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New York Investigates Banks' Role in Fiscal Crisis

GRETCHEN MORGENSON The New York Times 05/16/2011
New York Investigates Banks' Role in Fiscal Crisis

The New York attorney general has requested information and documents in recent weeks from three major Wall Street banks about their mortgage securities operations during the credit boom, indicating the existence of a new investigation into practices that contributed to billions in mortgage losses.

Bank failure tally passes 100 for the year

A Minnesota bank was closed by government regulators Friday, the Federal Deposit Insurance Corp. said, bringing the total number of failed banks this year past 100.

Market Forces breaking news: Barclays profits may not impress the City

Barclays has kicked off a massive week for Britain's banks by reporting that it made pre-tax profits of almost £3bn in the first half of 2009 - not quite as much as the City had expected.

UK's Arbuthnot launches real estate fund management

LONDON, June 2 (Reuters) - UK financial services firm Arbuthnot Banking Group (ARBB.L) said on Tuesday it has launched a real estate fund management business, taking advantage of a massive downturn in the sector.

Associated Bank closes two new commercial real estate loans

The Minneapolis office of the Green Bay-based Associated Banc-Corp announced the recent closing of two commercial real estate loans totaling $9.5 million.

Bank on inflation and invest in real estate, says Li

"Superman" Li Ka-shing says real estate remains a good investment as inflation is inevitable, while stock investors should exercise caution.

U.S. real estate fund Redwood eyes bank-owned homes

NEW YORK (Reuters) - Redwood Real Estate Partners, Inc said on Wednesday it launched a fund to buy up to $500 million in distressed residential real estate amid an expected surge in bank-owned properties.

Bank Loans More Vulnerable to Commercial Real Estate Losses

In a new analysis, Moody’s explains why bank loans are more vulnerable to commercial real estate losses than mortgage securities backed by CRE or life insurance company CRE loans.

Bank of the West lays off commercial real estate lenders

James Dornbrook business journals 05/17/2009
Bank of the West lays off commercial real estate lenders

Bank of the West laid off its only two Kansas City-area employees handling commercial real estate lending as part of a plan to cut 300 to 400 jobs throughout the bank’s 19-state region.

Strippers For Russian Bank (New Banking Concept in Russia)

During this recession and world economic crisis times one Russian bank has got a new not so usual vacancy opened. This vacancy is female stripper.


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