Eight banks were shuttered by regulators Friday, bringing the 2010 tally of U.S. bank failures to 118.
Six of the eight failed banks were included in TheStreet’sBank Watch List of undercapitalized institutions, based on second-quarter regulatory data provided by SNL Financial.
The Federal Deposit Insurance Corp. found buyers for the deposits and branches for all of the [...]
Posts Tagged ‘Bankruptcy News’
Eight Banks Fail in Four States
August 22nd, 2010 by Financial Writer
Tags: bank of america, Bankruptcy News, banks, business, financial markets, financial system, wall street
more...Bankruptcy News
August 14th, 2009 by Financial Writer
1.4 Million Companies Could Go Under
U.S. bankruptcy filings rose 38 percent in April-June from a year ago, according to court data released on Thursday, as consumers and business were hit by rising unemployment and a lack of credit.
Overall, 381,073 bankruptcies were filed in the second quarter, up 15 percent from the first three months [...]
Tags: Bankruptcy News, California, Chrysler LLC and General Motors Corp, Florida, HAWAII, us