Join Business Exchange
to access the most
relevant content for you,
filtered by like-minded
business professionals.
Learn more

BAD BANK

A bad bank (also called a collection bank) is a specially chartered bank that acts as a self-liquidating trust and is chartered by a bank holding company to hold all non-performing assets owned by a federally insured bank. This transfer of bad loans improved the asset quality of the seller. In the current economic climate many countries are looking into the use of the bad bank as a means of recovery.

Bad Bank is part of Business Exchange, suggested by mahendra dash. This topic contains 462 news and 98 blog items. Read updated news, blogs, and resources about Bad Bank. Find user-submitted articles and reactions on Bad Bank from like-minded professionals.

Blogs

Please add new articles to this topic

What is Backing Up Your Money?more

Is the bank really the safest place to keep your money? Robert Prechter joins the Mind of Money host Douglass Lodmell...

Northern Rock finance director David Jones leavesmore

He was appointed chief financial officer of Northern Rock (Asset Management) – the "bad bank" hived off from...

Bank of Ireland sets out disposal plans [bad bank program]more

Bank of Ireland has outlined plans to sell its pensions and life assurance unit, its asset management arm and other...

Ireland Bank Crisis: 'Worst Fears Surpassed' As Banks Need An...more

The euro16 billion in bad loans being transferred represents about a fifth of the total, Lenihan said.

Boomers Sweep Away Debt at Record Pacemore

A painful process for consumers, banks, credit card companies, and other investors.

NY Fed Under Geithner Implicated in Lehman Accounting Fraud...more

...a good bank/bad bank structure, with a Fed backstop of the bad bank, would have been an option if the Fed’s...

Bad Bank Policiesmore

Someone wrote me two bad checks.  I had no idea they were bad (obviously) so I deposited them in my account.

Hypo Real Estate beantragt milliardenschwere Bad Bankmore

Die Krisenbank Hypo Real Estate (HRE) will milliardenschwere Problemgeschäfte in eine Bad Bank auslagern.

Is Spain Frob-bing Away - Or On The Road To A New Bad Bank?more

Indeed, the Irish government in their October 2009 letter to Eurostat explicitly describe Ireland’s bad bank NAMA as an...

Northern Rock Finishes Good Bank, Bad Bank Splitmore

The legal and capital restructure of United Kingdom mortgage lender Northern Rock into two separate companies completed...

Understanding the bad bankmore

Consumers Face Good And Bad Bank Fee Changes In 2010more

Many of the Credit Card Act of 2009, or the Credit Card Act, will go into place in 2010 to protect the consumers from...

Significant Slowdown in Lending Causes Increase in Business Debt Defau...more

No rebound is truly possible if capital cannot be provided by banks to small business. The severe slowdown in accounts...

'Bad bank' will rely on wealth of experiencemore

FRANK DALY, the newly appointed chairman of the National Asset Management Agency (NAMA), is an experienced public...

EU backs German 'bad bank,' despite 'doubts' over planmore

European regulators on Tuesday backed the creation of a German "bad bank" for paper assets running to more...

Bank of Ireland, Allied Irish to Get $42.5 Billion From Toxic Debt...more

...may receive a combined 28.2 billion euros ($42.5 billion) for the toxic property loans they are selling to the...

America can only be Right: Judge Wipes Out Couples Debt to Punish...more

Judge wipes out $500,000 debt to punish 'repulsive' bank Greg and Diane Horoski’s story may seem familiar.

When Northern Rock splits into "Good Bank and Bad Bank"more

What do you think the chances are that those in the bad bank will be offered to have part of there mortgage balance...

26 Tweets | Judge blasts bad bank, erases 525G debtmore

A Long Island couple is home free after an outraged judge gave them an amazing Thanksgiving present -- canceling their...

WestLB to Unload Assetsmore

...said it would unload $127.35 billion in assets from its balance sheet in a move that effectively creates Germany's...

Draft legislation for Irish "bad bank" National Asset Manage...more

Finance, Brian Lenihan, TD, today published the draft text of proposed legislation for the Irish "bad bank"...

The Banks are Insolvent more

Buy-out fund manager Mark Patterson won’t be high up on Tim Geithner’s Christmas card list this year. The chairman of...

PwC: ‘Bad banks’ should have key rolemore

Removing toxic assets from US and British banks’ balance sheets could be speeded up if the billions of dollars of...

Bad bank not such a good plan for Germany?more

The German government's plan to let the nation's banks transfer their troubled assets to a "bad bank" for up...

German cabinet agrees to 'necessary evil' of bad bankmore

THE GERMAN cabinet has agreed to a “bad bank” model it hopes will build trust among banks and boost liquidity in the...

Top Sources: Bad Bank

  • SeekingAlpha.com: Home Page
  • Gulfnews :business
  • Reuters: Most Read Articles
  • naked capitalism
  • ritholtz.com
  • Fort Wayne Politics
  • The Washington Times Daily
  • sobabyboomer.com
  • Alex Jones' Prison Planet.com
  • PIonline.com Latest Headlines

Most Active Users in this Topic

see all contributors in Bad Bank

Featured White Papers

Post a Job

Jobs in this Topic

Loan Officer - Representing the consumer not the banks... Freedom Financial Network | San Mateo, CA
Posted: May 22
Kitchen Staff (Cook 1) and (Server 1) Texas State Job Bank | Carrizo Springs, TX
Posted: Apr 30
Bad Debt Collector (Hospital Accounts) Ccs-south Florida | Oakland Park, FL
Posted: May 20
Bank Manager Associated Bank | Sister Bay, WI
Posted: May 25
Bad Debt/Collection Coordinator Exempla Healthcare | Broomfield, CO
Posted: May 9

Report comment contains invalid characters. ()
cancel
Search Cancel