Posts Tagged ‘bank closures’

Thoughts On Banks From IRA

I just scanned Institutional Risk Analyst’s latest post and it has two pretty interesting comments. One pertains to their projection for bank closures/consolidations and the other to GMAC. With regard to bank closures they point out that the small and medium sized banks have not had the benefit of the subsidies extended to the large […]

Friday Failures: A Hat Trick For The FDIC

The FDIC (actually the state of Utah was involved in one) closed three banks today. The Utah bank was a big enough lemon that they couldn’t find anyone to pick up the pieces. From Market Watch, here are the details: Utah’s MagnetBank became the fourth bank failure of the year, and the Federal Deposit Insurance […]