Tag Archives:Greece
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Greece: Planning The Bank Holiday

Greece: Planning The Bank Holiday
One of the largest banks to undergo this FDIC resolution process was Washington Mutual, which was closed by the Office of Thrift Supervision in September 2008. At the end of 2007, the bank had assets of $ 328 billion, deposit liabilities of $ 188 billion …
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Abacus Bank fought the law and won, but it came at a cost
… had fired a loan officer after it discovered during a closing that he had allowed the borrower to lie about her income. Senior executives canceled the closing and reported the incident to the bank's federal regulator at the time, the Office of …
Read more on Crain’s New York Business

Easier terms for Greece could open a can of worms in Europe – Greensboro

Easier terms for Greece could open a can of worms in Europe – Greensboro
… of worms. Ceding too much ground to Athens could ignite a broader political crisis by infuriating people in other bailed-out countries in the currency bloc which, unlike Greece, have obediently complied with the demands of creditors and largely …
Read more on Greensboro News & Record

UK trade deficit narrows in May as ship imports fall, April gap revised up
The Office for National Statistics also said construction output suffered its biggest monthly fall in more than a year in May, underscoring why the government is preparing to announce measures to boost home-building. The ONS said on Friday the goods …
Read more on Reuters UK