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American Banker - On Focus and In Depth

Monday, November 23, 2009, as of 03:27 PM EDT

Smart-Safe Deposits Could Open New Markets to Banks

American Banker | Nov 23

Smart safes, offering merchants deposit credit for cash that has not even left the store, are helping banks crack new markets.

Caution Pays Dividends for California's Malaga

American Banker | Nov 23

Malaga Financial is among the truly elite. It had zero nonperforming loans at the end of the third quarter, a distinction shared by only 6.5% of banks and thrifts nationwide.

Reform Heads Backward

Dodd to start over; Frank seeks to save Fed

American Banker | Nov 23

It was supposed to be the week the House Financial Services Committee passed a key part of regulatory reform and the Senate Banking Committee finally began moving forward ...

Multiple Charters Under More Pressure

American Banker | Nov 23

Executives at some banks say they have not given up on their longtime models, but the strategy of using lots of charters and letting front-line managers make tough decisions might become another casualty of the financial crisis.

People's United to Buy Financial Federal in $738M Deal

Dow Jones | Nov 23

People's United Financial of Bridgeport, Conn., agreed to acquire Financial Federal in a stock and cash deal valued at about $738 million ...

Three Banks May Bid on Their Warrants at Sale

American Banker | Nov 23

One of the three banking companies whose warrants are to be auctioned by the Treasury Department in the next month is interested in making a bid, and industry experts say the ...

JPMorgan Chase to Scrap Arbitration

American Banker | Nov 23

JPMorgan Chase has become the second major credit card issuer to abandon mandatory arbitration, dealing another blow to the once-common industry practice.

The FinTech 100

Turning Lemons into Lemonade

In a year where there were huge structural changes and consolidation in financial services, the top 100 financial technology firms actually saw their revenue grow.

Pipeline

A roundup of credit market news and views

Barry Sternlicht's REIT has $1 billion to buy distressed assets, but banks aren't selling. The former hotel mogul explains why he thinks that will change.

Viewpoint

Risk After Failure

Two members of a legal team specializing in insurance recovery say that, as the FDIC begins suing officials of failed institutions, D&O coverage has become a significant asset.

Departments

Survey

With Dodd vowing to recraft his regulatory reform bill to get Republican support and Frank delaying a vote on a key part of his plan, is reform in real trouble?

Email Newsletters

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Warren Buffett, chairman of Berkshire Hathaway (Photo: Bloomberg News)People

Buffett's Bank Buffet

Warren Buffet tinkers with his bank holdings; at least one constant in rapidly changing California banking scene: Robert Horsman; JPM Chase's $5M Facebook giveaway.

Key Stock Indexes

Updated at 1:00PM ET and 5:00PM ET
Value Day Week Month
KBW Bank Index 44.57 2.06 1.13 1.00
ABA/Nasdaq Index 144.44 1.65 0.18 -0.16
S&P 500 Index 1107.00 1.43 -0.30 4.10

How Consumerization of IT Will Make Your Business More Productive

Read this exclusive IDG Research Services survey to learn why IT executives worldwide are embracing 'The Consumerization Of IT.