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The Credit Recovery at Taylor Capital Continues
A return to profitability likely this year. After that, meaningful long-term earnings growth...
By Thomas Brown,Posted 08/30/2010
Why Is OneUnited Bank Still With Us?
By the look of its balance sheet, Maxine Waters' favorite lender should have been put down by regulators long ago...
By Thomas Brown,Posted 08/11/2010
Higher Required Capital Won't Crimp Bank Lending?
That's what a handful of studies want you to believe. Don't buy it....
By Thomas Brown,Posted 08/05/2010
More articles below
The More We Read About Dodd-Frank, The Less We Like It
And we didn't like it much to begin with. Have you heard about "qualified martgages"?...
By Thomas Brown,Posted 07/26/2010
A Bankstocks.com Classic: How To Reform The Financial System
Our nine-point proposal...
By Thomas Brown,Posted 07/22/2010
The Dodd-Frank Bill: What People Are Saying
And why most of them are wrong, wrong, wrong...
By Thomas Brown,Posted 07/20/2010
What's Wrong With The Financial Reform Bill?
Everything. The Wall Street Journal counts the ways...
By Thomas Brown,Posted 06/28/2010
Bloomberg: HSBC Says Breakup May Force Banks to Move From U.K.  HSBC Holdings Plc, Europe’s biggest bank, and rivals including Barclays Plc and Standard Chartered Plc may be forced to move ...
TheStreet.com: Citigroup Continues U.S. Retail Makeover Citigroup (C) is simplifying its U.S. retail checking account offerings which means more choice for consumers ...
TheStreet.com: Banks Could See Boost as Reserves Released Following the Federal Deposit Insurance Corp.'s report on the banking industry's best quarterly earnings performance in ...
Arizona Republic: Phoenix-area homebuilders surviving slump One thing can be said with certainty about the Phoenix-area homebuilders still operating in 2010: They aren't buildingi ...
Boston Globe: Brokerage, ex-manager still sparring Oppenheimer & Co. warned its former Boston office manager and his lawyer in an e-mail not to ...
Philadelphia Inquirer: Developer-Citizens case: To be continued The acrimony in the $297 million legal battle between local developer J. Brian O'Neill and Citizens Bank, and ...
New York Times: Financial Crisis Panel Lends Sympathetic Ear to Lehman’s Ex-Chief In the nearly two years since Lehman Brothers filed for bankruptcy, its former chief executive, Richard S. Fuld Jr., has often seemed ...
Reuters: Lehman says two units need help to avoid failing Two struggling units of Lehman Brothers Holdings Inc (LEHMQ.PK), the bankrupt U.S. investment bank, need hundreds of millions of dollars in ...
N.Y. Post: Fuld: Uncle Sam saved everyone but Lehman Don't hold your breath for any mea culpas from Dick Fuld. With nearly two years to digest the ignominious collapse of the 158-year-old investment bank he oversaw, the ex-Lehman ...
L.A. Times: U.S. sues former execs of failed credit union WesCorp, alleging fraud Robert Siravo and Thomas Swedberg are accused of adding millions of dollars to retirement payouts for themselves and ...
Bloomberg: Beware Impossible Demands of Ultra-Rich Clients, Barclays Says  The world’s richest clients often come with “impossible demands,” push margins down and cause internal conflict with investment banking colleagues, said ...
Washington Business Journal: Old Line Bancshares to acquire Maryland Bancorp Bowie-based Old Line Bancshares Inc., the holding company for Old Line Bank, has agreed to acquire Lexington Park, Md.-based Maryland Bankcorp Inc., the holding ...
Baltimore Sun: Hull Federal Savings Bank placed under federal supervision Hull Federal Savings Bank, established in 1911 to cater to German and Polish immigrants settling in Locust Point, has been placed under federal supervision as it ...
Triangle Business Journal: Ocwen to close Raleigh HomEq office, lay off 242 West Palm Beach, Fla.-based Ocwen Financial is closing its HomEq Servicing location in Raleigh, putting the ...
Charlotte Observer: Panel sheds light on rescue of Wachovia Documents say regulators criticized bank's decisions, slow reactions. ...
Wall Street Journal ($): First Niagara, NewAlliance Merger Deal Draws Probe  Connecticut Attorney General Richard Blumenthal is probing First Niagara Financial Group Inc.'s $1.5 billion proposed acquisition ...
Wall Street Journal ($): J.P. Morgan Names CFO for Investment Bank  J.P. Morgan Chase & Co. promoted Tushar Morzaria to chief financial officer of its investment bank, to succeed ...
Wall Street Journal ($): Colonial Bank Parent Wins Bankruptcy Fight With FDIC  A federal judge has rejected the Federal Deposit Insurance Corp.'s claim that it is owed more than $900 million from the ...
BLOGGER: BANKS OPPOSE HONEST FINANCIAL REPORTING. REALLY?
Michael Shedlock writes: Virtually all the banks are against honest reporting. Wells Fargo is leading the pack because of all the nonperforming Pa...
Posted 09/02/2010 1:31 PM By Matt Stichnoth More>>
BERKOWITZ: BANKS' BALANCE SHEETS 'STRONGER THAN EVER'
Bruce Berkowitz, discussing his outlook for the financials, makes a lot of sense: And, for the last couple of years, companies have gone through...
Posted 09/02/2010 1:08 PM By Matt Stichnoth More>>
ANALYST: OBAMA SCAPEGOATING OF FINANCIALS MAY NOT HAVE BEEN SMARTEST MOVE IN THE WORLD
Jason Schwarz is not happy with how President Obama has treated the banks: Obama thought that he didn’t need the bankers, he thought that the cyc...
Posted 08/25/2010 3:22 PM By Matt Stichnoth More>>
ANGELO MOZILO, PUNCTILIOUS UNDERWRITER
Gretchen Morgenson is going to love this. Mozilo approved so many loans that fell outside company guidelines that at least one high-ranking Countr...
Posted 08/25/2010 2:17 PM By Matt Stichnoth More>>
RISING FAILURES A SIGN THAT WORST NOT OVER FOR BANKS? PLEASE.
Tony Abbate writes that “for banks, the worst is probably yet to come” because 1) bank failures are still rising, and 2) ARM resets are set to increas...
Posted 08/24/2010 1:02 PM By Matt Stichnoth More>>
VOLATILITY? NO, WE CAN'T HAVE ANY OF THAT
SunTrust buys back $750 million of its debt. From TheStreet.com: "There are two primary benefits for SunTrust - reducing our funding cost and redu...
Posted 08/24/2010 10:56 AM By Matt Stichnoth More>>
LET'S JUST SAY MILBURN DRYSDALE PROBABLY WASN'T HIS ROLE MODEL
The more one learns about Kevin Cohee, CEO of OneUnited Bank, the more wonders how in blazes he’s been given the keys to an FDIC-insured depository: ...
Posted 08/12/2010 10:56 AM By Matt Stichnoth More>>
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