Banking and Finance

Recent Posts

The Latest FDIC Failed Bank Lawsuit
Posted on 9 Jan 2012 by Kevin M. LaCroix

On December 29, 2011, in what appears to have been the final year-end step as the FDIC ramped up its failed bank litigation activity during 2011, the FDIC filed a civil lawsuit in the Western District of North Carolina in is capacity as receiver of The... Read More

FDIC: Number of Problem Institutions Remains at Record Levels
Posted on 26 May 2011 by Kevin M. LaCroix

According to FDIC's Quarterly Banking Profile, released on May 24, 2011 (refer here ), the pace of bank failures slowed during the first quarter. However, both the absolute and relative number of problem institutions continued to increase, albeit... Read More

FDIC Report Shows That Despite Improvement Problem Banks Persist
Posted on 30 Aug 2013 by Kevin M. LaCroix

The FDIC’s Quarterly Banking Profile for the second quarter of 2013, which the agency released on August 29, 2012, shows that the general positive trends in the banking industry are continuing, but revenue growth is weak and the low interest rate... Read More