Financial Regulatory Forum

U.S. FDIC’s Bair urges banks to take losses on commercial loans

By Reuters Staff
January 20, 2010

By Karey Wutkowski

WASHINGTON, Jan 20 (Reuters) – A top regulator on Wednesday told banks to stop dragging their feet and recognize losses on commercial real estate loans, a sector that is due to deteriorate in the coming quarters and drive bank failures.

REUTERS SUMMIT-Key banker sees cost of U.S. bank failures rising

By Reuters Staff
November 16, 2009

FDIC spokesperson Roberta Valdez shows identification to gain entry at a California National Bank branch in downtown Los Angeles October 30, 2009. The failed bank was seized by U.S. authorities and acquired by U.S. Bancorp. (File Photo) REUTERS/Sam Mircovich   (UNITED STATES BUSINESS) By Karey Wutkowski
NEW YORK, Nov 16 (Reuters) – The cost of U.S. bank failures will continue to rise sharply and will likely exceed the government’s current expectations, a leading investment banking executive said on Monday.

US bank regulators warn on commercial real estate

By Reuters Staff
October 30, 2009

The Stuyvesant Town and Peter Cooper Village private residential development (bottom C) is seen in New York, October 26, 2009.  New York State's highest court on Thursday ruled that the landlords of Manhattan's largest apartment complex improperly raised thousands of rents, further pushing the owners of the $5.4 billion deal struck at the height of a commercial real estate boom toward default.REUTERS/Shannon Stapleton  (UNITED STATES BUSINESS)   By Karey Wutkowski
WASHINGTON, Oct 30 (Reuters) – U.S regulators on Friday encouraged banks to modify troubled commercial real estate loans, which are seen as a looming danger spot for the banking industry.

US regulator: 17 percent of national banks on watch list

By Reuters Staff
October 14, 2009

WASHINGTON, Oct 14 (Reuters) – The regulator for the largest U.S. banks said on Wednesday that 17 percent of national banks are now considered “problem banks.”

U.S. Fed reviewing bank commercial property exposure – source

September 16, 2009

A man walks down a staircase of an office building in Tokyo April 20, 2009. WASHINGTON, Sept 16 (Reuters) – The Federal Reserve is conducting a review of commercial real estate exposures at U.S. banks, a Fed source said on Wednesday.