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Hedge fund suit threatens to delay Talbots deal
A hedge fund manager has sued to potentially delay The Talbots Co.'s pending private-equity backed merger , accusing the clothing retailer and its deal partner, BPW Acquisition Corp., of pressuring it to accept less-favorable terms for a previously agreed upon warrant-exchange offer.
baltimoresun.com Fri, 26 Mar 2010 15:56:53 +0000
2 Colorado banks sign FDIC consent orders
Two Colorado banks signed consent orders with the Federal Deposit Insurance Corp. in February, according to a monthly FDIC report released on Friday.
baltimoresun.com Fri, 26 Mar 2010 15:56:53 +0000
Restructuring swings CIB Marine to 2009 profit
CIB Marine Bancshares Inc. said it posted net income of $13.7 million in 2009 after recording an extraordinary gain of $54.5 million from completing its pre-packaged bankruptcy reorganization.
baltimoresun.com Fri, 26 Mar 2010 15:56:53 +0000
Four state banks get consent orders
Four more Georgia banks are under the oversight of federal and state regulators under recently issued "consent orders."
baltimoresun.com Fri, 26 Mar 2010 15:56:53 +0000
North Carolina banking commissioner lays out 'tall orders' for banks
North Carolina Banking Commissioner Joe Smith says that banks must increase their lending to small businesses, take a hand in restructuring the home finance industry and help consumers save more - all measures being needed for economic recovery.
baltimoresun.com Fri, 26 Mar 2010 15:56:53 +0000
Dolcevita condo in $34M foreclosure
The Dolcevita Luxury Oceanfront Condominium in Palm Beach Shores could wind up in the hands of the Federal Deposit Insurance Corp. and Starwood Capital.
baltimoresun.com Fri, 26 Mar 2010 15:40:09 +0000
Bank of the West names Citigroup exec president, COO
Bank of the West on Friday named Maura Markus president and chief operating officer.
baltimoresun.com Fri, 26 Mar 2010 14:37:48 +0000
Real estate boom-bust: Lessons learned
Lessons learned As you look back on the boom-and-bust cycles affecting the commercial real estate market in the past decade, what lessons have you learned and how will that affect decisions and plans for the future?
baltimoresun.com Fri, 26 Mar 2010 14:37:48 +0000
Apopka firm cited for loan services
The Florida Office of Financial Regulation issued an order to stop all loan modification services on Thursday to James Palmer and The Loan Critics LLC in Apopka.
baltimoresun.com Fri, 26 Mar 2010 13:59:52 +0000
11 St. Louis firms make venture capital pitch at InvestMidwest
Eleven St. Louis-area firms are among 44 entrepreneurial growth companies from 11 states that presented business plans this week at the InvestMidwest Venture Capital Forum in the hope of winning venture funding.
baltimoresun.com Fri, 26 Mar 2010 00:58:52 +0000
Fox River State raises $3.3M in offering
Fox River State Bank, which in October 2009 agreed to a "cease and desist" order with bank regulators to resolve problem loans and improve its capital position, said it has raised more than $3.3 million in a stock offering.
baltimoresun.com Thu, 25 Mar 2010 23:58:19 +0000
Arizona gets huge chunk of fed's mortgage fraud money
Attorney General Eric Holder announced Thursday in downtown Phoenix that Arizona will receive $1.7 million this spring to combat mortgage fraud - a prolific problem during the real estate boom that grew following the crash and ensuing recession.
baltimoresun.com Thu, 25 Mar 2010 23:36:04 +0000
Financial 'storm' dampens United Insurance
United Insurance Holding Corp. said state mandates and reinsurance rate hikes pulled down earnings in the fourth quarter and full year of 2009.
baltimoresun.com Thu, 25 Mar 2010 22:37:03 +0000
Coconut Grove Bank signs regulatory order
Coconut Grove Bank has signed a written agreement with federal and state regulators to improve its management of problem loans and investments.
baltimoresun.com Thu, 25 Mar 2010 22:37:03 +0000
Hayworth replaces Henriques as Gibraltar chair
Gibraltar Private Bank & Trust CEO and founder Steven D. Hayworth has replaced Adolfo Henriques as chairman of the Coral Gables-based bank.
baltimoresun.com Thu, 25 Mar 2010 22:37:03 +0000



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