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Banking powers, specifically the power to accept demand deposits, should be limited by Congress to institutions qualifying for federal deposit insurance. Otherwise we face uncontrolled systemic risk from inconsistently regulated entities.
October 30
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ECB Bancorp (ECBE) in Engelhard, N.C., became a more-attractive seller after posting higher quarterly earnings.
October 30 -
PremierWest had to sell because it could not raise the "sizable" amount of capital it needed to go on, its CEO says.
October 30 -
Heartland Financial (HTLF) in Dubuque, Iowa, reported that third-quarter earnings more than tripled from a year earlier.
October 30 -
The Center for Responsible Lending said the companies settle only a fraction of the debts they set out to settle.
October 30 -
As Hurricane Sandy makes its way inland, bankers from Virginia to Maine are now focusing on post-storm crisis management. Payrolls for late October are a key concern.
October 30 -
Crescent Financial Bancshares in Raleigh, N.C., continued to narrow its losses during the third quarter.
October 30 -
After absorbing the OTS, the OCC abandoned a comprehensive and sophisticated approach to monitoring interest rate risk.
October 30
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State Bank Financial in Atlanta has named one of its founding shareholders and current board member as its vice chairman and president.
October 30
