Latest from The Spokesman-Review

• JPMorgan loss sets off call for heavier regulation

  May 11, 2012 in Business WASHINGTON — A surprise $2 billion trading loss by a division of JPMorgan Chase triggered calls today for tougher regulation of banks three years after their near-death experience in the … 26

• Sterling Financial to cut 6 percent of workforce

  February 21, 2012 in Business Sterling Financial Corp. is laying off 6 percent of its employees this winter. 10

• Sterling posts $39 million profit

  January 26, 2012 in City on Page A8 Sterling Financial Corp. earned a $39.1 million profit in 2011, continuing its turnaround from near-collapse during the height of the nation’s financial crisis. According to financial reports released Wednesday, Sterling’s … 2

• Sterling posts profit for 4th quarter and full year

  January 25, 2012 in Business Spokane-based Sterling Financial Corp. reported dramatically improved results for the fourth quarter and full fiscal year after the close of trading today. 4

• Washington Mutual agrees to settlement

  December 13, 2011 in Business Bank holding company Washington Mutual Inc. has agreed to a settlement with some creditors involved in its Chapter 11 bankruptcy case and has filed a new reorganization plan. 2

• Tar, feathers spill onto good bankers

  December 10, 2011 in City on Page B1 Randy Fewel’s an awfully nice guy. For a banker. 3

• Shawn Vestal: Small banks don’t deserve knocks

  December 9, 2011 in City Randy Fewel’s an awfully nice guy. For a banker. Actually, Fewel seems like an awfully nice guy for a guy. A person. A human being. 7

• Stocks head higher on lowered borrowing rates

  November 30, 2011 in Nation/World Stocks soared in morning trading Wednesday. 10

• Lottery winners plan to buy big stake in struggling bank

  October 18, 2011 in Business on Page A8 A lottery-winning couple from rural central Washington plan to buy a large stake in Spokane-based RiverBank. Jim and Carolyn McCullar, who earlier this year won $190 million – about half … 1

• Shawn Vestal: It’s time to think outside of the bank

  October 15, 2011 in City on Page A5 Are you stuck in a loveless marriage? Feeling taken advantage of? Taken for granted? Taken for a fool? 13

• Washington Trust repays TARP debt

  October 15, 2011 in City on Page A10 Washington Trust Bank has repaid its $110 million TARP obligation to the U.S. Treasury Department. At the same time, the Spokane-based bank borrowed $89.1 million from a different Treasury program …

• Lawmakers seek probe on banks’ debit card fees

  October 13, 2011 in Business Members of Congress are asking the Justice Department to investigate whether Bank of America and other major banks improperly worked together to charge customers new monthly fees for using their … 59

• FDIC backs ban on banks trading for own profit

  October 11, 2011 in Business, Nation/World Banks would be barred from trading for their own profit instead of their clients under a rule federal regulators proposed today. 12

• Impact of closed bank swirling

  October 4, 2011 in City on Page A1 The Bank of Whitman’s failure has left other regional lenders stuck with piles of insider loans that could lead to millions in losses. Recent court filings and public records disclose … 31

• Feds sue biggest U.S. banks over risky mortgages

  September 2, 2011 in Business, Nation/World The government has sued the nation’s largest banks, along with a handful of other financial institutions and executives, for violating federal and state laws in the sale of home mortgage-backed … 18

• Buffett invests $5 billion in Bank of America

  August 25, 2011 in Business, Nation/World Warren Buffett is coming to the rescue of another fallen giant. 36

• Feds: Probe into WaMu ends with no charges

  August 5, 2011 in Business, Nation/World The Justice Department says it has closed its investigation into the collapse of Washington Mutual without any criminal charges filed. 4

• Anarchists claim responsibility for Seattle bank vandalism

  April 22, 2011 in Nation/World Police are looking at a website where anarchists say they are responsible for breaking windows at a Chase bank branch in Seattle. 8

• Caldwell: Prudent Wheatland a star in banking circles

  February 20, 2011 in Business on Page E1 Wheatland Bank earned a profit last quarter, as it has for every quarter since it was founded in Davenport 32 years ago. The holding company, Community Financial Group Inc., raised …

• Employees kept focus during crisis

  January 21, 2011 in Business on Page A8 Sterling Financial Corp. survived because employees did not let its capital woes break their focus on customer relationships, Chief Operating Officer Ezra Eckhardt said Thursday. Meanwhile, he said, officers worked … 2

• STCU warns of scam calls seeking card information

  November 12, 2010 in Business, City A Spokane credit union says local consumers are reporting a phone scam aimed at tricking them to reveal debit and credit card information.

• Credit union closure is state’s first

  October 30, 2010 in Business, City on Page A6 State regulators closed Spokane’s The Union Credit Union on Friday due to loan losses – the first time a credit union in Washington has been closed in 15 years. Regulators … 4

• Plan would leave AmericanWest Bank privately held

  October 27, 2010 in Business, City AmericanWest Bank will become a privately held company under a recapitalization plan announced today by its holding company, Spokane-based AmericanWest Bancorporation. 11

• Regulators lift cease-and-desist order on Sterling

  September 27, 2010 in Business State and federal regulators have lifted the cease-and-desist order placed on Sterling Savings Bank nearly one year ago.

• Sterling Financial reports another quarter of losses

  July 27, 2010 in Business Sterling Financial Corp. today reported a second-quarter loss of $58.2 million, including a $70.8 million allowance for credit losses. A year ago, the Spokane bank reported a net loss of … 3

• Four Wells Fargo Financial stores to close in area

  July 9, 2010 in Business Three Wells Fargo Financial stores in Spokane and one in Coeur d’Alene will close in September as part of a Wells Fargo & Co. restructuring. The company is closing all … 3

• Equity firm to invest $139 million in Sterling

  May 24, 2010 in Business A Wall Street private equity firm has agreed to invest $139 million in Sterling Financial Corp. as the Spokane bank holding company continues its recapitalization effort.

• Judge postpones Washington Mutual hearing

  May 19, 2010 in Business Washington Mutual Inc. told a bankruptcy judge today that it is close to completing an agreement with the Federal Deposit Insurance Corp. that could pave the way for the bank … 1

• Bank of America won’t charge overdraft fees

  March 10, 2010 in Business Bowing to complaints of fee gouging, Bank of America said Wednesday that starting this summer it would deny transactions for customers using their debit cards if they didn’t have funds … 6

• Banks to return bailout money

  June 10, 2009 in Business on Page A10 WASHINGTON – Ten of the nation’s biggest financial companies got a green light Tuesday to return $68 billion in federal bailout money – freeing the banks from limits on executive …

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