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2 Jun 2011, 3:50 pm by Brian Baxter
The two firms have taken lead roles on Blackstone-backed BankUnited's acquisition of New York's Herald National Bank and a $180 million investment in First BanCorp by private equity firm Thomas H. [read post]
19 May 2011, 7:49 pm by Kevin Funnell
For this bank failure, the FDIC and Superior Bank, N.A., a newly-chartered bank subsidiary of Community Bancorp LLC, Houston, Texas, created to assume all of the deposits of Superior Bank, entered into a loss-share transaction on $1.84 billion of Superior Bank's assets. [read post]
15 May 2011, 7:52 pm by Kevin Funnell
More useful advice for directors was given in a recent op-ed piece in the American Banker (paid subscription required) by former FDIC Chairman (and current chairman of Fifth Third Bancorp., Bill Issac. [read post]
10 May 2011, 1:07 am
We previously reported on the jury verdict against BankAtlantic in the matter of In re BankAtlantic Bancorp, Inc. [read post]
7 May 2011, 6:37 am by G&A
(PNC), Sovereign Bank, SunTrust Banks Inc., and US Bancorp. [read post]
5 May 2011, 8:16 pm
Bancorp foreclosed on the borrower as trustee for C-Bass Mortgage Loan Asset-Backed Certificates, Series 6000-CB. [read post]
25 Apr 2011, 10:55 am by Mike Scarcella
” A sixth bank, Eagle Bancorp Inc., which is based in Bethesda, Md., would coordinate the disbursement of settlement money to class members. [read post]
23 Apr 2011, 4:42 pm
Bancorp, Capital One, Barclay’s Bank, Kroger, Best Buy Co., TiVo Inc., and Walgreens, reported in the last week of March that a hacker gained access to databases containing millions of customers’ names and possibly their email addresses. [read post]
23 Apr 2011, 4:42 pm
Bancorp, Capital One, Barclay's Bank, Kroger, Best Buy Co., TiVo Inc., and Walgreens, reported in the last week of March that a hacker gained access to databases containing millions of customers' names and possibly their email addresses. [read post]
Pacific Capital Bancorp (“PCB”), parent of Pacific Capital Bank, suffered losses in the real estate loan market that resulted in a write-down of its assets and was met with a series of banking regulatory orders which required that PCB raise capital. [read post]
15 Apr 2011, 7:50 pm
Several other mortgage servicers are included in the government's crackdown to improve internal processing methods, including: the GMAC unit of Ally Financial Inc., Aurora Bank FSB, EverBank Financial Corp., HSBC Holdings Plc, OneWest, MetLife Inc., PNC Financial Services Group Inc., Sovereign Bank, and US Bancorp also signed consent agreements with regulators. [read post]
14 Apr 2011, 7:05 am by Broc Romanek
Pacific Capital Bancorp ("PCB"), parent of Pacific Capital Bank, suffered losses in the real estate loan market that resulted in a write-down of its assets and was met with a series of banking regulatory orders which required that PCB raise capital. [read post]
6 Apr 2011, 7:40 pm by Kevin Funnell
That's correct: big bank acquirers like Bank United, OneWest, US Bancorp, and BB&T. [read post]
18 Mar 2011, 5:00 am by Tracy Taylor
Patel founded Horizon BanCorp (later changed to Haven Trust Bancorp, Inc.), a holding company for Haven Trust Bank (“Bank”). [read post]
18 Mar 2011, 2:02 am by Keith Paul Bishop
In this March 14, 2011 posting, I wrote about Oak Valley Bancorp’s unsuccessful attempt to exclude a shareholder proposal requesting that the bank’s board of directors take the necessary steps to provide cumulative voting in the election of directors. [read post]
14 Mar 2011, 7:49 pm by Kevin Funnell
A few weeks ago, when United Western Bancorp., on behalf of itself and its former subsidiary bank, sued the OTS for putting the bank into receivership, we said that the deck was stacked against the plaintiffs. [read post]
11 Mar 2011, 1:39 pm
Neither Wells Fargo nor US Bancorp made the loans for the homes. [read post]
21 Feb 2011, 7:40 pm by Kevin Funnell
United Western Bancorp has challenged regulators' seizure of its chief subsidiary, United Western Bank, in a lawsuit filed Friday in U.S. [read post]