News tagged with “small banks”. Found:
8 tagged news reports.
Your Search Returned 8 tagged news reports
Small banks ignored, professor says
Dalton :: GA :: USA | 4 days ago
Credibility
Instead of giving all of the $700 billion bailout to heavy hitters such as AIG and Bear Stearns, the government should have helped smaller banks that could in turn loan money to small businesses, Donald Sabbarese said at the Carpet and Rug Institute’s...
Tags: Donald Sabbarese, small banks, Dalton, Milliken & Company, Sours, Bailout, Business Finance, Recessions, Late-2000s recession, Recession, Labor
Big California bank fails, has China branches
New York :: NY :: USA | 17 days ago
Credibility United Commercial Bank, a big San Francisco bank with branches in China, was closed by state regulators on Friday and its banking operations were acquired by East West Bancorp Inc, also active in both nations. East West said the transaction made it the...
Tags: Georgia, Gateway Bank of St., Kansas City, small banks, banks failures, Michigan, United Security Bank, Federal Deposit Insurance Corp., security banks, California
US regulators shut 3 more banks
Warren :: MI :: USA | about 1 month ago
Credibility The Federal Deposit Insurance Corp. has forced Warren Bank in Warren, Mich., and two small banks -- the Southern Colorado National Bank and Jennings State Bank -- to close on Friday...Despite talks of the recession 'bottoming out,' the rate of bank failures...
Tags: Warren Bank, warren banks, deposits insurance, federal deposits, Michigan, Minnesota, southern colorado, annual toll, Federal Deposit Insurance Corp., small banks
Putin says Russia can beat crisis
Moscow :: Russia | 7 months ago
Credibility He told the state Duma, or lower house, that a 3tn rouble ($90bn; £60bn) package of aid measures would help Russia survive the economic crisis. "What we can definitely and must say is that Russia will overcome the crisis," Mr Putin said. He said Russia...
Tags: Association of Russian Banks, Vladimir Putin, minister vladimir, prime minister, State Duma, small banks, trade union, Kremlin, Dmitry Medvedev, lower house
Small bank salaries fall as workforces grow
Niš :: Serbia | 8 months ago
Credibility In 2008 as in 2007, Union Bank had the highest average salary cost among the small banks, at NIS 312,700, or NIS 26,000 per month...The bank had 1,161 employees at the end of 2008, up from 1,120 employees a year earlier. Bank of Jerusalem had the second...
Tags: small banks, education minister, Elutex
Treasury releases rules for small banks to seek support from $700 billion bailout program
Washington :: DC :: USA | 10 months ago
Credibility The Treasury Department is finally releasing the rules that small banks will need to follow to seek support from the government's $700 billion financial rescue program. The department says the roughly 2,500 banks that are organized as S Corporations will...
Tags: bank, treasury, bailout, small banks, seek support, Treasury Department
Local banks fail in Illinois, Michigan
Washington :: DC :: USA | about 1 year ago
Credibility Two regional banks were closed by state regulators Friday as the downturn in the housing market continues to strain local lenders. A total of 15 federally-insured institutions have been closed so far this year...Main Street Bank's deposits will be transferred...
Tags: Illinois, Michigan, street banks, meridian banks, Meridian Bank of Eldred, small banks, deposit insured, Main Street Bank, Federal Deposit Insurance Corp., federally deposit
Banks set to report big losses
New York City :: NY :: USA | about 1 year ago
Credibility The Wall Street Journal July 7, 2008 Wall Street is bracing for regional and small banks to admit to large losses from their mounting volume of soured construction loans made primarily to home builders. According to the Federal Deposit Insurance Corp.,...
Tags: construction loans, wall street, small banks
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