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8 Jul 2009, 3:50 am
A U.S. government plan designed to rid banks' books of the troubled assets that exacerbated the financial crisis will do little to address a fundamental weakness of the industry or the economy, analysts say. [read post]
11 Sep 2009, 4:00 am
Ross and two of his partners have been granted preliminary approval by U.S. regulators to charter a new bank that would enable them to bid for failed institutions seized by the government, The Wall Street Journal reported. [read post]
18 May 2009, 4:29 am
Bancorp, two banks whose market values have fallen significantly. [read post]
14 Jun 2010, 4:02 am by By DEALBOOK
American International Group's U.S. government rescue spared European banks from raising as much as $16 billion in capital during the depths of the global financial crisis, according to a Congressional panel. [read post]
25 Sep 2009, 2:35 am
U.S. regulators say that the level of losses from syndicated loans facing banks and other financial institutions tripled to $53 billion in 2009, due to poor underwriting standards and the continuing weakness in economic conditions. [read post]
29 Jun 2021, 6:55 am by Associated Press
Recently freed from regulators' coronavirus restrictions, the largest U.S. banks on Monday announced plans to return tens of billions of dollars to their shareholders over the next year in the form of dividends and stock buybacks. [read post]
10 Mar 2009, 5:06 am
Bank (University of Cambridge - Faculty of Law and University of California, Los Angeles - School of Law) have posted Is Berle and Means Really a Myth? [read post]
10 May 2012, 12:53 pm
The Department of Housing and Urban Development recently announced a $25 billion settlement between the five largest banks in the U.S. to address mortgage loan servicing and foreclosure abuses. [read post]
28 Jan 2009, 9:53 am
Major U.S. banks are still hemorrhaging red ink, despite massive taxpayer aid, and President Barack Obama is under pressure to take a high-stakes political gamble -- asking for another bailout.Whether he would get one from a skeptical Congress is unclear, given the wide dissatisfaction with the first bailout, known as the Troubled Asset Relief Program, or TARP, a $700 billion fund to stabilize the banks and Wall Street.The political danger of backing another aid package… [read post]
24 Feb 2009, 7:41 am
The recent phenomenon relates to increasing calls from leading economists to nationalise troubled banks, particularly in the U.S. [read post]
16 Mar 2023, 1:57 pm by Kevin LaCroix
Earlier this week, securities class action lawsuits were filed against the recently failed U.S. banks, Silicon Valley Bank and Signature Bank. [read post]
6 Dec 2010, 12:34 pm by Jeffrey Andersen
The Banking Law Group at Dickinson, Mackaman, Tyler & Hagen, P.C. earned excellent placement in the inaugural U.S. [read post]
25 Aug 2014, 6:00 am by Alexa Astarita
The SEC announced a settlement in which Bank of America admits that it failed to inform investors during the financial crisis about known uncertainties to future income from its exposure to repurchase claims on mortgage loans.Bank of America also is resolving securities fraud charges that the SEC filed last year related to a residential mortgage-backed securities (RMBS) offering.Bank of America has agreed to settle the two cases by paying $245 million as part of a major global… [read post]
5 Mar 2015, 8:36 pm by Sabrina I. Pacifici
Available for download at SSRN: http://ssrn.com/abstract=2573320 “The rising delinquencies in the U.S. subprime mortgage market in 2006 and the succeeding collapse in housing prices had a considerably negative impact on the functioning of the European financial systems and the smooth operation of European economies. [read post]