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2 Mar 2021, 5:42 pm by Sabrina I. Pacifici
Banking Policy Issues in the 117th Congress, March 2, 2021: “Over the past 14 years, banking has experienced significant events and changes and has regularly been the subject of policymaker initiatives and debates. [read post]
In the wake of Silvergate’s collapse, Silicon Valley Bank entering receivership and another bank following in SVB’s footsteps, startups and other companies directly affected by these events are struggling to manage their payroll and other obligations while credit facilities are frozen. [read post]
25 Aug 2009, 6:00 am
The bank that was founded in 1923 had 13 locations in Iowa and was the 22nd largest bank in terms of total assets at the end of the first quarter. [read post]
16 Jun 2021, 5:59 am
Our paper reinterprets the National Bank Act (NBA)—the organic statute governing the OCC and national banks—as a corporation law and analyzes the business of banking through a corporate law lens. [read post]
3 Mar 2009, 6:36 am
The Bank of Canada is now making plans for what to do once we do reach zero bank rate: Given the low level of the target for the overnight rate, the Bank is refining the approach it would take to provide additional monetary stimulus, if required, through credit and quantitative easing. [read post]
7 Jan 2013, 5:30 pm by malik
This was announced Monday, the bank will pay $3.6 billion to Fannie Mae and buy back $6.75 billion in loans that the North Carolina-based bank and its Countrywide banking unit sold to the government agency from Jan. 1, 2000 through Dec. 31, 2008. [read post]
7 Mar 2014, 5:30 pm by Malik W. Ahmad
This was announced Monday, the bank will pay $3.6 billion to Fannie Mae and buy back $6.75 billion in loans that the North Carolina-based bank and its Countrywide banking unit sold to the government agency from Jan. 1, 2000 through Dec. 31, 2008. [read post]
20 May 2014, 5:11 pm by Sabrina I. Pacifici
“This edition of the EBA Annual Report takes stock of the first three years of activity of the Authority which contributed to the repair of the EU banking system by promoting the cleaning of EU banks’ balance sheets and strengthening their capital position. [read post]
Last year was somewhat turbulent for bank M&A with activity in the market being driven from a variety of factors. [read post]
13 Jan 2010, 5:43 pm by Banking LawProf
The SEC has filed another suit against Bank of America, based on B of A's failure to disclose to its own shareholders the extent of Merrill losses B of A picked up in the government assisted acquisition which closed January... [read post]
29 May 2009, 10:22 am
FDIC's Quarterly Banking Profile for the first quarter 2009, released May 27, 2009, summarizes insured institution performance as follows: Net income for the first quarter of 2009 was lower than that posted for the first quarter of 2008 but significantly... [read post]
11 Jul 2018, 7:28 am by Jerry G. Sanchez
Allowing community banks to evaluate and adjust their loan-loss amounts using qualitative factors, historical losses and current systems has been essential to preserving the community banking model itself. [read post]
13 Dec 2008, 2:09 pm
From the Atlanta Business Chronicle, "Duluth-based Haven Trust Bank was seized by state and federal bank regulators late Friday, as the fifth failure in Georgia this year and the second in as many weeks. [read post]
3 Jun 2011, 8:24 pm by Peter Conti-Brown
It was a world with rampant counterfeiting, no central bank, no deposit insurance, no federal banking regulatory structure, and no federal bailouts. [read post]
3 Dec 2012, 6:29 am by BuckleySandler
This week the Supreme Court denied petitions for a writ of certiorari in two banking-related appeals. [read post]
2 Mar 2010, 5:39 pm by Lawrence Solum
Yet, a significant amount of regulatory intervention into fringe banking markets is premised upon the relationship between fringe banking and financial distress. [read post]