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August 18, 2008
Big Banks Tighten Standards
The nation’s largest banks have tightened their lending standards in all major loan categories in the past three months, the Fed reports.
July 25, 2008
Fed Economic Report Takes Somber Tone
There is little good news in the Federal Reserve’s latest
Beige Book assessment of the economy.
June 23, 2008
Bank Economists Expect Slow Growth
Expect slow growth to continue this year and into early 2009, the Economic Advisory Committee of the American Bankers Association warns.
June 16, 2008
Beige Book Revels Widespread Weakness
The Federal Reserve’s latest Beige Book reveals an economy that was generally weak in late April and May.
June 09, 2008
Bankruptcy Filings Soar
Filings of all types are up by more than 30 percent in one year.
June 02, 2008
Industry Earnings Down, More Trouble Ahead
The FDIC gave the industry a bad report card for the first quarter and warned of bigger problems ahead.
May 19, 2008
FBI Warns of Rebate Scheme
It was inevitable that the tax rebate plan Congress enacted earlier this year would fall victim to fraudsters in some fashion.
May 12, 2008
Big Banks Tighten More
The big banks that are included in the Fed’s survey of senior loan officers are tightening up on credit across the board.
April 21, 2008
Beige Book Paints Mixed Picture
Inflation pressures increase, but mortgage and housing markets are mixed.
April 14, 2008
Farm Banks in Clover
Despite trouble elsewhere, farm banks enjoy clear sailing.
April 07, 2008
Consumer Loan Delinquencies Up
If you’re looking for the next source of bad economic news, look no further than recent consumer credit delinquency figures.
March 31, 2008
Presidential Candidates Tackle Economic, Financial Issues
As the economy deteriorates, it becomes more significant in the Presidential campaign. The three leading candidates have all made major economic pronouncements recently.
Paulson: Financial World Changing Fast
The brave new world the Fed created when it stood behind Bear Stearns will be a lot different from the past. Treasury Secretary Henry Paulson warns of changes ahead for all financial institutions.
March 10, 2008
Beyond Mortgages: Bair Cites Other Problems
It’s not just mortgages that are giving the banking industry headaches. FDIC Chairman Sheila Bair sees three possible sources of future crises.
March 03, 2008
Bank Earnings Show “Golden Age” is Past
It’s not just the biggest banks whose earnings suffered when the housing bubble burst, judging from the FDIC’s quarterly report on industry earnings.
February 25, 2008
Housing Crisis Drives Thrifts into Red Ink
Housing’s crisis led directly to the $5.24 billion loss that the thrift industry posted for fourth quarter of 2007.
February 11, 2008
Banks Tighten Credit
Maybe we’re in a recession, maybe not. Either way, banks are severely tightening credit standards across the board.
January 28, 2008
Recession Chances 50/50, Bank Economists Say
A panel of bank economists has turned pessimistic about the economy. Meanwhile, home prices fall, adding to the gloom.
January 21, 2008
Recession, Inflation Dangers Increase
There’s a growing consensus that Washington needs to do something about the economy right away. But what?
December 03, 2007
Industry Results Head South
The good times are over for many banks, but not necessarily all.
Check Fraud Up, ABA Says
Attempted check fraud at the nation’s banks has more than doubled in the past three years, according to an American Bankers Association survey.
November 26, 2007
Thrift Profits Way Down
The party’s over for all types of financial institutions. Thrifts report weaker earnings.
October 22, 2007
Community Banks See Payment System Shift
Remote deposit capture, ACH services are increasingly part of community banks’ arsenal.
October 08, 2007
Banks Feel Economic Winds Changing
The forecast for the banking industry includes gusty weather.
October 01, 2007
Shared National Credits Up, Quality “Satisfactory”
The agencies annual report on shared national credits missed the turmoil of the last few months.
