Regulators, Financial Institution | featured news

Bank Failures Top 100 for '10

Bank Failures Top 100 for '10

Regulators closed six more banks around the country, marking the second consecutive year that more than 100 financial institutions have collapsed.

Senh: So it looks like smaller banks are failing, and then getting gobbled up by a bigger bank. It just looks like smaller banks are forced to merge with bigger ones.

 

Regulators Find That Banks Have Not Adjusted Pay Practices

Regulators Find That Banks Have Not Adjusted Pay Practices

A compensation review of 28 financial companies found that many of the bonus programs that economists said contributed to the financial crisis were still in place.

 

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