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| Acquisitions | |||||||||||||||||||||||||
| 2>
Date acquisition is announced
Acquired company
Acquirer
Type of company acquired
Value (USD, EUR and GBP)
References
02008-02-22February 22, 2008
Northern Rock
Government of the United Kingdom
retail and mortgage bank
[1]
02008-04-01April 1, 2008
Bear Stearns, New York City
JPMorgan Chase, New York City
Investment bank
$&100000022000000000000002,200,000,000
[2]
02008-06-07June 7, 2008
Catholic Building Society
Chelsea Building Society
Building Society
£&1000000005100000000000051,000,000
[3]
02008-07-01July 1, 2008
Countrywide Financial, Calabasas, California
Bank of America, Charlotte, North Carolina
Subprime mortgage lender
$&100000040000000000000004,000,000,000
[4]
02008-07-14July 14, 2008
Alliance & Leicester
Grupo Santander
retail and mortgage bank
£&100000012600000000000001,260,000,000
[5]
02008-08-26August 26, 2008
Roskilde Bank
Danmarks Nationalbank (Danish Central Bank)
Retail bank
$&10000000896800000000000896,800,000 (kr4,500,000,000)
[6]
02008-09-07September 7, 2008
Fannie Mae and Freddie Mac
Federal Housing Finance Agency
Subprime mortgage lender
[7][8][9]
02008-09-08September 8, 2008
Derbyshire Building Society
Nationwide Building Society
Building society
£&100000071000000000000007,100,000,000
[10]
02008-09-08September 8, 2008
Cheshire Building Society
Nationwide Building Society
Building society
£&100000049000000000000004,900,000,000
[11]
02008-09-14September 14, 2008
Merrill Lynch, New York City
Bank of America, Charlotte, North Carolina
Investment bank
$&1000004400000000000000044,000,000,000
[12]
02008-09-16September 16, 2008 - Presumed
American International Group, New York City
United States federal governmentA
Insurance company
$&10000182000000000000000182,000,000,000
[13]
02008-09-17September 17, 2008 -
Lehman Brothers, New York City B
Barclays plc
Investment bank
$&100000013000000000000001,300,000,000
[14]
02008-09-18September 18, 2008
HBOS
Lloyds TSB
Diversified financial services
$&1000002185000000000000021,850,000,000
[15]
02008-09-26September 26, 2008
Washington Mutual, Seattle, Washington
JPMorgan Chase, New York City
Savings and loan association
$&100000019000000000000001,900,000,000
[16]
02008-09-26September 26, 2008
Lehman BrothersC
Nomura Holdings
Investment bank
$&100000000000000020000002
[17]
02008-09-28September 28, 2008
Bradford & BingleyD
Government of the United Kingdom (Mortgage Assets)
Grupo Santander (Savings Liabilities)
Diversified financial services
£&1000000001200000000000012,000,000
[18][19][20]
02008-09-28September 28, 2008
Fortis
Government of the Netherlands (Dutch assets including ABN AMRO)
BNP Paribas (Belgian and Luxembourg assets)
Diversified financial services
€&1000001120000000000000011,200,000,000
[21]
02008-09-30September 30, 2008
Dexia
The Belgian, French and Luxembourg governments
Public finance and retail
[22]
02008-10-03October 3, 2008
Wachovia, Charlotte, North Carolina
Wells Fargo, San Francisco, California F
Retail and investment banking
$&1000001500000000000000015,000,000,000
[23]
02008-10-07October 7, 2008
Landsbanki
Icelandic Financial Supervisory Authority
Commercial Bank
[24][25]
02008-10-08October 8, 2008
Glitnir
Icelandic Financial Supervisory Authority
Commercial bank
[26][27]
02008-10-09October 9, 2008
Kaupthing Bank
Icelandic Financial Supervisory Authority
Commercial bank
[28][29]
02008-10-09October 9, 2008
BankWest (subsidiary of HBOS)
