Institutional Risk Analytics

FDIC Ends April 2012 Closing Five More Banks

Dennis Santiago | Posted 04.28.2012

Read More: Dennis Santiago, Fdic, Institutional Risk Analytics, Community Banks, Bank Crisis, Bank Closures, Fdic Bank Closures, Money News

Like a wave of tornadoes touching down, the FDIC struck across the country on Friday shuttering five banks from coast to coast.

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Bank Closure in Dearborn: A Sad Ending for Fidelity's Long Struggle

Dennis Santiago | Posted 05.30.2012

Read More: Dennis Santiago, Sec, Fdic, Institutional Risk Analytics, Bank Failures, Dearborn Michigan, Nasdaq, Business News

The fatal combination of being on the outs with Wall Street and the atrophy of the size of the business proved insurmountable and culminated in today's failure.

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Spring Cleaning: U.S. Treasury Announces Dutch Auction; FDIC Closes Two More Ailing Banks

Dennis Santiago | Posted 05.26.2012

Read More: Tarp, Banking Crisis, FDIC Bank Failures, Institutional Risk Analytics, Bank Bailout, Business News

The FDIC closed two banks last Friday. Covenant Bank & Trust in Rock Spring, Georgia and Premier Bank in Wilmette, Illinois succumbed to long-time stresses.

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Chicago Takes a Hit From the FDIC as New City Bank Fails With No Acquirer

Dennis Santiago | Posted 05.09.2012

Read More: Dennis Santiago, Fdic, Institutional Risk Analytics, Bank Failures, Chicago, Business News

The FDIC closed the second bank of 2012 to fail with no acquirer today. South Michigan Avenue became the focus of Friday evening activities to shutter the $71 million institution.

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FDIC Bank Closures: The Devil Remains Down in Georgia

Dennis Santiago | Posted 05.02.2012

Read More: Dennis Santiago, Banking, Economic Recovery, Fdic, Institutional Risk Analytics, Failed Banks, Business News

The FDIC closed another bank in Georgia this week bringing the total to three so far in 2012. Global Commerce Bank in Doraville became the latest casualty of the bank clean up's march through the South.

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FDIC Bank Failures on Feb. 24 Include Rare "No Acquirer" Event

Dennis Santiago | Posted 04.25.2012

Read More: Banking, Dennis Santiago, Fdic, Economic Recovery, Institutional Risk Analytics, Failed Banks, Business News

It doesn't happen very often, but this week one of the two banks closed by the FDIC failed to find a buyer. Such failures have been rare events to date as the regulator resolves troubled institutions.

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Banking 2012: Maneuvering to Survive the Desert Landscape of Zero Interest Rates

Dennis Santiago | Posted 04.07.2012

Read More: Dennis Santiago, Credit Rating Agencies, Economic Recovery, Tbtf, Institutional Risk Analytics, Community Banks, Zirp, Bank Lending, Zero Interest, Lending Freeze, Fed Lending, Business News

Simply put, with zero interest rates pushing operating margins down to nothing, the only thing starving bankers have left to do to survive the drought is cannibalize the industry.

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Four More Bank Closures Mark the Week of January 27, 2012

Dennis Santiago | Posted 03.28.2012

Read More: Move Your Money, Dennis Santiago, Banking Crisis, Economic Recovery, Institutional Risk Analytics, Business News

The general pattern of the FDIC closing banks with weak operating characteristics and deepening asset quality troubles continues. The FDIC shuttered four additional banks today bringing the 2012 count to seven.

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FDIC Resumes Bank Closings

Dennis Santiago | Posted 03.21.2012

Read More: Dennis Santiago, Economic Recovery, Fdic, Bank Failures, Institutional Risk Analytics, Business News

The FDIC closed it's first banks of 2012 today. A total of three insitutions were shuttered by the regulator.

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Fixing the Economic Mess: It's Time to Stop Crowding Out Main Street

Dennis Santiago | Posted 10.05.2011

Read More: Economic Recovery, Institutional Risk Analytics, Bank Stress Tests, Banking, Economy, Business News

It's not like the United States doesn't have wealth. It's what we've done with all this money that's gotten us to the edge of a zombie apocalypse.

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Crunching the Bank Numbers for 1st Quarter of 2011

Dennis Santiago | Posted 07.26.2011

Read More: Fdic, Dennis Santiago, Bank Risk, Move Your Money, Mortgage Crisis, Quantitative Easing, Institutional Risk Analytics, Too Big to Fail, Business News

I've been staring at the summary statistics for the industry today and file the following observations for those of you entertained by how this is all playing out.

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"Big Fail" Pondering the Unthinkable

Dennis Santiago | Posted 07.24.2011

Read More: Move Your Money, Dennis Santiago, Fdic, Institutional Risk Analytics, Dodd-Frank, Bank Risk, Business News

The U.S. economy's deposits, assets and risk instruments remain concentrated in a very small number of large institutions. What if one of them, just one of them, collapsed?

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FDIC Bank Assessments Change on April 1st As Dodd-Frank Comes to Banking

Dennis Santiago | Posted 05.25.2011

Read More: Dennis Santiago, Bank Regulation, Dodd-Frank Act, Banks, Fdic, Institutional Risk Analytics, Business News

Come April Fool's Day, the free ride is over. The "base assessment amount" changes to a new formula. From now on it's the bank's total assets minus its tangible common equity (TCE) that determines the base amount.

