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CoBiz Financial Inc. said Monday that it was initially approved for as much as $57.4 million from the Small Business Lending Fund program — the second highest amount approved to date.
August 23 -
The Federal Deposit Insurance Corp.'s "Quarterly Banking Profile" showed many positive signs for the industry. Net income was nearly 38% higher than a year earlier, registering the eighth straight quarter with year-over-year earnings growth. Total loans rose 0.9% in the quarter to $7.3 trillion, the first such increase in three years.
August 23 -
Miami-based Ocean Bank faces a nearly $11 million fine to settle charges it turned a blind eye to drug traffickers allegedly using the bank to launder money.
August 22 -
Central bank proposes two-year phase-in period for thrift holding companies to start new reporting requirements.
August 22 -
When the final chapter on this housing crisis is written, I hope that I am still around to see those who were responsible for its cause and the feeble attempts to fix it held responsible.
August 22
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The agency's Quarterly Banking Profile will report bank and thrift earnings for the second quarter. In May, the agency said institutions had earned $29 billion in the first quarter, and net income had grown on a year-over-year basis for seven straight quarters.
August 22 -
Most 'ex parte' communications with the regulator will be part of the public domain.
August 22 -
Stein and Clarida have let their opinions be known on issues ranging from capital rules to Fed efforts to boost the economy.
August 22 -
Years may pass before some merchants realize any savings from the debit card interchange-fee cap mandated by the Durbin amendment to the Dodd-Frank Act.
August 22 -
Mutual holding companies now must explain why they want to waive dividends from their thrifts. Observers fear the rule could repel prospective investors.
August 22





