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	<title>Stock Blog Hub &#187; Regions Financial Corp.</title>
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		<title>($FITB) Fifth Third Bancorp Eyes Federal Deposit Insurance Corporation Deals</title>
		<link>http://www.stockbloghub.com/2009/09/24/fitb-fifth-third-bancorp-eyes-federal-deposit-insurance-corporation-deals/15988</link>
		<comments>http://www.stockbloghub.com/2009/09/24/fitb-fifth-third-bancorp-eyes-federal-deposit-insurance-corporation-deals/15988#comments</comments>
		<pubDate>Thu, 24 Sep 2009 19:54:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Midwest Banks]]></category>
		<category><![CDATA[Fifth Third Bancorp]]></category>
		<category><![CDATA[FITB]]></category>
		<category><![CDATA[Regions Financial Corp.]]></category>
		<category><![CDATA[RF]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>
		<category><![CDATA[Us Bancorp]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15988</guid>
		<description><![CDATA[Fifth Third Bancorp (FITB) is planning to acquire banks with the assistance of the Federal Deposit Insurance Corporation (FDIC). The company intends to expand within its operating footprint instead of venturing beyond that. While the company has already evaluated some of the FDIC-assisted purchases, the deposit mix was neither suitable nor large enough. The company intends to acquire such banks with the FDIC’s assistance, which would significantly increase its market share in one or more markets. Fifth Third already has the experience of acquiring such troubled banks. Last year, the company completed the conversion of Bradenton-based Freedom Bank, which bank regulators had declared insolvent on Oct. 31, 2008 and the FDIC was named the receiver. Fifth Third Bank assumed approximately $250 million in failed Freedom Bank’s deposits from the FDIC. ]]></description>
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		<title>(JPM) 94 Bank Failures So Far in 2009</title>
		<link>http://www.stockbloghub.com/2009/09/22/jpm-94-bank-failures-so-far-in-2009/15793</link>
		<comments>http://www.stockbloghub.com/2009/09/22/jpm-94-bank-failures-so-far-in-2009/15793#comments</comments>
		<pubDate>Tue, 22 Sep 2009 20:44:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Fifth Third Bancorp]]></category>
		<category><![CDATA[FITB]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Co]]></category>
		<category><![CDATA[Mb Financial Inc]]></category>
		<category><![CDATA[MBFI]]></category>
		<category><![CDATA[PNC]]></category>
		<category><![CDATA[PNC Financial Services Group I]]></category>
		<category><![CDATA[Regions Financial Corp.]]></category>
		<category><![CDATA[RF]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[ZION]]></category>
		<category><![CDATA[Zions Bancorp]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15793</guid>
		<description><![CDATA[Regulators shut down 2 more banks in Kentucky and Indiana; tally hits 94 this year U.S. regulators on Friday shuttered two more banks in Kentucky and Indiana as the recession continues to weigh heavily on banks. Both of the failed banks were run by Columbus, Indiana-based Irwin Financial Corporation. This takes the total number of failed federally insured banks this year to 94, compared to 25 in 2008 and 3 in 2007. The failed banks were &#8212; Kentucky-based Irwin Union Bank FSB, with $493 million in assets and $441 million in deposits, and Columbus, Ind.-based Irwin Union Bank and Trust Company, with $2.7 billion in assets and $2.1 billion in deposits as of August 31, 2009. The banks operated a combined 27 branches in nine U.S. states. Failure of these ]]></description>
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		<title>(MBFI) Corus Bankshares Fails &#8211; 92 Total This Year</title>
		<link>http://www.stockbloghub.com/2009/09/14/mbfi-corus-bankshares-fails-92-total-this-year/15091</link>
		<comments>http://www.stockbloghub.com/2009/09/14/mbfi-corus-bankshares-fails-92-total-this-year/15091#comments</comments>
		<pubDate>Mon, 14 Sep 2009 17:37:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Midwest Banks]]></category>
		<category><![CDATA[Banco Bilbao Vizcaya Argentari]]></category>
		<category><![CDATA[Bb&t Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[BBV]]></category>
		<category><![CDATA[Fifth Third Bancorp]]></category>
		<category><![CDATA[FITB]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Co]]></category>
		<category><![CDATA[Mb Financial Inc]]></category>
		<category><![CDATA[MBFI]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corp.]]></category>
		<category><![CDATA[PNC]]></category>
		<category><![CDATA[PNC Financial Services Group I]]></category>
		<category><![CDATA[Regions Financial Corp.]]></category>
		<category><![CDATA[RF]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[ZION]]></category>
		<category><![CDATA[Zions Bancorp]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15091</guid>
		<description><![CDATA[Regulators shut down 3 more banks including Corus; total failed banks in &#8217;09 reach 92 Three more banks including Corus Bank NA, a subsidiary of Corus Bankshares (CORS), were shuttered by the U.S. regulators on Friday as the recession continues to take its toll on banks. This takes the total number of failed federally insured banks in this year to 92, compared to 25 in 2008 and 3 in 2007. Based in Chicago, the Corus Bank was a major lender to condominium, office and hotel projects. Corus is one of the largest banks to fail this year, with about $7 billion in total assets, $7 billion in deposits and 11 branches. Two other small banks were Lacey, WA-based Venture Bank, with $970 million in assets and $903 million in deposits ]]></description>
