U.S. watchdog 'vigilant' as bad loans leap 36%
Story date: 2007-08-23 11:37:00
Added on: 2007-08-23 13:35:03
National Post - WASHINGTON - The Federal Deposit Insurance Corp., the U.S. banking watchdog, said yesterday it is keeping a close eye on the health of the country's major banks after a huge leap in mortgage losses that led to a sharp drop in profits. The FDIC, which ...
Read more...
Related Stories:
-
Citigroup to buy Wachovia's banking operations (Orlando Sentinel)
In the latest byproduct of the widening global financial crisis, Citigroup Inc. will acquire the banking operations of Wachovia Corp. in a...
2008-09-29 08:51:33 -
Federal Deposit Insurance Corp. names Fannie Mae exec to consumer ...
CNBC - WASHINGTON - The Federal Deposit Insurance Corp. said Monday it named an executive with government-sponsored mortgage finance company Fannie Mae...
2008-01-07 01:26:00 -
Banking regulators take over IndyMac - Detroit Free Press
The Office of Thrift Supervision says it has closed mortgage lender IndyMac Bank. The banking regulator said Friday it has transferred IndyMac's...
2008-07-12 12:15:00 -
What bad banking news means to you
CNN - And the chairman of the Federal Deposit Insurance Corp and banking industry experts foresee many bank failures down the road....
2008-02-28 05:22:00 -
FDIC proposal would double insurance cost (The Daily Record)
Starting in April, the cost to Maryland banks to provide Federal Deposit Insurance Corp. coverage could easily double under a proposal by...
2008-10-07 04:21:28 -
FDIC report shows weaknesses in American banking industry (Small Business Times)
The annual report released today by Federal Deposit Insurance Corp. (FDIC) confirmed the gloom of the American banking industry, showing that profits...
2008-02-26 09:44:35 -
Americas Watchdog Urges All US Homeowners to Update Their Home Insurance Policy (PRWeb)
After a six-month study, Americas Watchdog and its Homeowners Consumer Center have just released results showing that most Americans are under insured...
2007-12-17 12:16:11 -
FDIC chief: Strengthen mortgage rules (Cape Cod Times)
WASHINGTON — The home mortgage market is in need of stronger rules to protect homeowners, the chairwoman of the Federal Deposit...
2008-02-22 11:03:25
