colonial bancgroup

It's no secret that the financial sector is struggling. Even so, new figures from the Federal Deposit Insurance Corp.'s so-called secret list of troubled banks show an industry in increasing distress. The number of banks on the regulator's confidential watch list increased by 33% in the third...

Since the beginning of 2009, 72 banks have failed; based on an analysis done by Bloomberg, 150 more are at risk. The culprit is all-too-familiar: according to the Bloomberg study, these endangered banks are in trouble because five percent or more of the loans they hold are nonperforming. That means...

Which bank will be the next to fail? Of course, it's impossible to know for sure. But with losses mounting, some lenders have been forced to admit they're in dire condition. Guaranty Financial Group (GFG) made headlines late last week when it said it was "probable" that regulators would seize its...