Posted by Reuters: Business News on May 13, 2011
CHARLOTTE, North Carolina (Reuters) -U.S. bank failures in 2010 cost the Federal Deposit Insurance Corp $2 billion, or 9 percent, more than initially forecast, according to a new analysis by SNL Financial.
Posted by Reuters: Business News on May 24, 2010
NEW YORK (Reuters) -Stock index futures fell on Monday as a Spanish government bailout of a local bank refocused attention on Europe’s debt crisis that investors fear could derail a global economy.
Posted by Reuters: Business News on May 23, 2010
WASHINGTON (Reuters) – Washington Mutual Inc and the Federal Deposit Insurance Corp have reached a global settlement that will return $7 billion to the bank’s creditors, a critical step in the bankruptcy involving the biggest bank failure in U.S. history.
Posted by Reuters: Business News on March 30, 2010
WILMINGTON, Delaware (Reuters) – Washington Mutual Inc , the biggest bank failure in history, may have a second life after bankruptcy.
