FierceFinanceFierceFinanceITFierceSarbox   FierceCIO
Syndicate content

regional banks news from FierceFinance

Most Popular regional banks story
Related Tags preferred shares   TARP   National City   PNC
Tools

News

What should banks do with TARP funds?

October 28, 2008 — 7:00pm ET | By Jim Kim
All along, Treasury officials have been stressing that banks receiving TARP funds should be lending it. How else will the funds ease the credit crunch? Now, even the White House is telling TARP bank... 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...

Regional banks at risk due to GSE preferred stock

September 9, 2008 — 11:13am ET | By Jim Kim
The bailout of Fannie and Freddie has been a rank disaster for common shareholders of the two companies. They are clearly the big losers. The preferred shares are not as widely owned, but regional... Read more...

A look inside a struggling small bank

August 14, 2008 — 10:12pm ET | By Jim Kim
The headlines are dominated by the woes of big banks, the likes of Citigroup and Bank of America. But the most vulnerable banks of... Read more...

The pain of financial stocks gets worse

July 16, 2008 — 7:37am ET | By Jim Kim
Capital is the No. 1 need in the industry right. But where is it going to come from? According to the New York Times, Goldman Sachs has taken a look at 52 fund-raising efforts and found that... Read more...

Shareholders paying for banks' sins

June 23, 2008 — 9:28pm ET | By Jim Kim
Banks have been a capital raising binge as of late. Banks big and small are busy issuing more stock, of various types, and cutting their dividends--even as they look for big investors. Fifth Third... 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...

ALSO NOTED: Ambac takes $3 billion in charges; Microsoft has no plans to raise Yahoo bid; and much more...

April 24, 2008 — 6:59am ET
Company News: > Ambac takes $3 billion in charges. Article > SunTrust gets an upgrade based on valuation. Read more...