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“If only the Arabs had shown up when we had the savings and loan crisis.” George Feiger, CEO of Contango Capital Advisors, the wealth-management arm of Zions Bancorporation, on the value of Mideast sovereign-wealth funds in bailing...

Raising conforming loan limits for Fannie Mae, Freddie Mac and the Federal Housing Administration banks that was spelled out in the recently passed Economic Stimulus Act eventually should help return liquidity to one part of the housing...

Bank of America said that David Sambol, president and COO of Countrywide, will lead the BofA consumer-mortgage business when the acquisition is completed. Card-services executive Bruce Hammonds becomes global consumer- credit executive....

#. Pittsburgh-based Iron & Glass Bank was bought by FNB Corp in a cash-and- common-stock deal. Iron & Glass has eight branches and $### million in total assets. #. Prosperity Bancshares bought fellow Texas bank #st Choice Bancorp in...

The heads of financial-services firmsÂ’ compensation committees have a lot of explaining to do. Specifically, John Finnegan, CEO of The Chubb Corp., Harley Snyder, CEO of HSC, and Alan J.P. Belda, chairman and CEO of Alcoa. The trio...

Bankers may have gambled on the subprime market, but few took risk to this extreme: The Office of the Comptroller of the Currency has suspended the chairman of a $#.# billion-asset Pennsylvania banking company who faces perjury charges...

The Securities and Exchange Commission is not known for being fleet of foot, but the agencyÂ’s foot-dragging over allowing domestic public companies to use International Financial Reporting Standards is downright glacial. How many decades...

The payoff from reducing identity-theft crimes through electronic channels has had some surprising twists. A new study from Javelin Strategy & Research found a continuing overall decline in fraud numbers and victims in the U.S., which...

The Internet continues to pose new marketing challenges for financial institutions, and is at the center of a changing debate over the relative merits of two different approaches to search-engine marketing. Should a bank opt for the...

For its first swing at IRA advertising, Bank of America is placing a $## million bet that simplicity will soothe wary consumers who still find these retirement investment instruments overwhelmingly complex. “IRAs don’t have to be as...

Money has no color, no gender, no race, no ethnicity, no nationality. Merrill LynchÂ’s John Thain and CitigroupÂ’s Vikram Pandit know this, and have embraced the stabilizing influence of sovereign wealth funds in a time of crisis. Deftly...

Sovereign Value Target Fund of investment (BilLions) Bank Singapore $#.## (up to ##.#% stake) UBS Abu Dhabi $#.# (#.#% stake) Citigroup Singapore $#.# (#.#% stake)...

ItÂ’s a hostile merger and acquisition world out there and the depressed bank and thrift market has not been spared. M&A deal activity for banks and thrifts totaled a respectable $##.# billion in ####, compared with $###.# billion in...

Bank & Thrift Mergers in #### Ranked by announced deal value # Goldman, Sachs & Co. # ##,###.## # Morgan Stanley # ##,###.## # Lehman Brothers Inc. ...

Announced Total Deal Value Rank Firm Deals (In millions) MIDWEST # Banc of America Securities # $##,### – Goldman, Sachs # ##,### – Lehman Brothers # ##,###...

Pending and Completed Deals in #### Rank Buyer Target Announced Deal Value ($M) Completed Deal Value ($M) BuyerÂ’s Financial Advisors TargetÂ’s Primary Advisor SellerÂ’s Financial Advisor Fees ($###) # State Street ...

To start a community bank in a place like Manhattan, one had better find a way to stand out. Potential customers walk past a seemingly endless string of Bank of Americas and Chase Manhattans everyday. A community bank can easily get...

The subprime meltdown may not be all doom-and-gloom for Americans. The current crisis might just push U.S. consumers to once again become savers. ItÂ’s no secret that Americans arenÂ’t saving as much as they once did. According to the...

The U.S. Small Business Administration says that ## percent of the owners of the countryÂ’s six million small businesses are at least ## years old. That means the next two decades are a critical window for banks to help Baby Boomers...

When Ed Grebeck, CEO of debt-strategy firm Tempus Advisors, reads about a multi-billion-dollar bank bailout for insurers, he doesnÂ’t see a path to recovery. He sees the further enabling of damaging, co-dependent behavior among banks,...

Is funds-transfer pricing worthwhile? Community banks in high-growth mode often look to larger, more sophisticated banks to emulate their processes. Or, in some cases, the CEO has come from a large regional or national bank and is implementing...