Loans of concern

September 3, 2009

“Loans of concern” has the same ominous ring as the phrase “persons of interest” when uttered by law enforcement officials investigating a murder.

No-one escapes the European Commission

August 26, 2009

Fitch just delivered some pretty hefty downgrades on subordinated debt sold by Lloyds Banking Group’s insurance arms Clerical Medical and Scottish Widows. 

Commercial real estate and small banks

August 18, 2009

A couple more data points for the commercial real estate and the banks that plowed into the sector during the go-go years earlier this decade. It’s a mess and one that smaller banks and the FDIC will be left to clean up.