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Why Bernanke's Problems Are Obama's

Christopher Whalen | Posted 05.25.2011

Read More: Freddie Mac, Economy, Fomc, Fannie Mae, Obama Administration, Bernanke Obama, Ben Bernanke, Obama, Institutional Risk Analytics, Fed Interest Rates, Federal Open Market Committee, Business News

In the wake of Institutional Risk Analytics' comment last week about the lack of ideas inside the Obama Administration for resolving the economic mess...

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Getting to Yes: Making Responsible Banking Work for Los Angeles, California and the Rest of "Main Street" America

Dennis Santiago | Posted 05.25.2011

Read More: Dennis Santiago, Responsible Banking, Tim Geithner, Richard Alarcon, Institutional Risk Analytics, Jerry Brown, Economic Recovery, Ben Bernanke, Bernard Parks, Sheila Bair, Los Angeles, Barack Obama, La Impact, Los Angeles News

The U.S. is a big country and D.C. isn't the only place exploring ways to find economic recovery formulae. Across the country, cities and states are beginning to chart independent paths to creating their own "islands of recovery".

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Mortgage Crisis Is 'Cancer,' 'Slow Wasting Process,' Analyst Says

The Huffington Post | William Alden | Posted 05.25.2011

Read More: Lehman Brothers, Securities, Economic Crisis, Bank of New York, Business News, Mortgage Crisis, Foreclosure, Institutional Risk Analytics, Great Depression, Christopher Whalen, Investors, Video, Business News

The foreclosure crisis is slowly killing the nation's economy, and the government has no idea what to do, analyst Christopher Whalen said on Bloomberg...

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Prolonged Housing Crisis Slows US Recovery

Barry D. Wood | Posted 05.25.2011

Read More: Foreclosures, US Economy, Aei, Imf, Housing Crisis, Nouriel Roubini, American Enterprise Institute, Goldman Sachs, Ubs, Unemployment, Home Prices, Institutional Risk Analytics, Recession, Business News

Professor Nouriel Roubini believes home prices will fall another 10% and that there is now a 40% chance that the economy will fall back into recession over the next 12 months.

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Keep a Watchful Eye on Banks From Your Mobile Phone

Dennis Santiago | Posted 05.25.2011

Read More: Iphone, Dennis Santiago, Blackberry, Bank Reform, Android, Third World America, Mobile Phones, Move Your Money, Systemic Risk, Institutional Risk Analytics, Technology News

There is need for independent ways to find banks and -- more important -- ask consumer choice questions about how they rate compared to their neighbors. Now you can do it on a handheld.

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Move Your Money: Bank Regulators Hold Hearings in Los Angeles

Dennis Santiago | Posted 05.25.2011

Read More: Bank Regulation, Dennis Santiago, Community Reinvestment Act, Congress, Fdic, Office of the Comptroller of the Currency, Office of Thrift Supervision, Move Your Money, Federal Reserve, Institutional Risk Analytics, Barack Obama, Richard Alarcon, Los Angeles News

These hearings that could improve the Community Reinvestment Act, the 1977 law designed to ensure banks remain connected to communities. Regulators decided it may be time to update how this law is enforced.

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After Bastille Day: Is There a Future for Big Banking?

Dennis Santiago | Posted 05.25.2011

Read More: James Kwak, Tbtf, Dennis Santiago, Institutional Risk Analytics, Simon Johnson, Bank Reform, Too Big to Fail, Move Your Money, Business News

As bank reform continues to grind through Congress something sorely lacking so far is concentration on safely managing down "points of risk" from Too Big Too Fail business models.

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The Business Side of Move Your Money: Innovation Needed

Dennis Santiago | Posted 05.25.2011

Read More: Move Your Money, Dennis Santiago, Institutional Risk Analytics, Business News

Whether it's a social statement or a cold calculation, businesses and non-profit organizations face unique challenges when contemplating moving their money.

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For Biggest Banks, Deposits Remain Sticky

Dennis Santiago | Posted 05.25.2011

Read More: JP Morgan Chase, Bank of America, Move Your Money, Dennis Santiago, Fdic, Institutional Risk Analytics, Wells Fargo, Citigroup, Business News

Despite the high intrigue of Washington politics and the grass roots displeasure across the nation, it remained business as usual for the big four banks as far as Main Street's deposits were concerned.

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How To Switch Banks - And Why You May Want To Move Your Money: MSNBC

msnbc.com | Bob Sullivan | Posted 05.25.2011

Read More: Community Banks, Institutional Risk Analytics, Banks, Move Your Money, Switching Banks, Ira, Business News

It turns out the breaking up with your bank is hard to do. In 2008, the Federal Reserve published a study around what economists call "switching cos...

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Bernanke Made A 'Pig's Breakfast' Of the Financial Crisis: Christopher Whalen (VIDEO)

Posted 05.25.2011

Read More: Institutional Risk Analytics, Yahoo Tech Ticker, Federal Reserve, Ben Bernanke, Bernanke Confirmation, Christopher Whalen, Ira, Bernanke Reconfirmation, Video, Business News

Did Ben Bernanke deserve to be named Time's "Person of the Year"? "Absolutely not," Christopher Whalen, managing director of Institutional Risk Anal...

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Christian Science Monitor: Mad About The Bailouts? Move Your Money

Christian Science Monitor | Posted 05.25.2011

Read More: Dennis Santiago, Bank Bailouts, Lending, Community Banks, Bailouts, Move Your Money, Institutional Risk Analytics, Banks, Treasury, Bonuses, Wall Street, Bank Bonuses, Tarp, Main Street, Business News

Mad about the bank bailouts? Had enough of huge bonuses and too-big-to-fail apologies? Take your money out. That's right. Take your checking and savi...

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