U.S., China Team Up on Failed San Francisco Bank
American Banker | Nov 6Officials announced the elaborate closing of United Commercial Bank Friday night in a deal involving both U.S. and Chinese regulators and a buyer poised to assume the bank's ...
- Topic: Bank Failures
Deposits May Become a New Liability
American Banker | Nov 6 | Free with RegistrationBankers are grasping to find a new conventional wisdom on deposits. The quest for core deposits was supposed to be king in the new back-to-basics, retail-driven business model.
Can 'Living Wills' Help Resolve Big Institutions?
American Banker | Nov 6 | Free with RegistrationWhile lawmakers consider whether to require systemically important firms to draft their own advance resolution plans, the utility of such outlines is already a matter of fierce debate.
FHLB Seattle Still "Undercapitalized," Regulator Says
Designation will not allow it to redeem capital stock
American Banker | Nov 6The FHFA said late Friday that the Federal Home Loan Bank of Seattle remains "undercapitalized" and will not be allowed to redeem or repurchase stock or pay dividends.
Treasury Blocks Fannie's Sale of Tax Credits
Dow Jones | Nov 6The Treasury has blocked Fannie Mae's proposed sale of nearly $3 billion in low-income housing tax credits to Goldman Sachs Berkshire Hathaway after concluding that ...
Frank Open to Compromise on Single Regulator
American Banker | Nov 6With Chris Dodd's draft regulatory reform legislation to consolidate banking supervision expected to emerge soon, Barney Frank suggested there might be some room to nudge ...
Weary B of A Shareholders Getting Antsy
American Banker | Nov 6The support of shareholders — tenuous under CEO Ken Lewis this year — is vital to Bank of America. Institutional investors could be crucial allies for B of A if the government requires it to raise more capital before quitting the Tarp.
A Tale of Two Stock Offerings
American Banker | Nov 6Alliance in Syracuse, N.Y., and Hancock in Gulfport, Miss., reported starkly different outcomes for their offensive stock offerings Friday.
Friday's Bank Stock Wrap
Banks Underperform the Market on Job News
American Banker | Nov 6Bank stocks lost ground but were not punished too severely on the news Friday that unemployment had topped 10%.
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.
Breakingviews.com
The Fed's Latest Inaction Creates More Bubble Risk
By not even signalling an end to easy money the central bank runs the risk of further inflating asset and commodity prices and sinking the dollar.
Special Report
Retail Delivery
As transactions give way to interaction, branches adapt anew to a variety of staffing and design demands. Also: during crisis' toughest days, an incoming CEO finds voice via webcasts.