Commonwealth Bank of Australia
Bank
£&100000012000000000000001,200,000,000
[30]
02008-10-13October 13, 2008
Sovereign Bank, Wyomissing, Pennsylvania
Banco Santander SA
Bank
$&100000019000000000000001,900,000,000
[31]
02008-10-22October 22, 2008
Barnsley Building Society
Yorkshire Building Society
Building society
£&10000000376000000000000376,000,000
[32]
02008-10-24October 24, 2008
National City Bank, Cleveland, Ohio
PNC Financial Services, Pittsburgh, Pennsylvania
Bank
$&100000055800000000000005,580,000,000
[33]
02008-10-24October 24, 2008
Commerce Bancorp, Cherry Hill, New Jersey
Toronto-Dominion Bank, Toronto, Canada
Bank
$&100000085000000000000008,500,000,000
[34]
02008-11-04November 4, 2008
Scarborough Building Society
Skipton Building Society
Building Society
[35]
02009-01-10January 10, 2009
IndyMac Federal Bank
IMB Management Holdings
Savings and loan association
$&1000001390000000000000013,900,000,000
[36]
02009-01-15January 15, 2009
Anglo Irish Bank
Government of the Republic of Ireland
Bank
[37]
02009-02-03February 3, 2009
BTA Bank
Government of Kazakhstan
Bank
$&100000021000000000000002,100,000,000
[38]
02009-02-03February 3, 2009
Alliance Bank
Government of Kazakhstan
Bank
[38]
02009-02-21February 21, 2009
Bank of Antigua
Eastern Caribbean Central Bank
Bank
[39]
02009-03-09March 9, 2009
Straumur Investment Bank
Icelandic Financial Supervisory Authority
Investment Bank
[40]
02009-03-09March 9, 2009
Dunfermline Building Society
Bank of England (social housing loans)
Nationwide Building Society (savings, residential mortgages, branch network)
Building Society
[41]
02009-03-29March 29, 2009
Caja de Ahorros Castilla La Mancha
Banco de España
Savings and loan association
€&100000090000000000000009,000,000,000
[42]
02009-12-18December 18, 2009
Philippine American Life and General Insurance Company
American International Assurance
Insurance company
[43]
02010-02-24February 24, 2010
Chesham Building Society (100% Bought)
Skipton Building Society
Building Society
£&10000000230000000000000230,000,000
[44]
02010-05-24May 24, 2010
CajaSur
Banco de España
Savings and loan association
€&10000000550000000000000550,000,000
[45]
[edit] Tags:Financial Crisis Of 2007–2010,Banks,Commercial Banks,Investment Banks,Building Societies,Insurance Companies,United States,Federal Deposit Insurance Corporation,Merrill Lynch,Bank Of America,Bear Stearns,Jpmorgan Chase,Countrywide Financial,Indymac Bank,Bridge Bank,Lehman Brothers,Chapter 11 Bankruptcy Protection,United Kingdom,Banking (special Provisions) Act 2008,Northern Rock,Bradford & Bingley,Ing Direct,Usd,Eur,Gbp,Government Of The United Kingdom,New York City,Investment Bank,Catholic Building Society,Chelsea Building Society,Building Society,Calabasas, California,Charlotte, North Carolina,Alliance & Leicester,Grupo Santander,Roskilde Bank,Danmarks Nationalbank,Kr,Fannie Mae,Freddie Mac,Federal Housing Finance Agency,Derbyshire Building Society,Nationwide Building Society,Cheshire Building Society,American International Group,United States Federal Government,Insurance,Barclays Plc,Hbos,Lloyds Tsb,Washington Mutual,Seattle, Washington,Savings And Loan Association,Nomura Holdings,Fortis,Government Of The Netherlands,Abn Amro,Bnp Paribas,Dexia,Wachovia,Wells Fargo,San Francisco, California,Landsbanki,Icelandic Financial Supervisory Authority,Glitnir,Kaupthing Bank,Bankwest,Commonwealth Bank Of Australia,Sovereign Bank,Wyomissing, Pennsylvania,Banco Santander Sa,Barnsley Building