Bank death watch


An inconvenient truth sobers thinking on weak state of US banking

Markets are not known for their consistency. Last night, the US market went up 148 points very quickly, then slid back into the red, only to close up 76 points.

Bank DeathWatch: four more lenders go to the wall

Glenn Dyer reports on the latest casualties from the beleaguered US financial sector.

Bankslaughter: should execs be found guilty?

Huffpo’s Ryan McCarthy wonders why bank executives can still expect to walk away with multimillion-dollar payouts when banks collapse on their watch.

Bank DeathWatch: chalk up another three corpses

So much for the green shoots and improving tone for America’s banks.

Germany: worst banking system ever

Most German banks are either broke or on life support.

Bank DeathWatch: Fifty-six fatalities and counting

A total of 56 US banks have now failed since the global credit crisis and recession erupted in 2007.

Bank DeathWatch: US credit unions rocked

The US financial crunch has taken another downward lurch with three more small regional banks being seized, closed or sold, writes Glenn Dyer.

Bank DeathWatch: US tops sweet sixteen

US bank regulators closed two more banks at the weekend, taking the number of failures so far this year to 16, writes Glenn Dyer.

Bank DeathWatch: lenders on the scrapheap

Four more small US banks were shut over the weekend, taking to 13 the number closed in the first seven weeks of the year, writes Glenn Dyer.

Bank DeathWatch: three more US lenders fail

As more US banks close, the much more stable Commonwealth Bank has issued a dividend warning, writes Glenn Dyer.

US bank bailout broke and busted

It’s now clear the Bush Administration’s attempts to bailout stricken US banks has been a waste of time, says Glenn Dyer.

Bank DeathWatch: US lenders go to the wall

Three small regional US banks were shut over the weekend, taking to six the number of failures in January, writes Glenn Dyer.