Last week, investors anxiously awaited earnings announcements from both banking giants Goldman Sachs (GS) and Morgan Stanley (MS). These reports......
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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.
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OTS Official Accused of Backdating IndyMac Capital Infusion
From the WSJ: OTS Let IndyMac Backdate Infusion The Treasury Department's inspector general is probing the Office of Thrift Supervision for...
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Regulator in IndyMac case gets reassigned
WASHINGTON -- A key senator yesterday questioned regulators' approval of a backdated cash infusion for IndyMac, a big thrift that failed in July...
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CIT Is Approved to Convert Into Bank
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Financial Roundup: Backdating IndyMac, Banks Mum on Bailout, ATM Marketing and More
Regulator let troubled bank backdate records — Darrell Dochow, top West Coast official of The Office of Thrift Supervision, has ben reassigned...
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PNC, National City shareholders approve merger
PITTSBURGH — Shareholders of PNC Financial Services Group Inc. and National City have approved a merger of the two banks. Shareholders voted on...
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Sale of IndyMac appears imminent
The long-awaited sale of IndyMac Bank may be announced as early as Wednesday. The Federal Deposit Insurance Corp. has been looking for a buyer, or...
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- Banks Failing at Fastest Rate Since S&L Crisis
- Sun Life Doing Robust Business in Variable Annuities
- Zions Bancorporation: Shareholder Confidence Runs High, But The Worst Is Not Over Yet
- Will Sun Life President Boscia Pay a Call on His Former Company?
- Midsize Banks Have Worst Credit
- Is Manulife Stock 'Depressed?' Ask the Lady in the Bikini
- AIG: Help Wanted, But Will Anyone Apply?
- State Farm Is Warming Up to Florida
- Underrated: S&P, Moody's, Fitch ... and PIMCO
- Geithner's Not Going
- Barney Frank Aide Blasts Media Report Alleging Lack of Progress on Financial Reform
- Goldman Sachs, Shareholders Just Can't Get Along
- Geithner: Guilty Until Proven Innocent in AIG Debacle
- ECB President Cautions Interest Rate Hike, But Banks Are Ill-Prepared
- As Income Mobility Falls, American Dream Fades
- Lawmakers Push Bill to Monitor Fed Lending Programs
- Eugene Fama Drinks His Own Brand of Kool-Aid
- Roubini Warns of New Financial Crisis
- Ex-Wells Fargo Loan Officer Details Shady Practices
- Bank of America, JPMorgan Chase are too Late in Moving to Curb Overdraft Fees
- Civil Rights Group Teams With Wells Fargo Despite Charges of Predatory Lending
- State Farm CEO Rust: Effective But Not Greedy
- As Income Mobility Falls, American Dream Fades
- Creative Destruction and the new Money Trust
- Geithner Deal With Wall Street Over AIG Swaps Cost Taxpayers $13 Billion
- Civil Rights Group Teams With Wells Fargo Despite Charges of Predatory Lending
- Senator Dodd Is Saving Lenders From Themselves
- Citigroup Hit With Huge Credit Loss
- Private Equity Firms About To Gear Up The Small Banking Sector
- Analyst: Banking Industry Risks "Implosion"





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