Society,Yorkshire Building Society,National City Bank,Cleveland, Ohio,Pnc Financial Services,Pittsburgh, Pennsylvania,Bank,Commerce Bancorp,Cherry Hill, New Jersey,Toronto-dominion Bank,Toronto, Canada,Scarborough Building Society,Skipton Building Society,Indymac Federal Bank,Imb Management Holdings,Anglo Irish Bank,Government Of The Republic Of Ireland,Bta Bank,Government Of Kazakhstan,Bank Of Antigua,Eastern Caribbean Central Bank,Straumur Investment Bank,Dunfermline Building Society,Bank Of England,Caja De Ahorros Castilla La Mancha,Banco De España,Philippine American Life And General Insurance Company,American International Assurance,Chesham Building Society,Cajasur,Her Majesty's Government,Royal Bank Of Scotland Group,List Of Acquired Or Bankrupt United States Banks In The Late 2000s Financial Crisis,Icesave,Iceland,Her Majesty's Treasury,Kaupthing Singer & Friedlander,London Scottish Bank,Parex Bank,Latvia,Hipotēku Banka,Latvian Government,Golas Bank,Minsk,Us$,Reuters,Dead Link,U.s. Subprime Mortgage Crisis,Impact Timeline,United States Housing Bubble,Government Policies,Indirect Economic Effects,Wall Street Reform,Property Derivatives,2007–2012 Global Financial Crisis,2008–2012 Global Recession,List Of Countries By Public Debt,Icelandic Outvasion,European Sovereign-debt Crisis,Timeline,List Of Entities Involved In 2007–2008 Financial Crises,Business Failures,Subprime Mortgage Crisis,Writedowns,United States Housing Market Correction,January 2008 Société Générale Trading Loss Incident,2008–11 California Budget Crisis,2008–2012 Irish Banking Crisis,Automotive Industry Crisis Of 2008–2010,Belgium,Ireland,Russia,Spain,Ukraine,Africa,Americas,Asia,Europe,Commercial Paper Funding Facility,Emergency Economic Stabilization Act Of 2008,Troubled Asset Relief Program,Term Asset-backed Securities Loan Facility,Temporary Liquidity Guarantee Program,2008 United Kingdom Bank Rescue Package,China–japan–south Korea Trilateral Summit,Anglo Irish Bank Corporation Act 2009,2009 Irish Emergency Budget,National Asset Management Agency,2010 Irish Budget,2011 Irish Budget,2012 Irish Budget,Dodd–frank Wall Street Reform And Consumer Protection Act,Eu,Us,List Of G-20 Summits,2008–2009 Keynesian Resurgence,National Fiscal Policy Response To The Late 2000s Recession,Housing And Economic Recovery Act Of 2008, | |||||||||||||||||||||||||
| British banking rescue scheme | 3>
Her Majesty's Government announced a scheme to acquire stakes in 3 of the largest UK banks. The schemes for HBOS and Lloyds TSB were conditional on the merger between the 2 banking groups going ahead.
Date acquisition is announced
Acquired company
Acquirer
Type of company acquired
Value (USD, EUR and GBP)
References
02008-10-13October 13, 2008
Royal Bank of Scotland Group (up to 63% Bought)
Government of the United Kingdom
Bank
£&1000002000000000000000020,000,000,000
[46][47]
02008-10-13October 13, 2008
HBOS (up to 43.5% Bought)
Government of the United Kingdom
Bank
£&1000001300000000000000013,000,000,000
[46][47]
02008-10-13October 13, 2008
Lloyds TSB (up to 43.5% Bought)
Government of the United Kingdom
Bank
£&100000040000000000000004,000,000,000
[47]
[edit] | Tags: United Kingdom | 3>
Banks that have been put into administration; or the assets have been transferred to another bank under the provisions of the Banking (Special Provisions) Act 2008. Building Societies (or parts thereof) placed into administration under the Building Society Special Administration Procedure.
