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Posts Tagged ‘ bank ’

Unofficial Problem Bank list declines to 820 Institutions

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Unofficial Problem Bank list declines to 820 Institutions

Note: The first unofficial problem bank list was published in August 2009 with 389 institutions. The number of unofficial problem banks grew steadily and peaked at 1,002 institutions on June 10, 2011. The list has been declining since then. Here is the unofficial problem bank list for Feb 8, 2013. Changes and comments from...
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Unofficial Problem Bank list declines to 865 Institutions

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Unofficial Problem Bank list declines to 865 Institutions

This is an unofficial list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for Oct 19, 2012. (table is sortable by assets, state, etc.) Changes and comments from surferdude808: The OCC released its enforcement actions through mid-September 2012 and the FDIC got back to closing a few...
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Unofficial Problem Bank List and Quarterly Transition Matrix

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Unofficial Problem Bank List and Quarterly Transition Matrix

This is an unofficial list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for Sept 28, 2012. (table is sortable by assets, state, etc.) Changes and comments from surferdude808: FDIC released its enforcement action activity through August 2012 and closed a bank this week leading to many...
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Bank Failure #38: Second Federal Savings and Loan Association of Chicago, Chicago, Illinois

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Bank Failure #38: Second Federal Savings and Loan Association of Chicago, Chicago, Illinois

Second Federal Pillaged the Chicago way Illinois inept by Soylent Green is People From the FDIC: Hinsdale Bank & Trust Company, Hinsdale, Illinois, Assumes All of the Deposits of Second Federal Savings and Loan Association of Chicago, Chicago, Illinois As of March 31, 2012, Second Federal Savings and Loan Association of Chicago had approximately...
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Unofficial Problem Bank list increases to 931 Institutions

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Unofficial Problem Bank list increases to 931 Institutions

This is an unofficial list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for May 25, 2012. (table is sortable by assets, state, etc.) Changes and comments from surferdude808: As expected, this week the FDIC released the Official Problem Bank List through March 2012 and it enforcement...
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Unofficial Problem Bank list declines to 924 Institutions

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Unofficial Problem Bank list declines to 924 Institutions

This is an unofficial list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for May 11, 2012. (table is sortable by assets, state, etc.) Changes and comments from surferdude808: Only one change to report this week to the Unofficial Problem Bank List. A reader pointed out an...
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Bank Failure #23 in 2012: Security Bank, National Association, North Lauderdale, Florida

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Bank Failure #23 in 2012: Security Bank, National Association, North Lauderdale, Florida

Security Bank Once graceful on a tight rope Fell as gator chum by Soylent Green is People From the FDIC: Banesco USA, Coral Gables, Florida, Assumes All of the Deposits of Security Bank, National Association, North Lauderdale, Florida As of March 31, 2012, Security Bank, National Association had approximately 1.0 million in total assets...
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Bank Failure #13 in 2012: New City Bank, Chicago, Illinois

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Bank Failure #13 in 2012: New City Bank, Chicago, Illinois

“They built this City… … Playing corporation games Write us off the page” Excerpted by Soylent Green is People from M.Page, B. Taupin, D. Lambert, and P.Wolf. From the FDIC: FDIC Approves the Payout of the Insured Deposits of New City Bank, Chicago, Illinois As of December 31, 2011, New City Bank had .2...
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Unofficial Problem Bank list declines to 956 Institutions

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Unofficial Problem Bank list declines to 956 Institutions

This is an unofficial list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for Feb 17, 2012. (table is sortable by assets, state, etc.) Changes and comments from surferdude808: As expected, the OCC released its enforcement action activity through mid-January 2012 this week, which contributed to several...
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Morgan Stanley’s 1,600-person layoff continues bank downsizing trend

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Morgan Stanley’s 1,600-person layoff continues bank downsizing trend

Investment bank Morgan Stanley (MS: 14.98 -0.20%) is the latest financial firm to announce the elimination of hundreds of staff positions. Morgan Stanley (MS: 14.98 -0.20%) confirmed it's eliminating 1,600 staff positions globally in a reduction that will impact all job levels. In a statement, the firm said the cuts are coming as the...
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