NEW YORK (AP) -- Pressure intensified on Citigroup to sell part or all of itself as its stock fell below $4 a share on Friday and fears escalated about future loan losses. CEO Vikram Pandit told managers earlier in the day he opposes breaking up the ...
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Nov. 22 (Bloomberg) -- Community Bank of Loganville, Georgia, was closed by a state regulator, the 20th U.S. bank seized this year as foreclosures rise and home prices extend declines in the worst housing slump since the Great Depression. Bank of ...
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Nov. 17 (Bloomberg) -- The U.S. Federal Reserve's emergency lending programs, intended to thaw commercial paper and money markets, are also helping banks limit losses from some of their $4 trillion in off-the-books guarantees and loan commitments. A ...
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WASHINGTON - Federal regulators on Friday shut down two big thrifts based in Southern California, saying they fell victim to the acute distress in the housing market in that state. The failures of Downey Savings and Loan Association, based in Newport ...
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WASHINGTON (AP) - U.S. regulators have shut down two banks based in Southern California, saying they fell victim to the acute distress in the housing market in that state. The failures of Downey Savings and Loan Association, based in Newport Beach ...
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WASHINGTON — Federal regulators on Friday shut down two big thrifts based in Southern California , saying they fell victim to the acute distress in the housing market in that state. The failures of Downey Savings and Loan Association , based in ...
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NEW YORK--( BUSINESS WIRE )--Fitch Ratings has taken the following rating actions on the U.S. residential mortgage primary servicer ratings for Washington Mutual Bank (WaMu), which are now serviced by JPMorgan Chase Bank, NA on the former WaMu ...
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