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Stock Market & Financial Investment News

News Breaks
March 12, 2013
05:48 EDTCB, TRVRising insurance costs hurting small U.S. banks, WSJ reports
Thousands of small U.S. banks are feeling a financial pinch from the government's efforts to punish executives and directors of banks that collapsed during the height of the financial crisis, reports the Wall Street Journal. Insurance premiums that cover directors and officers are rising sharply as the FDIC, seeking to replenish funds paid out to depositors of collapsed banks, accelerates its legal pursuit of officials from failed community lenders Insurance executives and banking-industry lawyers estimate premiums for small banks have risen at least 15% since the crisis. Some insurers are also boosting deductibles and writing policies that leave policyholders uncovered if regulators take future action. Reference Link
News For CB;TRV From The Last 14 Days
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May 23, 2013
16:14 EDTCBChubb files automatic mixed securities shelf
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07:12 EDTCBWall Street trying to use trade deals to weaken Dodd-Frank, Bloomberg reports
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06:08 EDTCBOn the Fly: Periodicals Wrap-Up
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May 21, 2013
15:19 EDTTRVTravelers remains below its 10-day moving average, levels to watch
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