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Treasury program shrouded in secrecy

November 4, 2008 — 8:54am ET | By Jim Kim
We noted a while back that the Treasury Department faced a daunting task in choosing which securities to buy as part of the TARP. We suggested it would need lots of help. We can say the same for the... Read more...

Second TARP tranche: unintended consequences?

October 28, 2008 — 8:31am ET | By Jim Kim
The government is encouraging all banks that receive TARP funds to use the money and not just sit on it. Which is reasonable enough. But the deal for National City by PNC, which was made possible by... Read more...

Are we in for a spate of regional bank deals?

October 26, 2008 — 7:20pm ET | By Jim Kim
It seems like we've been predicting for a while now that more regional banks will be forced to merge. The real catalyst may be the availability of TARP funds. PNC's deal for National City--there had... Read more...

Will Barclays make a move for a U.S. firm?

August 19, 2008 — 9:12pm ET | By Jim Kim
That Barclays will buy a big U.S. bank is one of those standing rumors. They never seem to come true, but no one is quite willing to discount the idea altogether. As the credit crisis unfolded, many... Read more...

Regional banks sharing the misery

June 17, 2008 — 7:47am ET | By Jim Kim
Most of the headlines have focused on the global banks, the likes of Bear Stearns and Lehman Brothers. But regional banks and near-regional banks are suffering as well. The mortgage situation at... Read more...

Are there more secret agreements with feds out there?

June 11, 2008 — 7:46am ET | By Jim Kim
National City has confirmed that had entered two agreements with federal regulators that deal with capital, risk and other issues, reports the AP. The Wall Street Journal reported something like this... Read more...

ALSO NOTED: Citi analyst lowers estimates on banks again; BCE stock drops amid deal worries; and much more...

May 20, 2008 — 6:59am ET
Company News:> BCE stock drops amid deal worries. Article> Thomson-Reuters cuts jobs. Read more...

Bank merger deals not likely

May 19, 2008 — 6:59am ET
At a time when banks need huge capital injections, there's always a renewed focus on costs and efficiencies. You might have thought that such an environment would be ideal for some strategic mergers,... Read more...

ALSO NOTED: Merrill to return to profitability soon?; Rising level 3 assets to explode at top banks?; and much more...

April 22, 2008 — 6:59am ET
Company News: > Goldman Sachs underwriting for RBS. Article > National City to raise $7 billion. Read more...

More on private equity and banks

April 11, 2008 — 6:59am ET
Private equity funds traditionally have not had a lot of time for public investments (not enough control for them) and financial... Read more...