China Bank Deal Might Have Saved $1.7B
U.S. regulators reportedly spurned an offer by a China-based bank to acquire UCBH Holdings, which later failed, costing taxpayers an estimated $1.7 billion.
08:59AM 11/16/09
UCBH's Failure Shaping Up as TARP Loss
The failure of California bank UCBH Holdings on Nov. 6 is likely to go down as the second loss of a TARP investment by the Treasury.
01:35PM 11/11/09
Standard & Poor's Makes Changes To Small-cap Index
Standard & Poor's to replace UCBH Holdings with Lumber Liquidators in SmallCap 600 index
06:29PM 11/09/09
New Bank Failures: Week of Nov. 9
Five new bank failures on Friday brought the total number of banks and thrifts shut down by regulators this year to 120.
11:59AM 11/09/09
Regulators Seize Five Banks Friday
The failed institutions include United Commercial Bank of San Francisco, the seventh largest bank to be seized during the 2008-2009 crisis.
11:12AM 11/07/09
Ailing California Still Has Strong Banks
California has suffered during the real-estate bust, but it still counts 15 banks that are in strong shape.
06:41AM 10/13/09
Deadbeat Banks Fail to Pay TARP Dividends
A total of 33 banks, with CIT Group being the biggest, missed payments to the Treasury in August.
09:42AM 10/09/09
Versar slid 3.5% Wednesday on above-average volume after the technical services provider said it was awarded $5 million in new contracts.
12:41PM 10/07/09
UCBH shares surged nearly 22% Wednesday on above-average volume after a report that a Chinese bank wants to increase its stake in the company.
10:52AM 10/07/09
China's Minsheng Seeks Control of UCBH
Minsheng Bank of China plans to seek U.S. regulatory approval to increase its stake in UCBH Holdings to at least 50% from 9.6%, a report says.
01:35AM 10/06/09
UCBH Stock Hit by Report on Loan Losses
UCBH Holding shares were falling Tuesday after the company reshuffled its executive ranks following an independent report that found it deliberately masked loan data and reached an agreement with regulators.
03:35PM 09/08/09
UCBH Ousts CEO, COO, Reaches Deal With Regulators
UCBH says CEO, COO resign as it reaches consent agreement with FDIC, California regulators
12:33PM 09/08/09
More Banks Fall Short of Capital Mandates
Three times as many U.S. banks and thrifts are undercapitalized compared to last year.
11:04AM 08/28/09
Financial Winners and Losers: Morgan
Financial stocks finished mixed Tuesday, with Morgan Stanley among the handful of losers despite word it would begin the repayment of government bailout funds Wednesday.
04:52PM 06/16/09
Banks, Thrifts Weaken on Bad Loans
Community banks' health has worsened, hurt by bad loans, a new report shows.
08:04AM 06/01/09
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