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- The Health of Banks
- Harry Smith spoke with FDIC Chairman Sheila Bair about the agency's role in bank closings and whether their budget can handle the rise in bank closings predicted this year.
- Videos 2009-03-09
Additional Resources
- Bank Closings Open Doors For Informatica
- A total of 53 banks across the country have been shut down this year by regulators, but the customer accounts have of course survived. So accounts belonging to the Bank of Wyoming of Thermopolis, Wyo., closed by Wyoming banking regulators last Friday, are now the happy depositors of the Central...
- Blog posts 2009-07-12
- City & Suburban Federal Savings secures commercial loan closings
- City & Suburban Federal Savings Bank announced some new commercial loan closings for income-producing properties in New York City and Westchester County. "Here's more upbeat news for a downbeat economy," said Joe Laquidara, senior vice president and chief mortgage officer. "Our 'Fast-Track' financing system continues to capture some of...
- Research articles 2002-02-06
- Wichita, Kan.-Based Banks to Merge under Southwest National Bank Name.
- By Dan Voorhis, The Wichita Eagle, Kan. Knight Ridder/Tribune Business News May 14--Southwest National Bank of Wichita and Twin Lakes National Bank are merging and will take the Southwest name. There will be no job losses or branch closings, said Trish...
- Research articles 2004-05-14
- Bank One Plans Layoffs, Closings as Earnings Fall.(Knight Ridder/Tribune Business News)
- Jan. 12--Bank One said Tuesday that its earnings could fall as much as 19percent in 2000 as it tries to shore up its struggling credit-card business with a restructuring that includes closing some bank branches and laying off employees. Jan. 12--Bank One said Tuesday...
- Research articles 2000-01-14
- Buffalo, N.Y.-Based M&T Bank to Buy Harrisburg, Pa.-Based Bank.(Knight Ridder/Tribune Business News)
- May 18--Keystone Financial Inc., a Harrisburg-based bank holding company with $7 billion in assets, will be acquired by M&T Bank Corp., based in Buffalo, N.Y., for $1 billion in stock and cash. Because the companies' service areas do not overlap, no branch closings are...
- Research articles 2000-05-19
- Citi, Other Bank-Branch Closures, Spell Trouble for Retail
- Reports that Citigroup might close or sell a chunk of its 1,000 bank branches as part of its plans to scale down its consumer-banking business spells more bad news for the retail real estate industry. And a lot of this type of news is coming from...
- Blog posts 2009-09-25
- Bank Customers Eye Options in Wave of Industry Mergers
- NEW YORK _ For bankers, mergers mean fatter profits, more customers and bigger titles. Customers usually don't fare as well. For consumers, bank mergers can mean fewer choices when it comes to getting a loan, branch closings, higher fees and disruptions in service. ...
- Research articles 1995-06-27
- United Kingdom Bank Takeover Bid Sparks Fresh Fear of Branch Closings.
- Knight Ridder/Tribune Business News Sep. 26 -- High Street banking may be the real loser if Bank of Scotland's takeover of NatWest goes ahead. Experts say consolidation will speed up the wave of branch closures that already threatens one outlet in three....
- Research articles 1999-09-27
- HSBC Bank USA To Consolidate 21 Metro New York Branches
- Business Editors NEW YORK--BUSINESS WIRE--March 1, 2000 HSBC Bank USA plans to consolidate 21 metropolitan New York branches as a result of the merger with Republic National Bank of New York RNB, pending regulatory approval. All consolidations are expected to take place between July and October 2000....
- Research articles 2000-03-01
- Is Bank Lending Drying Up?
- From the executive summary: ‘In recent years, Federal Reserve Banks have found that banks are charging risky borrowers higher interest-rate premiums. At the same time, demand for loans declined as jittery companies were beginning a wave of layoff announcements, plant closings and overall tightening of their operations. Several domestic banks...
- White papers 2001-02-06
- LaSalle caught in bidding war; RBS bid could mean local layoffs, closings.(News)
- Byline: Tom Henderson Angry shareholders and a renewed takeover bid, the biggest in the history of banking, have put Chicago-based LaSalle Bank Corp. up for grabs, and whoever wins a bidding contest will determine whether there need to be layoffs Byline: Tom...
- Research articles 2007-04-30
- Federal Reserve Check-Center Closings Will Affect 160 St. Louis Jobs.
- By Patrick L. Thimangu, St. Louis Post-Dispatch Knight Ridder/Tribune Business News Feb. 12--The Federal Reserve's plan to close five regional check-processing centers will affect about 160 employees at the Federal Reserve Bank of St. Louis. Joe Elstner, a spokesman...
- Research articles 2003-02-12
- Chicago-Area Residents Voice Concerns over Takeover of Bank One at Hearing.
- By Leon Lazaroff, Chicago Tribune Knight Ridder/Tribune Business News Apr. 16--NEW YORK -- Worries about predatory lending, branch closings and the marginalization of low-income neighborhoods topped the list of concerns voiced Thursday at the first of two hearings designed to give...
- Research articles 2004-04-16
- M&T Bank hopes $165 million in deposits will stay in the vault
- M&T Bank Corporation's purchase of Allfirst Financial Inc., which has been completed, will result in seven branch closings in the southern Cumberland Valley-five in Franklin County and two in Washington County. The names on the remaining Allfirst branches will be changed in July. Together, the seven branches to be closed...
- Research articles 2003-06-01
- Roads along West Bank closed to Palestinians.(WORLD)
- Byline: Abraham Rabinovich, THE WASHINGTON TIMES JERUSALEM - Sections of the main road running along the spine of the West Bank hills were closed off to Palestinian traffic yesterday, and Israeli officials portrayed this as the first step in a long-range plan to separate...
- Research articles 2005-10-20
- Loan Marketplace Heats Up with Recent Closings
- Business Editors BankXchange tm, the new loan-trading marketplace established by Bridger Commercial Funding, has just closed two more commercial real estate loan sales totaling $7.8 million, the company announced today. In both instances, the loans sold within 10 days, and for above-par prices. One bank sold a $5.8 million...
- Research articles 2002-06-25
- Diedrich to absorb charge after Gloria Jean's closings
- IRVINE, CALIF. -- Diedrich Coffee Inc. expects to take "substantial" noncash charges related to the closing of 39 Gloria Jean's units and other operating shortfalls in the Gloria Jean's division for its fourth quarter and fiscal year ended June 28. Diedrich expects to record a "substantial loss" for both periods....
- Research articles 2000-07-10
- The Good News: Bank Profits, Productivity and Less Capacity
- You may think that news about banks and company closings can't be good. But some of the news around these two topics is good. And that's great news for the long term. by Larry Swedroe
- Blog posts 2009-04-20
- Cable Satisfaction International Inc. Completes Closings of $75,000,000 Equity Financing.
- MONTREAL, QUEBEC, JULY 31, 2001 Cable Satisfaction International Inc. ("Csii") announced today that it has closed its public offering of 9,375,000 subordinate voting shares at a price of $4.00 per share, for an amount of $37,500,000. The syndicate of underwriters was jointly led by...
- Research articles 2001-07-31
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