Date
Company
Deposits and/or branches taken by
Type of company bankrupt or closed
References
02008-10-09October 9, 2008
Icesave (subsidiary of Landsbanki (Iceland))
Her Majesty's TreasuryG
Online savings bank
02008-10-08October 8, 2008
Kaupthing Singer & Friedlander (subsidiary of Kaupthing Bank (Iceland))
placed in administration
Corporate investments and private banking
02008-10-08October 8, 2008
Heritable Bank (subsidiary of Landsbanki (Iceland))
ING DirectG
Private banking
02008-10-08October 8, 2008
Kaupthing Edge (division of Kaupthing Singer & Friedlander)
ING DirectH
Online savings bank
02008-12-01December 1, 2008
London Scottish Bank
placed in administration
Bank
[48]
02009-03-29March 29, 2009
Dunfermline Building Society
non core business (social housing) transferred to the Bank of England, core business transferred to the Nationwide
Building Society
[49]
[edit] | Tags: Latvia | 3>
Date
Company
Deposits and/or branches taken by
Type of company bankrupt or closed
References
02008-11-08November 8, 2008
Parex Bank (Latvia)
Hipotēku banka (owned by Latvian government)
Bank
[50]
02008-11-08November 8, 2008
Golas Bank (Minsk)
Hipotēku banka (owned by Latvian government)
Investment Bank (subsidiary of Parex Bank)
[51]
[edit] | Tags: Notes | 2>
^A Acquired a nearly 80% share in exchange for a US$85 billion loan, yet to be approved by acquiree's shareholders.[13]
^B Only trading assets, trading liabilities, and head offices were acquired.[14]
^C Only European and Middle Eastern equities and investment banking operations were acquired.[17]
^D Grupo Santander only acquired the savings portion of Bradford & Bingley; the company's loan portfolio was nationalised by the UK government.[52]
^E Only retail and investment banking subsidiaries will be acquired if the Citigroup deal took place.[53]
^F Wells Fargo made a second agreement that cancelled out the Citigroup deal. Citigroup is taking legal action.[23]
^G Per the The Heritable Bank plc Transfer of Certain Rights and Liabilities Order 2008
^H Per the The Kaupthing Singer & Friedlander Limited Transfer of Certain Rights and Liabilities Order 2008
[edit] | Tags: References | 2>
^ "UK government nationalised Northern rock". BBC. 2008-02-17. http://news.bbc.co.uk/2/hi/business/7249575.stm.
^ White, Ben (May 29), "Bear Stearns passes into Wall Street history", Financial Times, http://www.ft.com/cms/s/0/d42c01d2-2d8d-11dd-b92a-000077b07658.html?nclick_check=1
^ Steve Hodge (2008-09-05). "Catholic society offers merger bonuses". Financial Times. http://www.ft.com/cms/s/0/a6cf2028-7b73-11dd-b839-000077b07658.html.
^ Associated Press (2008-07-01). "Bank of America completes deal for Countrywide Financial". San Jose Mercury News. http://www.mercurynews.com/breakingnews/ci_9752884.
^ "Santander agrees £1.2bn A&L deal". BBC News. 14 July 2008. http://news.bbc.co.uk/1/hi/business/7504822.stm. Retrieved 2008-07-14.
^ McLaughlin, Kim; Peter Levring (2008-08-26). "Danish central bank buys out ailing Roskilde bank". Reuters (Thomson Reuters). http://www.reuters.com/article/bankingFinancial/idUSLP56732520080826. Retrieved 2008-10-05.
^ Lockhart, James B., III (2008-09-07). "Statement of FHFA Director James B. Lockhart". Federal Housing Finance Agency. http://www.ofheo.gov/newsroom.aspx?ID=456&q1=0&q2=0. Retrieved 2008-09-07.
