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American Banker - On Focus and In Depth

Thursday, March 18, 2010, as of 11:00 PM EDT

Markets

A Down Day for Bank Stocks

American Banker |  Mar 19

Banking stocks fell Thursday as analysts downgraded some regional names and Washington continued obsessing over how best to approach bank reform.

Huntington's Steady Rise in Standings

American Banker |  Mar 19

When Steve Steinour left the top job at Citizens Financial about two years ago, he never imagined he would end up as chief of Huntington, an also-ran with big problems.

Roma to Buy Sterling Banks (N.J.)

American Banker |  Mar 19

Roma Financial in Robbinsville, N.J., announced Thursday that it has agreed to acquire the struggling Sterling Banks of Mount Laurel, N.J., for $14.7 million in cash.

House to Vote on Student Lending

American Banker |  Mar 19

The House will vote within days on a bill to end private lenders' role in government-guaranteed student lending.

Greenspan Admits Some Missteps

Dow Jones |  Mar 19

In a detailed review of the causes of the financial crisis, former Fed Chairman Alan Greenspan acknowledged a range of regulatory failures but strongly disputed the widely ...

Ritter Forgoes $12.3M of Pay

Bloomberg News |  Mar 19

Regions Financial CEO Dowd Ritter, who's stepping down after two straight annual losses, is giving up $12.3 million in promised compensation by retiring this year.

Private Company Stock
Company-friendly secondary market to buy & sell private company stock

Markets Resources

Analyst Roundtable

2010 Outlook: Red Tape, Housing Concerns

The banking industry may be on the mend, but its recovery could be hindered by heavy-handed regulation and more pain in the housing market, among other things.

Viewpoint

Prepare for IFRS Now, Not Later

The chairman of a consulting firm advises not to "conclude on current debate that IFRS will be delayed or abandoned." SEC action on the roadmap is secondary to globalization.

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