U.S. thrifts only half through down credit cycle-OTS - Forbes
Story date: 2008-08-27 11:09:00
Added on: 2008-08-29 02:06:57
WASHINGTON (Reuters) - The U.S. savings and loan industry set aside a record $14 billion for bad debt provisions in the second quarter, amid predictions from its regulator that thrifts are only halfway through the credit crisis. Industrywide, the ...
Read more...
Related Stories:
-
Stock Market Update - Mon Oct 22 14:30:01 EDT 2007
Reuters - The insurance brokers industry (+4.0%) is pacing the sector's advance. The thrifts & mortgages industry (-.5%) is the main laggard...
2007-10-22 11:40:00 -
Rising defaults pound profits at nation's banks and thrifts
Seattle Times - That's the highest level of noncurrent loans at U.S. thrifts since 1993, with most of the problems in home...
2007-08-23 07:19:00 -
Mortgage woes hit Downey Savings & Loan - Los Angeles Times
When banks were failing in the 1980s, federal regulators turned to Downey Savings & Loan, a quietly successful, conservative Orange County institution,...
2008-07-24 07:24:00 -
UPDATE 2-UK set to nationalise B&B bank, may sell savings - Reuters
LONDON, Sept 28 (Reuters) - Britain's government will nationalise troubled mortgage lender Bradford & Bingley (BB.L: Quote , Profile , Research ,...
2008-09-28 07:39:00 -
Thrifts have $4 billion third-quarter loss: OTS - MSN MoneyCentral
WASHINGTON (Reuters) - U.S. savings and loan losses and provisions for soured loans declined in the third quarter, the industry's regulator said...
2008-11-20 02:31:00 -
Turmoil stokes savings rates
Reuters UK - LONDON (Reuters) - A war in the savings market has intensified, amid a global credit crunch that has hit...
2007-09-28 03:26:00 -
Turmoil stokes savings rates, dents confidence
Reuters UK - LONDON (Reuters) - A war in the savings market has intensified, amid a global credit crunch that has hit...
2007-09-27 01:07:00 -
U.S. thrifts' loss second largest (Detroit News)
WASHINGTON -- U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad...
2008-08-27 10:20:00