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Thursday, September 19, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: banks


Banks to return bailout money

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 …


Some banks will get leave to repay Treasury loans

WASHINGTON – The Obama administration plans to announce as soon as today that some of the nation’s largest banks can repay billions in federal aid, but some officials caution that …


Stress test details released

The federal government released details of its “stress tests” for major banks Wednesday, saying they must be strong enough to weather a worse-than-expected economic scenario including a 22 percent drop …


Fed says banks still being tight with credit

WASHINGTON – Many banks have made it harder for borrowers to obtain all kinds of loans over the past three months despite a $700 billion federal bailout program and a …


Credit card breach offers lesson

Consumers getting notices from banks or credit unions about possible fraud on their credit cards should take an active, daily role in monitoring their accounts, area bank officials say. First …


Banks urge cardholders to watch accounts after breach

Consumers getting notices from banks or credit unions about possible fraud on their credit cards should take an active, daily role in monitoring their accounts, area bank officials say.


Region feels the economy’s pain

Recession, layoffs, falling real estate prices, failing banks, unprecedented federal bailouts, plunging stock values and a roller coaster ride for gasoline prices made front-page news nationally and across the Inland …


Shelby Chairs Inland Northwest Bank

William Shelby will replace William Griffith as chairman of Inland Northwest Bank. Shelby has been a member of the bank’s board as well as vice president of U.R.M. Stores Inc., …


Thrift Insurance Fund Could Go Broke

The government fund that insures deposits at savings and loan banks could go insolvent in less than two years, the chairman of the Federal Deposit Insurance Corporation said Monday. The …


Shrinking Thrift Insurance Fund May Face Crunch, Gao Warns

The savings and loan industry’s deposit insurance fund is dwindling and may be insufficient to handle a large failure, a government report said Thursday. The insurance fund’s inadequacies will worsen …


Dutch Firm Offers To Buy Barings For $1.60

A Dutch financial group has offered the token sum of one pound ($1.60) for most of Barings PLC and its hefty liabilities, an executive close to the failed British bank …