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By Jeff Horwitz
JUL 28, 2010 5:49pm ET

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Zions Turns to Deutsche Bank to Reduce Its Trust-Preferred Exposure

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Zions Bancorp. announced a deal Wednesday to offload to Deutsche Bank the risk of its $1.16 billion of pooled, trust-preferred securities.

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What the Mortgage Settlement Means to Banks
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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover

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17th Annual Best Practices in Retail Financial Services Symposium
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