Hints and tips:
...Chile’s central bank publishes trade figures that cover last month....
...News clip Washington Mutual has gone under the FDIC, took over Washington Mutual yesterday, then sold its assets to JPMorgan Chase for nearly $2bn....
...In that period, FHLB advances rose by nearly two-thirds by lending to large, poorly capitalised banks — some of which, such as Washington Mutual, Countrywide and Wachovia — eventually failed....
...Evergrande will continue to build homes, he said. “The Group will still strive to do everything possible to ensure the stability of domestic business and operations.”...
...The biggest bank failure was Washington Mutual in 2008, during the global financial crisis....
...It has high customer satisfaction ratings in California, tied in part to its acquisition of Washington Mutual in 2008....
...If San Francisco-based First Republic is taken over by the FDIC, it would rank among the biggest bank failures in US history, alongside Washington Mutual in 2008 and SVB....
...Blackstone noted that regional banks were important intermediaries for autos, home improvement and equipment, and potential sources of funds....
...With that lifeline failing, First Republic has become the second-largest bank failure in US history, after Washington Mutual in 2008....
...They are based in New York and Washington, respectively....
...So that IRS office was the Countrywide Savings and Loan office campus. And we shot the entire movie in that building almost. And it was shot in 38 days in January of 2020....
...It had taken less than 40 hours for a top 20 bank with $209bn in total assets to become the second-largest bank failure in American history after Washington Mutual in 2008....
...JPMorgan let 9,200 Washington Mutual staff go when it took on the US’s largest savings and loan association, in addition to cutting a 10th of its own workforce....
...That’s to be expected when refinancing demand is virtually non-existent at these rates, as people cling tight to their low-rate home loans....
...The fall is also the story of Wall Street colliding with a creative industry that was home to big personalities and towering egos....
...In many ways, it’s similar to a short-term loan, with the bond used as collateral....
...State-controlled banks issued $1.4tn of loans, with at least half devoted to infrastructure spending to secure the country’s recovery after the global financial crisis....
...Instead, he went home, packed a suitcase and headed to the airport, where he boarded a flight to London. He never returned to his home country....
...At the time, he sold out of airlines and cut his holdings in big US banks, which were putting away billions of dollars in reserves to protect against potential losses on loans....
...; bribes from companies; and skimming off foreign loans and raiding the public treasury,” said a 2007 World Bank Stolen Asset Recovery Initiative report, which featured kleptocrats such as Indonesia’s Suharto...
...But it stumbled in the crisis, weighed down by bad bets like the buyout of Texas utility Energy Future Holdings and casino empire Caesars Entertainment, as well as the rescue financing of Washington Mutual...
...Blackstone agreed to house the new venture in its offices and bankroll it with a $5m loan, in return for a 50 per cent stake....
...Home Depot’s Bernard Marcus and TD Ameritrade’s Joe Ricketts have also each given $1m....
...The FT revealed former UK prime minister David Cameron lobbied for Greensill Capital, the now collapsed financial firm, to get greater access to government pandemic loans....
...“The bonds that were bought or loans that were made in and of itself, weren’t meaningful,” he said....
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