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Underlyling the FDIC's relatively positive quarterly report is a story of risk aversion by banks. Earnings can't be sustained at this rate, regulators warn.
August 23 -
Most banking agencies kept running on Tuesday after a 5.8 magnitude earthquake rattled Washington, but let some employees go home. There were no immediate reports of damage to any of the buildings.
August 23 -
The FDIC charged executives of the failed Silverton Bank with squandering millions on planes, posh digs, and island retreats.
August 23 -
It is now close to three weeks since Standard & Poor's lowered its rating on U.S. debt from AAA to AA+ and we now have had sufficient time to evaluate both the downgrade and the aftermath.
August 23
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Debt Relief USA Inc. has agreed to settle charges brought by the Federal Trade Commission that it lured consumers into paying thousands of dollars in upfront fees to reduce their credit card debt - but in many bases left them deeper in debt.
August 23 -
After months of wrangling, the Federal Reserve Board’s decision to cap debit card interchange rates may have seemed like the final word. The reality, however, appears more complex.
August 23 -
Bank of America Corp. has agreed to pay $5 million to settle a dispute with San Francisco’s city attorney over the card issuer’s former use of the National Arbitration Forum to settle cardholder disputes, the two sides announced Aug. 23.
August 23 -
A federal judge says the Federal Deposit Insurance Corp. can't dodge a $10 billion lawsuit over the toxic remnants of Washington Mutual Bank.
August 23 -
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



