Greece: Planning The Bank Holiday
One of the largest banks to undergo this FDIC resolution process was Washington Mutual, which was closed by the Office of Thrift Supervision in September 2008. At the end of 2007, the bank had assets of $ 328 billion, deposit liabilities of $ 188 billion …
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Abacus Bank fought the law and won, but it came at a cost
… had fired a loan officer after it discovered during a closing that he had allowed the borrower to lie about her income. Senior executives canceled the closing and reported the incident to the bank's federal regulator at the time, the Office of …
Read more on Crain’s New York Business