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FDIC chair: deposits in nation's banks are safe
WASHINGTON - The head of the Federal Deposit Insurance Corporation says the nation's banking system is sound and Americans' deposits in banks are "overwhelmingly" safe.
Activities:2008 IndyMac Collapse Source:(AP)
2008-07-15
IndyMac taken over by regulators
WASHINGTON - Mortgage lender IndyMac Bancorp Inc (NYSE:IMB - News) was taken over by the Federal Deposit Insurance Corp on Friday, the second largest financial institution to close in U.S. history.
Activities:2008 IndyMac Collapse 2007 Global Credit Crunch
2008-07-11
Fortis shares plummet after massive cash call
THE HAGUE (AFP) - Fortis shares slumped more than 19 percent Thursday after the Belgian-Dutch bank announced plans to raise eight billion euros (12.5 billion dollars) to help it cope with the global credit crunch.
Nations:Belgium Switzerland Activities:2007 Global Credit Crunch Source:(AFP)
2008-06-26
Unicredit, shifting east, plans 9,000 job cuts in western Europe
MILAN (AFP) - Unicredit, Italy's biggest bank by capitalisation, said on Thursday it would cut 9,000 jobs in western Europe and invest in central and eastern Europe to boost profits following massive acquisitions.
Nations:Italy Ukraine Bulgaria Romania Source:(AFP)
2008-06-26
Customers grow dissatisfied with retail banks
A rise in fees has led to growing dissatisfaction with retail banks, J.D. Power and Associates said in a study released on Wednesday, adding that banks may be sacrificing long term growth in favor of short-term gains.
Nations:U.S.
2008-05-28
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Matches Shown: | 1-50 | 51-100
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