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Michael Burry, who famously shorted subprime mortgages during the 2008 financial crisis, is making a big new bet on regional banks. His hedge fund Scion Asset Management loaded up on $23.4 million ...
More US regional banks are taking a step that was unthinkable more than a year ago in the aftermath of the Silicon Valley Bank failure: selling underwater bonds at a loss.
Beal Bank was founded on March 10, 1988 in Dallas, TX by Andrew Beal. [1] [7] [8] It began with $3 million in capital and a single branch in Carrollton, Texas.[9] [10] During the savings and loan crisis, the bank purchased assets and real estate from failing banks and the Resolution Trust Corporation, a government-owned company that liquidated real estate and savings-and-loan assets.
Texas First Bank; Texas State Bank; U. Union State Bank, Florence; V. Vantage Bank Texas; Vista Bank (Dallas) W. Waggoner National Bank of Vernon; Western National Bank;
Short sellers targeting a key regional U.S. bank exchange-traded fund have made $977 million on paper so far in 2024, data from analytics firm Ortex showed, as troubles at New York Community ...
Nexbank is an American regional bank that is headquartered in Dallas, Texas.It is state-chartered and overseen by the Federal Deposit Insurance Corporation (FDIC). [1] The bank provides financial services in institutional banking, commercial banking, and mortgage banking and is based in Texas, where it has three branches.
Comerica , a regional bank in Dallas, said its deposits fell 9% during the first three months of the year. Zions ( ZION ), a Salt Lake City lender, said they dropped 3.4%.
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