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Afghanistan says will deal with IMF crisis after summer holiday

Afghanistan said on Sunday it won't be able to address a key International Monetary Fund concern over a looming cash crisis, sparked by a corruption scandal at a failed bank, for more than a month because lawmakers are on holidays.

 

Iceland minister resigns as government reels

Iceland's Minister of Business Affairs Bjorgvin Sigurdsson resigned Sunday, three months after the collapse of several of the country's leading banks and its stock market.

 

FDIC Says 1st Centennial Bank Closed

The FDIC announced 1st Centennial Bank of California was closed by the California Department of Financial Institutions.

 

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