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American Banker back issues
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WASHINGTON PEOPLE.(Washington)(Federal National Mortgage Association's Franklin D. Raines, Leanne Spencer, J. Timothy Howard)(Federal Reserve Board's Ben Bernanke)(Mark Schmidt is retiring from Federal Deposit Insurance Corp.)
August 31, 2009... Byline: Steven Sloan, Emily Flitter and Rob Blackwell
Fannie Legal Saga
If Fannie Mae wasn't busy enough sifting through the wreckage of its once-proud business while operating under conservatorship, the government-sponsored enterprise is still diverting resources to executives from...
PacWest Raises Capital, Looks to Acquire Failures.(Market Monitor)(Pacwest Bancorp.)
August 27, 2009... Byline: Robert Barba
Though it already has a fat tangible common equity ratio, PacWest Bancorp in San Diego is piling on even more capital with an eye toward buying failed institutions.
The $4.5 billion-asset company announced late Tuesday that several institutional investors have...
PacWest to Play Offense With Infusion.(Market Monitor)(CapGen Financial)
September 3, 2008... Byline: Katie Kuehner-Hebert
Most banking companies in search of capital these days need it to absorb loan losses, but PacWest Bancorp in San Diego has far different plans for the $100 million it just raised: It wants to start buying banks again.
The $4.3 billion-asset company said...