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Troubled loans, shrinking credit endanger U.S. recovery
News | www.theglobeandmail.com | 4 hours 9 minutes ago
Number of ‘problem' banks at 16-year high; FDIC head urges more lending to business
Ga. joins national crackdown on loan modification fraud
News | atlanta.bizjournals.com | 5 hours 21 minutes ago
Georgia bank regulators have joined federal authorities and officials from 19 other states in a crackdown of alleged mortgage modification and foreclosure relief schemes, officials said Tuesday.
BMO Financial Group F4Q09 (Qtr End 10/31/09) Earnings Call Transcript
Blog | seekingalpha.com | 5 hours 45 minutes ago
BMO Financial Group (BMO)Q4 2009 Earnings CallNovember 24, 2009 2:00 pm ET<a
Chinese banks seek capital after lending binge
News | business.timesonline.co.uk | 5 hours 44 minutes ago
China’s banking sector is poised for a huge 300 billion yuan (£26 billion) capital-raising effort to finance the hangover from its unprecedented year-long lending binge.
Superior Bank hires 60 mortgage employees
News | birmingham.bizjournals.com | 6 hours ago
The new mortgage employees will serve customers through the bank’s branches throughout the state and add support positions in Birmingham to help applicants through the mortgage loan process.
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Commercial real estate sales poised to hit $49B in 2009
News | sanjose.bizjournals.com | 6 hours 41 minutes ago
In Silicon Valley, 26 properties have been sold so far in 2009, for a total of $730.9 million. During the same time in 2008, 110 properties had changed hands for a total of $2.7 billion. The highwater mark for the valley was 2008, when $7.86 billion worth of commercial real estate was sold.
Southwest Bancorp, Inc. Declares Dividend on Common Stock
Press Release | www.prnewswire.com | 6 hours 54 minutes ago
STILLWATER, Okla., Nov. 24 /PRNewswire-FirstCall/ -- Southwest Bancorp, Inc. (Nasdaq: OKSB), parent company of Stillwater National Bank and Trust Company and Bank of Kansas, announces that a $0.0238 per share cash dividend on its common stock was declared for the fourth quarter of 2009.
AnchorBank hires executive for banking operations
News | milwaukee.bizjournals.com | 7 hours 9 minutes ago
Carlin will oversee general bank operations and customer service, while working closely with the bank’s commercial banking and cash management groups, Madison-based Anchor said Tuesday. Carlin joins the bank from Banner Bank in Walla Walla, Wash., and also has worked for U.S.
Reports: Buffet venture prevails in bid for Capmark
News | philadelphia.bizjournals.com | 7 hours 11 minutes ago
The venture between Buffet’s Berkshire Hathaway and holding company Leucadia National Corp, known as Berkadia, was selected over PNC’s Midland Loan Services of Overland Park, Kan. The final bid price reportedly was $468 million. Horsham, Pa.
FDIC’s List of ‘Problem’ Banks Grows 33% in Q309
News | www.housingwire.com | 7 hours 17 minutes ago
Banks and savings institutions insured by the Federal Deposit Insurance Corp. (FDIC) posted aggregate net income of $2.8bn in Q309 despite net quarterly losses reported by more than 26% of all insured institutions, according to the FDICs quarterly report on insured institutions.Provisions
