Sunday, May 10, 2009

Wednesday - Banking News



Soak the Bankers
Yeah, cause we're all RICH!

Wells Fargo

Why Governments Shouldn’t Run Banks
Excellent article about Hartmarx and Wells Fargo

Bank of America

BofA presses fired staff to give up right to sue
Screw them once, twice...


BB&T to sell 75M shares at $20 each to raise $1.5B

BB&T announces full over-allotment option exercised in common stock offering


SunTrust on losing end of senior bankers’ migration patterns

Wednesday Morning


Banks could lose more than stress tests show
Risks to BofA and other top lenders come from exotic bets on insurance-like derivative investments.
Bankers & Brokers Have Learned Nothing From the Current Crisis
The Stress Test Placebo
Senators Cut Deal On Credit Card Bill
Implications of the Bank Stress Tests
Bank Stress Test Allow Some Banks to Repay TARP
TREASURIES-Bonds ease on Bernanke stress-test relief

Wells Fargo

Wells Fargo: Now a Buy
Wells Fargo is largest home lender in 1Q

Bank of America

BofA, other U.S. banks scramble for capital
Will Bank of America IPO Merrill Lynch?


BB&T, SunTrust to raise capital through public offering after ‘stress test’
This headline doesn't sound accurate...
Bank Cards Reissued Due To Security Breach
3 to enter Richmond Business Hall of Fame
C.T. Hill


Executive Appointments

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