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The financial industry meltdown has been the worst since the great depression. BNET Financial provides daily industry trends and news coverage with insights for managers and executives about the major financial services companies in the banking and finance sector. In addition to detailed company profiles, we bring you industry analysis on new mergers, partnerships, financial products, rates, investments, capital, and a host of other critical factors of success in the finance business.

FDIC to Seize Colonial, Sell Assets to BB&T: Report

Reuters | 101 days 16 hours 29 minutes ago

(Reuters) - The Federal Deposit Insurance Corp is taking Colonial BancGroup Inc (CNB) into receivership and will sell the struggling lender's......

Read the complete story at Reuters

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