(Reuters) - The U.S. government has filed three lawsuits against a group of large banks over losses on soured mortgage debt purchased by two small Illinois banks that failed in 2009.
May 21 (Reuters) - The U.S. government has filed three lawsuits against a group of large banks over losses on soured mortgage debt purchased by two small Illinois banks that failed in 2009.
The FDIC sues JPM , C , BAC , and DB in New York, acting as receiver for Strategic Capital Bank which claims $11M in losses in MBS-related losses. Post your comment!
WASHINGTON, May 18 (Reuters) - U.S. regulators closed Alabama Trust Bank of Sylacauga, Alabama on Friday, bringing the total number of closures this year to 24.
WASHINGTON, May 17 (Reuters) - Federal Deposit Insurance Corp Inspector General Jon Rymer is in discussions with the U.S. Securities and Exchange Commission about temporarily leading its embattled...
… Shares of the Selected Funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including possible loss of the principal amount invested. Item #4766 3 …
… allowed it to acquire the failed UCB from the FDIC in a very attractive transaction for the ..... West to acquire failed competitors in an FDIC -assisted transaction. These acquisitions ..... worth $24 per share. East West's recent FDIC -assisted transactions boosted its scale …
… assurance that the trends described here will continue or that the forecasts are accurate. Investment products are not federally or FDIC -insured, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including …
… Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested. Before investing …
… Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested. Special risks …