^ "Fact Sheet: Questions and Answers on Conservatorship" (PDF). Federal Housing Finance Agency. 2008-09-07. http://www.ofheo.gov/media/PDF/FHFACONSERVQA.pdf. Retrieved 2008-09-07. [dead link]
^ Goldfarb, Zachary A.; David Cho and Binyamin Appelbaum (2008-09-07). "Treasury to Rescue Fannie and Freddie: Regulators Seek to Keep Firms' Troubles From Setting Off Wave of Bank Failures". Washington Post: pp. A01. http://www.washingtonpost.com/wp-dyn/content/article/2008/09/06/AR2008090602540.html?hpid=topnews. Retrieved 2008-09-07.
^ "Mergers of Nationwide with The Derbyshire and The Cheshire Building Societies". 2008-09-08. http://www.thederbyshire.co.uk/About_Us.aspx?id=1645.
^ "The Cheshire to merge with Nationwide". 2008-09-08. http://www.thecheshire.co.uk/about-us/group-information/merger-with-Nationwide.htm.
^ Matthew Karnitschnig; Carrick Mollenkamp, Dan Fitzpatrick (2008-09-14). "Bank of America Reaches Deal for Merrill". The Wall Street Journal. http://online.wsj.com/article/SB122142278543033525.html?mod=special_coverage.
^ a b Edmund L. Andrews, et al. (2008-09-16). "Fed’s $85 Billion Loan Rescues Insurer". The New York Times. http://www.nytimes.com/2008/09/17/business/17insure.html.
^ a b BBC, et al. (2008-09-17). "Judge approve 1.3 billion deal". BBC. http://news.bbc.co.uk/2/hi/business/7626624.stm.
^ AP (2008-09-18). "Lloyds TSB confirms deal to take over HBOS PLC". International Herald Tribune. http://www.iht.com/articles/ap/2008/09/18/business/EU-Britain-HBOS.php.
^ BBC, et al. (2008-09-26). "Regulator sells WaMu to JPMorgan Chase". BBC News. http://news.bbc.co.uk/2/hi/business/7637026.stm.
^ a b KyodoNews (2008-09-26). "Nomura pays only $2 for Lehman Brothers European unit". JapanToday. http://www.japantoday.com/category/business/view/nomura-pays-only-2-for-lehman-brothers-european-unit.
^ "Banco Santander SA buys the banking assets of Bradford & Bingley". Bloomberg. 2008-09-29. http://www.bloomberg.com/apps/news?pid=20601102&sid=aTBJa4IvamJc&refer=uk.
^ "Santander scraps UK bank brands". BBC News. 2009-05-27. http://news.bbc.co.uk/1/hi/business/8069648.stm. Retrieved 2009-05-27.
^ Hosking, Patrick (2009-05-28). "Three familiar high street banks lose their names to Santander". The Times (London). http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6375099.ece. Retrieved 2010-05-08.
^ Clark, Nick (2008-09-30). "Fortis gets €11bn lifeline from three governments". London: The Independent. http://www.independent.co.uk/news/business/news/fortis-gets-euro11bn-lifeline-from-three-governments-946218.html. Retrieved 2008-09-30.
^ "Second Belgian bank gets bail-out". BBC News. 2008-09-30. http://news.bbc.co.uk/2/hi/business/7643638.stm. Retrieved 2008-09-30.
^ a b David Mildenberg, Josh Fineman (2008-10-03). "Wells Fargo merger with Wachovia". Bloomberg. http://www.bloomberg.com/apps/news?pid=20601087&sid=a4UquBXzRO48&refer=home.
