a new assisted living facility …
Read more on Marketwire