Bank M&A May Not Aid Small Investors
Bank M&A in the current crisis may come largely from blind pools of private investors looking to acquire failed banks.
09:02AM 11/13/09
BofA's Potential CEO List Gets Longer
Bank of America, judging by the latest round of media reports, is sorting through an ever more crowded field of candidates to take over as CEO when Ken Lewis departs at year's end.
01:47PM 11/12/09
Bank Buyout Boom Stalls Before It Starts
The rush of private equity dollars into the banking sector anticipated by some seems to have been stalled by the FDIC guidelines unveiled in August.
06:00AM 11/06/09
Florida's Weak Banks Get Even Weaker
There are only seven Florida banks with 'recommended' status by TheStreet.com, as the state suffers from bad real-estate loans.
09:36AM 10/14/09
BofA's CEO Search Gets Tougher
Bank of America's search for a new CEO could be complicated by new restrictions on executive salaries at financial firms in the works from pay czar Kenneth Feinberg.
09:14AM 10/06/09
Florida Banks' Loans Veer From Bad to Worse
While Florida has had relatively few bank failures, real-estate loans have been sunk by over-development.
03:00AM 07/31/09
Guaranty Financial on the Brink
Guaranty Financial Group warned its Guaranty Bank of Austin, with $2.1 billion in uninsured deposits, would 'not be able to continue as a going concern.'
02:46PM 07/24/09
FDIC Sketches Rules for Bank Deals
The FDIC laid out a set of basic guidelines for private investors that are interested in acquiring dozens of banks that are struggling or have failed.
05:14PM 07/02/09
Eighty-Nine U.S. Banks, Thrifts Lack Capital
Eighty-nine U.S. banks and thrifts lack required capital, according to newly released industry figures.
01:11AM 05/28/09
BankUnited Deal May Signal New PE Push
An investor consortium's $900 million deal for BankUnited last week is unlikely to be the last private equity deal in the space.
09:29AM 05/25/09
BankUnited: Final Nail in Option-ARM Coffin
BankUnited FSB's failure Thursday represented the last of the savings and loan institutions that forayed heavily into option-adjustable rate mortgages.
12:32PM 05/22/09
Regulators Shut Florida's BankUnited
The Office of Thrift Supervision says the bank 'was critically undercapitalized and in an unsafe condition to conduct business.'
06:20PM 05/21/09
Florida's BankUnited Fails, Will Cost FDIC $4.9B
BankUnited's failure marks 34th bank to close so far this year, will cost FDIC $4.9 billion
05:51PM 05/21/09
TD Bank, Ross Reportedly Bid for BankUnited
TD Bank Financial and a consortium of private-equity firms that includes billionaire investor Wilbur Ross have entered bids to acquire BankUnited Financial, a report says.
12:36AM 05/20/09
BankUnited Rises as Auction Nears Close
BankUnited shares swung wildly early Tuesday, as investors waited to learn the results of an auction to take over the struggling bank.
12:44PM 05/19/09
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