^ The Financial Supervisory Authority - Iceland, News: Based on New Legislation, the Icelandic Financial Supervisory Authority (IFSA) Proceeds to take Control of Landsbanki to ensure Continued Commercial Bank Operations in Iceland (07.10.2008)
^ Landsbanki Íslands, Press release: Landsbanki's Operations Continued Under Unchanged Management (October 07, 2008)
^ The Financial Supervisory Authority - Iceland, News: Based on New Legislation, the Icelandic Financial Supervisory Authority (FME) Proceeds to take Control of Glitnir to ensure Continued Commercial Bank Operations in Iceland (08.10.2008)
^ Glitnir Bank, News: Glitnir's Operations Continued – Lárus Welding to continue as CEO (08.10.2008)
^ The Financial Supervisory Authority - Iceland, News: Based on New Legislation, the Icelandic Financial Supervisory Authority (FME) Proceeds to take Control of Kaupþing to ensure Continued Commercial Bank Operations in Iceland (09.10.2008)
^ Kaupthing Bank, Press release: Kaupthing Bank turns to the Icelandic FSA (2008.10.09)
^ Australian assets sale boosts HBOS funds
^ "Spanish bank to buy Sovereign - $1.9B". CNN Money. 2008-10-13. http://money.cnn.com/2008/10/13/news/companies/sovereign_deal/index.htm. Retrieved 2008-10-17.
^ "Barnsley Building Society rescued". BBC News. 2008-10-22. http://news.bbc.co.uk/1/hi/business/7683576.stm. Retrieved 2008-10-22.
^ Mark Calvey (2008-10-24). "PNC buy troubled National Bank". San Francisco Business Times. http://www.bizjournals.com/sanfrancisco/stories/2008/10/20/daily88.html.
^ "Canadian Bank buy Commerce". Philadelphia Business Journal. 2008-10-30. http://www.bizjournals.com/philadelphia/stories/2008/10/27/daily35.html.
^ Evans, Richard (2008-11-04). "Scarborough merger with Skipton". London: telegraph.co.uk. http://www.telegraph.co.uk/finance/3373786/No-windfalls-for-members-as-building-societies-merge.html. Retrieved 2010-05-08.
^ Morgenson, Gretchen (2009-01-10). "Indymac finds a buyer". New York Times. http://www.nytimes.com/2009/01/11/business/11gret.html. Retrieved 2010-05-08.
^ "Irish bank set to be nationalised". BBC News. 2009-01-16. http://news.bbc.co.uk/1/hi/business/7832203.stm. Retrieved 2010-05-08.
^ a b Kramer, Andrew E. (2009-02-03). "Kazakhstan Takes Control of 2 Banks". The New York Times. http://www.nytimes.com/2009/02/03/business/worldbusiness/03kazakh.html. Retrieved 2010-05-08.
^ "Stanford bank in Antigua seized". BBC News. 2009-02-21. http://news.bbc.co.uk/2/hi/business/7902667.stm. Retrieved 2010-05-08.
^ http://www.ft.com/cms/s/0/22db4400-0c86-11de-a555-0000779fd2ac.html
^ "Nationwide takes over Dunfermline". BBC News. 2009-03-30. http://news.bbc.co.uk/1/hi/scotland/7971244.stm. Retrieved 2010-05-08.
^ http://news.yahoo.com/s/afp/20090329/bs_afp/spainfinancebankingbankcompanycastilla3rdlead
^ http://www.abs-cbnnews.com/business/12/18/09/aia-group-completes-acquisition-philamlife AIA Group completes acquisition of Philamlife
^ Evans, Richard (2010-02-24). "Skipton Building Society to merge with rival Chesham". The Daily Telegraph (London). http://www.telegraph.co.uk/finance/personalfinance/building-societies/7306217/Skipton-Building-Society-to-merge-with-rival-Chesham.html. Retrieved 2010-05-08.
^ "Cajasur bank bail-out prompts euro falls". BBC News (London). 2010-05-24. http://news.bbc.co.uk/2/hi/10145716.stm. Retrieved 2010-06-01.
^ a b Royal Bank of Scotland under state control
^ a b c http://www.dailymail.co.uk/news/article-1076715/Were-bankers-Taxpayer-ends-running-banks--Barclays-goes-alone.html Taxpayer Ends Up Running Three Top Banks
^ Neligan, Myles (2008-12-01). "UPDATE 3-London Scottish Bank enters administration". Reuters (Thomson Reuters). http://www.reuters.com/article/rbssBanks/idUSL127622420081201. Retrieved 2008-12-01.
