Tag Archive | "Federal Deposit Insurance Corp"

International Banking

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,


International investments can be helpful in enhancing opportunities and expanding your business capacities. You’ll surely not receive these opportunities by sticking to your home town or domestic means of enhancing investments. When you make up your mind to go beyond the boundaries to enjoy globalization in investments, you have to make some pretty hard decisions for your funds. The first question in front of you to choose between whether you are to make your own researches or relying on some professional team to look after your funds. No matter what decision you make you have to see some important uncertain hazards of international banking that can come in you way of progress well.

 Bank account

Factors Involved In Hazards of International Banking:

There are few hazards to watch out in international banking. First factor that needs your attention in your indented investment country is its Economic & Civil condition. Country shouldn’t be facing a civil war shortly or sudden economy collapse.

Second important risk to avoid is to see the reputation of bank. If your bank tells you stories of corruption, defaulter ships & so, do not let them abolish your big investment dreams. Similarly also make a research on bank’s other services and involvement of government in financial crisis.

Read the full story

7 more U.S. Banks Are Seized, Year’s Failure Toll Raised to 140

Tags: , , , , , , ,


Regulators have seized seven U.S. banks. This has brought this year’s total of failed lenders to 140. The Federal Deposit Insurance Corp. excepts more shutdowns.

fdic

The FDIC said in statements on its Web site that Yesterday in six U.S. states banks having $14.4 billion in total assets were closed.

Two banks were closed in California. OneWest Bank has bought the assets and deposits of Federal Bank of California in Santa Monica. City National Corp. has bought the Imperial Capital Bank.

Read the full story

Regulators Close Four More Banks as Credit Crisis Deepens

Tags: , , , , , , , , ,


As credit crisis deepens, the pressure on regulators to safe guard depositor’s interest mounts further. In a recent move Four more banks have been closed by regulators, one each in states of Georgia, Michigan, Idaho and California. Total number of bank failures is now around 30.  Nearly $700 million USD will be paid from Deposit insurance fund by Federal Deposit Insurance Corp to protect depositors.

More on this story here