Information on Banks in the US
(Current Quarter is Online)
Next Update is in March 2008. This site was last updated on 3/9/2010.

Fitch holds negative outlook for most US banks (AP via Yahoo! Finance)
Tue, 09 Mar 2010 20:01:17 GMT
Fundamental financial performance for the U.S. banking sector will remain generally weak throughout most of 2010, but broad downgrades are unlikely, Fitch Ratings said Tuesday.

Failed US banks may get pension-fund backing as FDIC seeks cash (Brisbane Times)
Mon, 08 Mar 2010 20:09:21 GMT
The Federal Deposit Insurance Corp. is trying to encourage public retirement funds that control more than $US2 trillion to buy all or part of failed lenders, taking a more direct role in propping up the banking system, said people briefed on the matter.

Bernanke’s Dilemma: Hyperinflation and the US Dollar (GoldSeek.com)
Tue, 09 Mar 2010 21:13:26 GMT
Ben Bernanke, Chairman of the US Federal Reserve, faces a Sisyphean task because US banks are experiencing debt deflation and, because lending is now at much lower levels, monetary deflation is encumbering the domestic US economy as existing debts continue to be serviced.

US banks on web service exports to open up Iran, Cuba (The Times of India)
Mon, 08 Mar 2010 20:48:05 GMT
Washington will allow technology companies to export internet services to Iran, Cuba and Sudan in a bid to exploit their libertarian potential, the New York Times reported late on Sunday.

More US banks collapse as failure count hits 26 (Business Times (Malaysia))
Sun, 07 Mar 2010 17:24:35 GMT
SAN FRANCISCO: Regulators shut banks in Maryland, Illinois, Florida and Utah, pushing the number of US failures to 26 this year and placing more pressure on the Federal Deposit Insurance Corp (FDIC) to dispose of a growing pile of toxic assets. The FDIC was unable to find buyers for two banks - Centennial Bank in Ogden, Utah, and Waterfield Bank of Germantown, Maryland, - according to statements ...

More US banks collapse as failure count hits 26 (Business Times (Malaysia))
Sun, 07 Mar 2010 18:14:04 GMT
SAN FRANCISCO: Regulators shut banks in Maryland, Illinois, Florida and Utah, pushing the number of US failures to 26 this year and placing more pressure on the Federal Deposit Insurance Corp (FDIC) to dispose of a growing pile of toxic assets.

US banks raise risk (eFinancial News)
Wed, 03 Mar 2010 12:26:30 GMT
Four of the biggest US banks have raised their daily value at risk over the last year, according to analysis of regulatory filings made by research firm CreditSights, although a "cautious" Citigroup bucked the trend.

Europe’s wealthy shun US managers (eFinancial News)
Mon, 08 Mar 2010 01:11:32 GMT
US banks might dominate the list of top wealth managers in the world in terms of assets under management but, for the most part, they have been unable to duplicate their size on the home turf abroad. Europe is where they have suffered the biggest headache, made worse by defections.

Reform takes on a national agenda | John Springford (MalaysiaNews.net)
Sun, 07 Mar 2010 10:35:32 GMT
Volcker rule " to get tough with US banks, after months of dithering. The rule, long advocated by Obama's leading economic wise man Paul Volcker, is intended to separate off the Main Street banking se...

4 more US banks face closure (Press TV)
Sat, 06 Mar 2010 06:57:28 GMT
Four more banks have been shut down across the United States, bringing the number of bank failures in the country to 26 since January.

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