Monatsarchiv für August 2009
The largest of Friday’s three closures announced by the Federal Deposit Insurance Corp. was Affinity Bank, based in Ventura, Calif. Affinity, which had total assets of $1 billion, deposits of $922 million and 10 branches in Northern and Southern California as of July 10, will be taken over by San Diego-based Pacific Western Bank, the […]
The Federal Deposit Insurance Corp. said Mainstreet Bank had $434 million in deposits as of June 30. Stillwater, Minn.-based Central Bank has agreed to assume the failed bank’s deposits, the FDIC said.
Bradford Bank was closed by regulators Friday, marking the 82nd U.S. bank failure of 2009 as the credit crisis continues to claim victims. Bradford Bank, the second failure in Maryland this year, had $383 million in deposits as of June 30, according to the Federal Deposit Insurance Corp. Buffalo, N.Y.-based Manufacturers and Traders Trust Company […]
Lockhart said businesses seem likely to repeat their practice of the past two recessions and defer hiring until a pick-up in top-line demand is beyond doubt. The Fed is trying to decide when and how to exit from its extraordinary monetary policy measures and zero-interest rate policy. Exit too soon and the recovery may collapse, […]
The Federal Deposit Insurance Corp. said Thursday that the number of troubled banks rose to 416 at the end of June from 305 at the end of March. FDIC said this is the largest number of banks on its “problem list” since June 30, 1994, when 434 banks were on the list. Assets at troubled […]
Japan’s exports fell 36.5 percent in July from a year earlier as an emerging rebound in global demand lost steam, the government said Wednesday. In June, shipments from Japan posted their smallest decline in six months, helping drive the world’s second-biggest economy out of a yearlong recession in the April-June quarter. But the latest figure, […]
The company listed debts of $380 million and assets of just $45 million in its Tuesday filing in U.S. Bankruptcy Court in the Middle District of Alabama. A list of creditors holding the 20 largest unsecured claims shows that Bank of New York Trust Co. has a $253.7 million claim and Bank of New York […]
Angaben zufolge benötigt der Konzern zur Durchführung der Transaktion im Volumen von 7,4 Mrd. Dollar nun noch die Zustimmung der Europäischen Kommission. Die Aktionäre von Sun Microsystems hatten bereits am 16. Juli 2009 grünes Licht für die Akquisition gegeben.
• Die Vereinbarung sieht keine Zahlung vor. • Die Parteien werden bei Gericht umgehend beantragen, das Verfahren zur Durchsetzung des «John Doe Summons» einzustellen. • Die IRS wird ein Amtshilfegesuch gemäss dem bestehenden Doppelbesteuerungsabkommen zwischen den USA und der Schweiz einreichen. • Die Regierungen der USA und der Schweiz gehen davon aus, dass der Eidgenössischen […]