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		<title>(GSBC) Five More Banks Fail</title>
		<link>http://www.stockbloghub.com/2009/09/08/gsbc-five-more-banks-fail/14573</link>
		<comments>http://www.stockbloghub.com/2009/09/08/gsbc-five-more-banks-fail/14573#comments</comments>
		<pubDate>Wed, 09 Sep 2009 00:14:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Southwest Banks]]></category>
		<category><![CDATA[Banco Bilbao Vizcaya Argentari]]></category>
		<category><![CDATA[Bb&t Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[BBV]]></category>
		<category><![CDATA[Fifth Third Bancorp]]></category>
		<category><![CDATA[FITB]]></category>
		<category><![CDATA[Great Southern Bancorp Inc.]]></category>
		<category><![CDATA[GSBC]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Co]]></category>
		<category><![CDATA[Mb Financial Inc]]></category>
		<category><![CDATA[MBFI]]></category>
		<category><![CDATA[PNC]]></category>
		<category><![CDATA[PNC Financial Services Group I]]></category>
		<category><![CDATA[Regions Financial Corp.]]></category>
		<category><![CDATA[RF]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[ZION]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14573</guid>
		<description><![CDATA[Three more banks and two thrifts in U.S. fail, tally reaches 89 this year The recession continues to weigh heavily on banks as U.S. regulators on Friday shuttered five more institutions in Missouri, Illinois, Iowa and Arizona. This takes the total number of failed federally insured banks this year to 89, compared to 25 in 2008 and 3 in 2007. Among the failed institutions two were in Illinois – Oak Forest-based InBank, with $212 million in assets and $199 million in deposits, and Rolling Meadows-based Platinum Community Bank, with $346 million in assets and $305 million in deposits. The other three were Kansas City, MO-based First Bank of Kansas City, with $16 million in assets and $15 million in deposits; Sioux City, IA-based Vantus Bank with $458 million in assets ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(BBT) Federally Insured Bank Failures Continue</title>
		<link>http://www.stockbloghub.com/2009/08/31/bbt-federally-insured-bank-failures-continue/13914</link>
		<comments>http://www.stockbloghub.com/2009/08/31/bbt-federally-insured-bank-failures-continue/13914#comments</comments>
		<pubDate>Mon, 31 Aug 2009 16:05:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Mid-Atlantic Banks]]></category>
		<category><![CDATA[Banco Bilbao Vizcaya Argentari]]></category>
		<category><![CDATA[Bb&t Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[BBV]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Co]]></category>
		<category><![CDATA[PNC]]></category>
		<category><![CDATA[PNC Financial Services Group I]]></category>
		<category><![CDATA[Regions Financial Corp.]]></category>
		<category><![CDATA[RF]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[ZION]]></category>
		<category><![CDATA[Zions Bancorp]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13914</guid>
		<description><![CDATA[Three more U.S. banks failed; tally reaches 84 this year Bank failures continue unabated as U.S. regulators on Friday closed down three more banks in California, Maryland and Minnesota. This takes the total number of failed federally insured banks this year to 84, compared to 25 in 2008 and 3 in 2007. The failed banks were Ventura, California-based Affinity Bank, with about $1 billion in assets and $922 million in deposits; Baltimore-based Bradford Bank, with $452 million in assets and $383 million in deposits; and Forest Lake, Minnesota-based Mainstreet Bank, with $459 million in assets and $434 million in deposits. Failure of these banks represents another sizable impact on the Federal Deposit Insurance Corporation’s (FDIC) fund for protecting customer accounts, as it has been appointed receiver for these banks. The ]]></description>
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		<title>(WFC) Wachovia &#8211; slapped with a multi-state investigation under which it will have to pay</title>
		<link>http://www.stockbloghub.com/2009/08/13/wfc-wachovia-slapped-with-a-multi-state-investigation-under-which-it-will-have-to-pay/12482</link>
		<comments>http://www.stockbloghub.com/2009/08/13/wfc-wachovia-slapped-with-a-multi-state-investigation-under-which-it-will-have-to-pay/12482#comments</comments>
		<pubDate>Thu, 13 Aug 2009 20:47:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Co]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Regions Financial Corp.]]></category>
		<category><![CDATA[RF]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=12482</guid>
		<description><![CDATA[Wachovia Corporation, now a part of Wells Fargo &#38; Co. (WFC), will have to shell out a $2.52 million assessment fee to the state for its involvement in the auction rate securities market. An auction rate security (ARS) typically refers to a debt instrument with a long-term nominal maturity, for which the interest rate is regularly reset through a Dutch auction. Since February 2008, most of such auctions have failed and the auction market has been largely frozen. In late 2008, investment banks that had marketed and distributed ARSs have agreed to repurchase most of them at par. Wachovia announced yesterday that it would buy back $324.6 million of ARSs it sold to investors. Wachovia has been slapped with a multi-state investigation under which it will have to pay a ]]></description>
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