First National Bank of Nevada and California-based First Heritage Bank were closed by U.S. regulators yesterday, the first institutions to fail since regulators seized IndyMac Bancorp two weeks ago following a run by depositors. All deposit accounts have been transferred to Mutual of Omaha Bank, Omaha, Nebraska ("assuming institution"). All deposit accounts will be available as usual. Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver.
This is a very bad news to the already bleak financial sector. Global stock markets should plunge on the coming Monday.
Mutual of Omaha Bank to Acquire Deposits of Failed First National Bank
http://www.foxbusiness.com/story/mutual-omaha-bank-acquire-deposits-failed-national-bank/
Computer, Technology, Databases, Google, Internet, Mobile, Linux, Microsoft, Open Source, Security, Social Media, Web Development, Business, Finance
Subscribe to:
Post Comments (Atom)
Popular Posts
-
I would like to apologize that sigining of my guestbook is not possible at the moment due to an unexpected bug. There is already 74 entries ...
-
Google url shortener service, goo.gl , is now much improved with newly included features like easier copy and paste, and ability to delete e...
-
As of today, Google will start using a new shortened url - g.co , to promote Google websites. g.co works differently as compared to a long-t...
-
Singapore’s Land Transport Authority has just released an updated official MRT map including seven new stations on the Thomson-East Coast Li...
-
*********** Try to sleep now, close your eyes Soon the birds would stop singing Twinkling stars, are shining bright They'll be watch...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.