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Bank of the Ozarks recently dissolved its holding company in a move that goes against modern banking strategy. There are, however, strong arguments for other institutions to follow the bank's lead.
July 12 -
Royal Bank of Scotland Group agreed to pay $5.5 billion to settle the second of three major U.S. mortgage-backed securities probes the government-owned lender must overcome before it can fully return to the private sector.
July 12 -
The Treasury Department will take a huge hit when Cecil Bancorp sells its bank, while 1st Mariner Bank in Baltimore will see its equity stake completely wiped out. Cecil opted for bankruptcy court when it was unable to resolve an impasse over its trust-preferred stock.
July 11 -
The former Triumph Capital Advisors doubled its business by acquiring Doral Bank's CLO assets; Dodd-Frank’s “skin in the game” regs spurred its spinoff as a vehicle of the deep-pocketed Pine Brook.
July 11 -
Chinese banks and insurance companies represent a new and potentially large source of capital that could crowd out U.S. banks as investors in collateralized loan obligations.
July 11 -
The subprime business lender halted new business and laid off scores of employees after recording higher-than-expected losses.
July 6 -
AutoGravity of Irvine, Calif., has received $30 million in equity financing from VW Credit, according to a source familiar with the matter.
July 6 -
The world is divided into those who pursue popular decisions that are more likely to fail and those who go against the crowd and end up having the last laugh.
July 5IBM Global Business Services -
Readers criticized a credit union securitization proposal, weighed in on scaling back the CFPB’s complaint database, debated the need for banks to examine gender-based salary comparisons, and more.
June 30 -
Higher dividends and more aggressive repurchase programs are bound to attract more investors, which could boost stock prices and prompt more dealmaking, analysts said.
June 29