Mambilla Hydro Contract: I committed no crime - Agunloye - Peoples Daily Newspaper peoplesdailyng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from peoplesdailyng.com Daily Mail and Mail on Sunday newspapers.
Article: More Banks to Fail? Not in North Dakota - U.S. banks are again in the crosshairs. Standard and Poor s has downgraded five new middle-tier banks and put three others on negative outlook. This follows sweeping downgrades earlier in August by Moody s, which cut credit ratings on 10 banks and placed four of the 15 largest U.S. banks on review for possible downgrade. As with the banks going into
U.S. bank regulator the Federal Deposit and Insurance Corporation (FDIC) will on Aug. 29 propose new rules overhauling how large regional banks prepare for their own failure, according to a notice published late on Tuesday. The proposal will likely require banks of $100 billion or more in assets to issue long-term debt that could absorb bank losses before depositors and the FDIC's deposit insurance fund do, FDIC Chair Martin Gruenberg said in a speech this month. It will also require bank recovery and resolution plans, also known as "living wills," to give the FDIC more options when overseeing a failed bank's receivership, including by identifying parts of the lender that could be sold separately.
Failed Bank CEO Recalls What Happened Overnight Before Collapse theolympian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theolympian.com Daily Mail and Mail on Sunday newspapers.