Tweet
Re: Russia question?
Too bad banks there are collapsing left and right...
Too bad banks there are collapsing left and right...
-
-
Re: Russia question?
I'm sorry, which nation are you referring to? :eek:Originally posted by phirang
As usual, more talk than sense
- Meridian Bank, Eldred, Illinois
- Main Street Bank, Northville, MI
- Wachovia Bank
- Washington Mutual
- Ameribank, Inc., Northfork, WV
- Silver State Bank
- Integrity Bank, Alpharetta, GA
- Columbian Bank and Trust Company
- First Priority Bank
- First National Bank of Nevada
- First Heritage Bank N.A.
- IndyMac Bancorp Inc.
- First Integrity Bank
- ANB Financial
- Hume Bank of Hume, Mo.
- Douglas National Bank
Yes, Meridian is the 15th bank taken over by the FDIC in 2008, on October 10.
Then there are the UK failed banks:
- Royal Bank of Scotland
- HBOS PLC
- Northern Rock PLC
Comment
- Meridian Bank, Eldred, Illinois
-
Re: Russia question?
Originally posted by c1ue View Posthttp://www.reuters.com/article/rbssF...61060820081017On Friday, state bank VEB said it would buy mid-sized bank Globex, which had acute liquidity problems, for a symbolic amount. Globex would become the fourth bank among Russia's top 50 to be effectively nationalised by the state in the past weeks.
"More then 100 banks are looking for buyers. There will be a very big reshuffle," a senior Russian banker said this week.
This month the government has already bailed out three mid-sized banks, Svyaz, KIT Finance and Sobinbank.
Comment
-
Re: Russia question?
You bet - but what are the relative asset bases and losses?
Globex had $4B in assets
WaMu = $300B
Wachovia = $800B
Indymac = $32B
Silver State = $2B
First National = $3B
Mid-sized is all relative...Comment
Comment