Articles About Big Banks
- Author:
- James I. Clark III
- Posted:
- 12.02.2010
The Fed Is Sending Big Banks Back to the Virtual Treadmill
The Federal Reserve is going to subject the nation’s 19 largest banks to a new round of stress tests to determine if they are healthy enough to pay dividends to their shareholders again. The Fed plans to use a conservative approach, applied with an even hand, on the nation’s largest and most complex banks. The […]
- Author:
- James I. Clark III
- Posted:
- 06.15.2009
Local Banks Facing Significant CRE Losses
Toxic commercial real estate loans could create losses up to $100 billion for small and mid-size banks by the end of 2010 if the economy worsens. According to a Wall Street Journal report – which applied the same criteria used by the federal government in its stress tests of 19 big banks — these institutions […]
- Author:
- Tom Silva
- Posted:
- 05.15.2009
Geithner: The Patient is Out of Intensive Care
It’s been a long, strange ride, but the nation’s financial system is finally starting what is certain to be an extended healing process. Treasury Secretary Timothy Geithner believes that “the financial system is starting to heal” as he promised to move returned bail-out funds to community banks that need help. Improved lending circumstances are tempering […]