Regions Financial Corporation

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Latest blogosphere posts tagged “Regions Financial Corporation”

• (JPM) U.S. Bank Failures Reach 133 in 2009

  
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  Regulators have shut down 3 more banks in Florida, Arizona and Kansas, pushing up U.S. bank failures to 133 so far this year. The struggling economy continues to weigh heavily on banks. This takes the total number of bank failures to 133, compared to 25 in 2008 and 3 in 2007. While the state of the economy is showing ...
  6 days ago

• ($JPM) U.S. Bank Failures Continue Higher

  
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  Regulators shut down 6 more banks including Cleveland, Ohio-based AmTrust Bank, the 4th largest this year; pushing up U.S. bank failures to 130 so far this year. Bank failures continue unabated as U.S. regulators on Friday shuttered six more banks, including AmTrust Bank of Cleveland, Ohio. The shutdown of AmTrust ...
  1 week ago

• (USB) U.S. Bancorp to Sell 3 Texas Banks

  
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  U.S. Bancorp ( USB ) announced on Wednesday that its lead bank, U.S. Bank National Association is planning to sell the three Texas banks that were recently acquired from the Federal Deposit Insurance Corporation (FDIC) as part of the acquisition of the banking subsidiaries of FBOP Corp. of Oak Park, Illinois. The ...
  3 weeks ago

• (JPM) Federal Deposit Insurance Corporation Fund in the Negative

  
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  In its quarterly report on the banks, issued on Tuesday, the Federal Deposit Insurance Corporation (FDIC) said that the deposit insurance fund used to protect customer accounts dropped by $18.6 billion during the third quarter of 2009 to a deficit of $8.2 billion, while banks earned only $2.8 billion as loan defaults ...
  3 weeks ago

• ($JPM) U.S. Bank Failures Hit 124 in 2009

  
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  U.S. regulators on Friday closed down Commerce Bank of Southwest Florida. Though there are some early signs of economic recovery, bank failures go on growing with rising loan defaults. This takes the total number of bank failures to 124, compared to 25 in 2008 and 3 in 2007. The weak economy continues to weigh heavily ...
  3 weeks ago

• (JPM) U.S. Bank Failures Rise to 123 in 2009

  
  Stock Blog Hub — Authority: 460
  Regulators shut down 2 banks in Florida and 1 in California; U.S. bank failures reach 123 this year. U.S. regulators on Friday shuttered two more banks in Florida and one in California. Though there are some early signs of economic recovery, bank failures continue unabated. This takes the total number of bank ...
  4 weeks ago

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