Archive for July, 2009
SEC makes ban on ‘naked’ short selling permanent
Tuesday, July 28th, 2009The Securities and Exchange Commission on Monday made permanent a rule designed to curtail abusive “naked” short selling. “The new rule, Rule 204, requires broker-dealers to promptly purchase or borrow securities to deliver on a short sale,” the SEC said. A temporary rule meant to curtail the practice was set to expire on July 31. [...]
update Bank Failures
Thursday, July 16th, 2009Bank of Wyoming Thermopolis WY 22754 July 10, 2009 July 15, 2009 Founders Bank Worth IL 18390 July 2, 2009 July 7, 2009 Millennium State Bank of Texas Dallas TX 57667 July 2, 2009 July 7, 2009 First National Bank of Danville Danville IL 3644 July 2, 2009 July 7, 2009 Elizabeth State Bank Elizabeth [...]
Liste der bankrotten US Banken 2009, bank defaults 2009
Friday, July 10th, 2009May America West Bank, Layton, Utah, with approximately $299.4 million in assets, was closed. Cache Valley Bank, Logan, Utah, has agreed to assume all deposits (approximately $284.1 million). (PR-63-2009) Citizens Community Bank, Ridgewood, New Jersey, with approximately $45.1 million in assets, was closed. North Jersey Community Bank, Englewood Cliffs, New Jersey, has agreed to assume [...]
Liste der bankrotten US Banken 2008, historical bank defaults 2008
Friday, July 10th, 2009December Haven Trust Bank, Duluth, Georgia, with approximately $572 million in total assets and $515 million in total deposits, was closed. Branch Banking and Trust Company, Winston-Salem, North Carolina has agreed to assume all deposits. (PR-134-2008)
The Big Bang : Standardized CDS Contract
Wednesday, July 8th, 2009on brokerbase.eu : The Big Bang : Standardized CDS Contract
Moody’s Outlook for French Banks Remains Negative
Tuesday, July 7th, 2009The fundamental credit outlook for the Frenchbanking system remains negative, primarily reflecting further likelydeterioration of the macroeconomic environment, says Moody’s InvestorsService in its new Banking System Outlook on France. Moody’s negative outlook for the French banking system expresses the rating agency’s view on the likely future direction of fundamental credit conditions in the industry over [...]