15 most recent bank failures

15 most recent bank failures

Enjoy complimentary access to top ideas and insights — selected by our editors. The Santa Anna National Bank’s demise on June 27 marked the second bank failure of 2025 and the 15th since October 2019.  The Federal Deposit Insurance Corp. took over the $63.8 million-asset bank, and agreed to sell its deposits and some of … Read more

Giving Back During the Holidays: Financial...

Giving Back During the Holidays: Financial...

Union Bank November 29, 2024 So many things make the holiday season special—colorful lights, holiday cookies, and exchanging gifts with friends and family, just to name a few. However, there is nothing like helping someone in need to truly fill your heart with the holiday spirit. Charitable donations are a great and meaningful way to … Read more

More mortgage lending might push home...

More mortgage lending might push home...

Jamie Waddell and Danny Walker Would expanding mortgage supply lead to increased home ownership? Given that 90% of young home owners have a mortgage, it’s tempting to assume the answer is yes. But our analysis suggests that assumption is not necessarily true. We show that increases in mortgage supply have historically had no discernible effect … Read more

Operations and Operational Art and applicability...

THE UNITED STATES NAVAL WAR COLLEGE JOINT MILITARY OPERATIONS DEPARTMENT On Operations: Operational Art and Military Disciplines Kindle Edition by Brett Friedman (Author) Link is a primer for the book. On Operations and Operational Art – military terms which roughly equates to method and approach for Operations and for conducting Operations. If that explanation is … Read more

Tips for Funding a Dream Wedding...

Tips for Funding a Dream Wedding...

Summary A beautiful wedding doesn’t have to mean overspending. This blog shares smart strategies to plan your dream wedding while staying within budget, including: Setting a Realistic Budget – Prioritize expenses and track costs carefully.Exploring Affordable Venue Options – Consider off-season dates or non-traditional locations.DIY & Cost-Saving Hacks – From decorations to invitations, small savings … Read more

What to expect when you have...

What to expect when you have...

Congrats on having a brand new SBI savings bank account in your name! Well, it feels like a kind of relief that your bank account is ready to be used.  But have you ever thought about what comes next after having a bank account? Well, it goes like this. Read on and let’s find it … Read more

Ex-MLA Vivekanand Patil’s properties to be...

Ex-MLA Vivekanand Patil’s properties to be...

Vivekanand Shankar Patil, , a former legislator from Panvel and Uran, is the prime accused in the case. A total of 87 properties, including ancestral ones, were attached under the MPID Ac A special anti-money laundering court has ordered the auction of properties linked to former MLA Vivekanand Shankar Patil to facilitate repayment to creditors … Read more

In rare move, Flagstar seeks to...

In rare move, Flagstar seeks to...

Flagstar Bank is seeking approval to dissolve its holding company, a rare maneuver but one that Flagstar’s executives argue would cut costs and simplify its regulatory structure. If the plan is approved by shareholders and regulators, Flagstar Financial, the holding company, will be folded into Flagstar Bank, leaving the bank as the surviving entity. The … Read more

Financial Checkup Guide: Close the Year...

Financial Checkup Guide: Close the Year...

Union Bank December 13, 2024 The new year isn’t just made for celebrations, it’s a time to take a look at your finances and see where you stand. We don’t just mean a quick glance at your savings and checking accounts, a financial review means assessing your financial progress and setting goals for the new … Read more

How fixed are global exchange rates?...

How fixed are global exchange rates?...

Roger Vicquéry and Kevin Hjortshøj O’Rourke While the collapse of the Bretton Woods system in 1973 has traditionally been seen as heralding a major shift towards floating exchange rates, the extent of this transition away from fixed arrangements has been called into question by a ‘New Consensus’ view. We provide a new index to measure … Read more