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27 Jun 2023, 6:31 am
Following the consecutive collapses of Silicon Valley Bank (“SVB”) and Signature Bank in March, other regional banks have been under pressure. [read post]
29 Mar 2018, 7:03 am by Mack Sperling
  Defendant KS Bancorp was the target of Plaintiff First Citizens, a much larger bank. [read post]
20 Dec 2008, 12:57 am
MatlinPatterson / Flagstar Bancorp S&C was at it again on another banking deal announced late on December 18. [read post]
27 Feb 2012, 7:17 am by Ted Allen
Princeton National Bancorp and Ferro Corp. have not sought to exclude USPX resolutions, proponents said. [read post]
31 Jan 2007, 5:30 pm
Bancorp, Comerica Bank, General Electric Capital Corporation, Storage USA, American Megatrends, Inc., Taylor Made Golf Company, Inc., Iron Grip Barbell Company and Fender Musical Instruments, Inc.Click here for full bio. [read post]
5 May 2010, 12:17 am
The group includes ABN Amro Bank NV, a unit of Royal Bank of Scotland Plc, Bank of America Corp., Bank of New York Mellon Corp., Citigroup Inc., Deutsche Bank AG, HSBC Holdings Plc, JPMorgan Chase & Co., US Bancorp and Wells Fargo & Co.Clearing House PetitionThe Clearing House yesterday also filed a petition asking the full court to reconsider the decision.Bloomberg, majority-owned by New York Mayor Michael Bloomberg, sued after the Fed… [read post]
16 Nov 2009, 1:11 pm by knowtification
Bancorp $29.23B Morgan Stanley $28.00B American Express Company $26.62B Citigroup Inc [read post]
16 Nov 2009, 1:11 pm by knowtification
Bancorp $29.23B Morgan Stanley $28.00B American Express Company $26.62B Citigroup Inc [read post]
24 Sep 2008, 1:23 pm
But this move, combined with a previous  CDO hit, reduced the bank’s tangible capital by $390M. [read post]
6 Jul 2009, 8:33 am by Jason R. Doss
. - $15 million Premiere Global Services - $12 million Rollins - $32 million United Community Banks - $9.6 million Post Properties - $9 million Aaron's Inc. - $4.1 million Lodgian - $3.9 million Fidelity Southern - $3.8 million Habersham Bancorp - $2.3 million Heritage Financial - $431,000 According to the Atlanta Business Chronicle article, the vast majority of these losses occurred in employee contribution plans, like 401(k) plans. [read post]
11 Feb 2010, 7:23 am by Kelly
Reports indicate that the bank was not able to get approval to offer more loans due to capital concerns. [read post]
23 Sep 2008, 10:52 pm
The agency had already been looking into allegations concerning Lehman and AIG.People familiar with the matter said that other companies under FBI investigation include IndyMac Bancorp Inc. and Countrywide Financial Corp., which has since been bought by Bank of America Corp.FBI Director Robert Mueller, testifying in Congress last week, pledged to ``pursue these cases as far up the corporate chain as necessary to ensure those responsible receive the justice they… [read post]
4 Oct 2007, 1:27 am
" New Deals Subscription Required Lawyers on Major Transactions Thursday, October 4, 2007 By Tyrone Richardson "Canadian-based TD Bank Financial Group has agreed to purchase New Jersey-based Commerce Bancorp Inc. for $8.5 billion in cash and stock. [read post]
25 Sep 2009, 7:17 am
He spent the past 10 months at Fifth Third Bancorp (FITB) where he was paid substantially less working for the private sector: $580K plus a $100K signing bonus when he joined the bank last November. [read post]
2 Oct 2007, 9:21 am
In other words, if he cleans up whatever mess he's made, even willful and reckless behavior may be forgiven.Similar kindness crops up in another deal Michelle Leder recently wrote about at Footnoted: President Richard Wohl's yummy contract with Indymac Bank (whose publicly traded holding company is Indymac Bancorp, Inc. [read post]
24 Feb 2012, 7:00 am by David Smyth
  The Miami Regional Office sued BankAtlantic Bancorp and its CEO, Alan Levan, for making misrepresentations about the bank’s loan portfolio and then using accounting tricks to conceal the misstatements. [read post]