Topic: Regional Banks and Savings Institutions
Regulators shut 7 banks in 5 states; 37 in 2010
AP News
Regulators shut banks in Alabama, Georgia, Minnesota, Ohio and Utah; makes 37 this yearRegulators on Friday shut down seven banks in five states, bringing to 37 the number of bank failures in the U.S. so far this year. The closings follow the 140 that succumbed in 2009 to mounting ...
Former National City Bank debit accounts hacked
AP News
PNC Bank: National City Bank debit accounts hacked, hit with fraudPNC Financial Services Group Inc. said Thursday it is investigating a breach of accounts affecting former National City Bank customers and their debit-card accounts. The affected accounts are restricted to the Cincinnati area, and current PNC Bank customers are not ...
9 bailed-out banks report declines in new lending
AP News
New lending at 9 bailed-out banks plummets in January, but overall loan balances rise modestlyThe Treasury Department said Monday that new lending plummeted in January at the nine largest banks that have yet to repay their taxpayer bailouts. Treasury's monthly survey of bank lending shows overall new loan origination ...
WaMu reaches settlement with JPMorgan, FDIC
AP News
Washington Mutual resolves disputes with JPMorgan, FDIC over $4B in deposit assetsWashington Mutual Inc. has tentatively resolved disputes with JPMorgan Chase & Co. and the Federal Deposit Insurance Corp. over some $4 billion at issue in the bank holding company's Chapter 11 bankruptcy, a WaMu attorney said Friday. The ...
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