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Louisiana Banking News. Service for global professionals. Constantly updated news and information about Louisiana.
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Latest Louisiana Banking News

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  • Weakest banks still need aid 5 Dec 2009 04:32 GMT
    ... to pay back TARP money pressures other banks Published: Friday, December 4, 2009 at 1:00 ... a 34 percent ownership stake in the banking giant. Wells Fargo has received $25 billion ... Wilson, finance professor at the University of Louisiana. But banks still face plenty of obstacles. ...

  • TARP rules and competition put squeeze on largest banks 6 Dec 2009 06:50 GMT
    ... to happen anytime soon. That's because many banks, including Citi and Wells Fargo, still face ... a 34 percent ownership stake in the banking giant. Wells Fargo has received $25 billion ... Wilson, finance professor at the University of Louisiana. Speaking to lawmakers, Bernanke said the TARP ...

  • Should we break up big banks? 5 Dec 2009 22:14 GMT
    ... to force some of its large, bailout-receiving banks to sell off some operations and become ... our big corporations their customers. Unfortunately in banking, size doesn't always matter. Treasury Secretary Timothy ... Joseph Mason, a professor of finance at Louisiana State University who doesn't believe smaller banks ...

  • FDIC seeks to reduce number of 'unbanked'; in Louisiana, 9 percent have no accounts 3 Dec 2009 11:40 GMT
    ... business news from New Orleans and south Louisiana FDIC seeks to reduce number of 'unbanked'; ... according to a report released Wednesday by banking regulators. About 155,000 households in the state ... underbanked. The survey is intended to encourage banks to offer small loans to low-income Americans, ...

  • Agency fosters access to banks: A letter to the editor 5 Dec 2009 09:33 GMT
    ... from The Times-Picayune Agency fosters access to banks: A letter to the editor Re: "FDIC ... seeks to reduce number of 'unbanked'; in Louisiana, 9 percent have no accounts," Money, Dec. ... access. Appleseed has issued a report "Immigrant Banking: Reaching the Latino Population in Louisiana." Our ...

  • Nearly 9 percent in La. can't access banks 2 Dec 2009 21:19 GMT
    ... Nearly 9 percent in La. can't access banks Associated Press - December 2, 2009 2:44 ... La. (AP) - A new report by banking regulators says nearly 9 percent of Louisiana households - 155,000 households - don't have ...

  • FDIC: Nearly 9 percent in LA can't access banks 2 Dec 2009 23:37 GMT
    ... LA (AP) - A new report by banking regulators says nearly 9 percent of Louisiana households - 155,000 households - don't have ... services and other costly alternatives to traditional banks. That compares to about 18 percent nationally. ...

  • FDIC: Nearly 9 percent In La. Can't Access Banks 2 Dec 2009 23:30 GMT
    ... A new report by banking regulators says nearly 9 percent of Louisiana households -- 155,000 households -- don't have ... services and other costly alternatives to traditional banks. That compares to about 18 percent nationally. ...

  • U.S. banks make good, but others lag 8 Dec 2009 01:29 GMT
    ... U.S. banks make good, but others lag Last Updated: ... year ago,” said Douglas Elliott, a former banker and fellow at the Brookings Institution in ... professor of finance at the University of Louisiana at Lafayette. “On the other, I’m happy ...

  • Dire predictions for commercial mortgage lending 1 Dec 2009 15:57 GMT
    ... next few years that could make the mortgage meltdown look like a strong wind before ... commercial lending trouble has appeared. Mall of Louisiana owner General Growth Properties filed for bankruptcy ... filed for bankruptcy in the spring, and banks that financed Tommy Spinosa’s Perkins Rowe development foreclosed ...

  • Going home hungry in Louisiana: An editorial 1 Dec 2009 13:17 GMT
    ... from The Times-Picayune Going home hungry in Louisiana: An editorial Children who should be coming ... 90 percent reduction that has left food banks hard-pressed to feed hungry children and adults. The ...

  • Chinese drywall reports being compiled by Louisiana Recovery Authority 3 Dec 2009 13:05 GMT
    ... Chinese drywall reports being compiled by Louisiana Recovery Authority Chinese drywall is believed to ... rendered unlivable, dropped insurance coverage and denied mortgage refinancing applications because of the drywall. Sen. ...

  • Court upholds sentence in mortgage fraud 7 Dec 2009 23:19 GMT
    ... hearing into extending the prison sentence of mortgage broker Nelson Miller, who was convicted in ... Miller, whom he said had moved to Louisiana. The AP could not find a current ...

  • BofA's TARP repayment puts pressure on Citi, Wells 3 Dec 2009 22:31 GMT
    ... to happen anytime soon. That's because many banks, including Citi and Wells Fargo, still face ... a 34 percent ownership stake in the banking giant. Wells Fargo has received $25 billion ... Wilson, finance professor at the University of Louisiana. Speaking to lawmakers, Bernanke said the TARP ...

  • BofA's TARP repayment puts pressure on Citi,... 3 Dec 2009 23:03 GMT
    ... to happen anytime soon. That's because many banks, including Citi and Wells Fargo, still face ... a 34 percent ownership stake in the banking giant. Wells Fargo has received $25 billion ... Wilson, finance professor at the University of Louisiana. Speaking to lawmakers, Bernanke said the TARP ...


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