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Wednesday, March 10, 2010

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  • Another bank sues Rick Brunsman for loan default

     Another Tri-State bank has hit Cincinnati entrepreneur Rick Brunsman with a lawsuit seeking judgment for a debt that?s allegedly in default. The March 1 filing came a week after Hamilton County Common Pleas Court Judge Norbert Nadel, in a separate matter, approved a motion to appoint a receiver for Brunsman affiliate Cincinnati Technology Services LLC.

  • Economists leery of proposed big bank tax

     Earlier this year, President Barack Obama outlined his proposal for what the administration calls a ?financial crisis responsibility fee? and what most others have tabbed a ?big bank tax.?

  • 2009: Dearth of warm memories

     Last year was a year many dealmakers would like to forget, Association for Corporate Growth Chairman Dennis White said.

  • Milestone Partners locks up First Mariners Bancorp

     ST. DAVIDS ? Milestone Partners has a third-floor office in a building that features a swank jeweler and posh spa on the ground level.

  • FDIC might help banks bid on loans

     A plan is in the works that could potentially lessen the blow to some community banks from continued fallout from Georgia?s biggest bank failure.

  • Most local banks? earnings still bleeding red

     Eight of 11 community banks and one thrift based in Shelby County lost a combined $28.1 million in 2009 as they struggled with deteriorating loan portfolios and set aside more cash for future losses.

  • The best that can be said: Banks in region held steady during ?09

     RALEIGH ? On the traditional school grading scale, it was a year in community banking that probably earned a solid C?.

  • Georgia banks find new ways to raise capital

     Georgia banks are getting creative to net the capital they need in a wicked economy.

  • No recovery for most local banks

     The recession clearly didn?t end in the fourth quarter for most South Florida banks, as losses widened and falling real estate values punished their balance sheets.
Banking & Financial News - Banking & Financial News Headlines | Bizjournals.com 

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