A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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KEPR 19US banking industry posts highest quarterly profit since 2007Los Angeles TimesBy Jim Puzzanghera WASHINGTON -- The US banking industry posted a $35.3-billion profit in the first quarter of the year, its best performance since 2007, the Federal D...
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FDIC Sues JPMorgan, Citigroup, BofA Securities, Deutsche BankBloombergThe Federal Deposit Insurance Corp. sued JPMorgan Chase & Co. (JPM), Citigroup Inc. (C), Bank of America Securities and Deutsche Bank AG. (DBK) The FDIC sued in New York federal ...
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Regulators close small bank in Alabama, makes 24 US bank failures so far in 2012Washington PostWASHINGTON — Federal regulators have seized a small bank in Alabama, bringing to 24 the number of US banks that have failed so far this year. The Federal D...
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There’s a seminal moment in the 1987 movie “Predator” when Arnold Schwarzenegger’s character, facing a seemingly indestructible alien, finds its blood on a leaf and declares, “If it bleeds, we can kill it.” For Jamie Dimon, JPMorgan Chase & Co.’s announcement that it was taking a $2 billion loss on its trading activities was...
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Problem Bank ListFDIC shuts down 5 banks in 4 states, makes 22 US bank failures so far in 2012Washington PostWASHINGTON — Federal regulators have closed two banks in Maryland and one each in Minnesota, South Carolina and California, bringing to 22 th...
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Paul Volcker says Volcker rule too complicated
SINGAPORE | Wed Nov 9, 2011 7:52am EST
(Reuters) - The Volcker rule is too long and complicated and financial lobbyists are to blame, said the man who gave his name to the new regulation on bank trading....
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Troubled banks rise to highest level in 18 years
The number of banks at risk of failing made up nearly 12 percent of all federally insured banks in the final three months of 2010, the highest level in 18 years.
The Federal Deposit Insurance Corp said...
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By Heritage Ray FDIC leases almost 151,000 square feet in Schaumburg (Now here’s a growth business) The Federal Deposit Insurance Corp. has signed a short-term office lease for almost 151,000 square feet (more than half the building) in Schaumburg, Illinois to handle receiverships and asset sales for its growing roster of failed Midwestern banks.
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