^ [1]
^ Lannin, Patrick (2008-11-08). "Latvia takes over 2nd largest bank as crisis hits". Reuters. http://www.reuters.com/article/bondsNews/idUSL860214520081108. Retrieved 2008-11-08.
^ "Minsk maters, at least if your a banker.". Reuters. 2008-11-08. http://www.reuters.com/article/bondsNews/idUSL860217520081108. Retrieved 2008-11-08. [dead link]
^ "HIGHLIGHTS-Britain nationalises Bradford & Bingley". Reuters. 2008-09-29. http://www.reuters.com/article/economicNews/idUSBINGLEY20080929. Retrieved 2008-09-29.
^ Ellis, David (2008-09-29). "Citigroup buys Wachovia bank assets for $2.2B". CNN. http://money.cnn.com/2008/09/29/news/companies/wachovia_citigroup/index.htm. Retrieved 2008-09-29.
v
t
e
U.S. subprime mortgage crisis
Background and timeline
Background information · Impact timeline
Causes
United States housing bubble / housing market correction · Role of credit rating agencies · Government policies
Impacts
2007–2012 global financial crisis · Writedowns · Indirect economic effects
Responses
Economic Stimulus Act of 2008 · Housing and Economic Recovery Act of 2008 · Emergency Economic Stabilization Act of 2008 · Dodd–Frank Wall Street Reform and Consumer Protection Act · Acquired or bankrupt banks in the late 2000s financial crisis · Capital Assistance Program · Capital Purchase Program · Federal Reserve responses · Federal takeover of Fannie Mae and Freddie Mac · Government intervention · Homeowners Affordability and Stability Plan · Hope Now Alliance · Loan modification · Public-Private Investment Program for Legacy Assets · Regulatory responses · Supervisory Capital Assessment Program · Tea Party protests · Term Asset-Backed Securities Loan Facility · Troubled Asset Relief Program · Wall Street reform
Related topics
Error accounts · Financial position of the United States · Foreclosure rescue scheme · Property derivatives
v
t
e
2007–2012 global financial crisis
2008–2012 global recession
List of countries by public debt
Precursors
United States housing bubble
Icelandic outvasion
Specific issues
European sovereign-debt crisis (timeline)
List of entities involved in 2007–2008 financial crises (acquired or bankrupt banks; business failures)
Subprime mortgage crisis (timeline; writedowns)
United States housing market correction
January 2008 Société Générale trading loss incident
2008–11 California budget crisis
2008–2012 Irish banking crisis
Automotive industry crisis of 2008–2010
By country (or region)
Belgium
Greece
Iceland
Ireland
Latvia
Russia
Spain
Ukraine
Africa
Americas
United States
Asia
Europe
Oceania
Government policy and spending responses
Banking and finance
stability and reform
Banking (Special Provisions) Act 2008
Commercial Paper Funding Facility
Emergency Economic Stabilization Act of 2008
Troubled Asset Relief Program
Term Asset-Backed Securities Loan Facility
Temporary Liquidity Guarantee Program
2008 United Kingdom bank rescue package
China–Japan–South Korea trilateral summit
Anglo Irish Bank Corporation Act 2009
2009 Irish emergency budget
National Asset Management Agency
2010 Irish budget
2011 Irish budget
2012 Irish budget
Dodd–Frank Wall Street Reform and Consumer Protection Act
Bank stress tests
EU
US
Summits and meetings
List of G-20 summits
Stimulus and recovery
2008–2009 Keynesian resurgence
National fiscal policy response to the late 2000s recession
Housing and Economic Recovery Act of 2008
Economic Stimulus Act of 2008
Chinese economic stimulus program
2008 European Union stimulus plan
American Recovery and Reinvestment Act of 2009
Fraud Enforcement and Recovery Act of 2009
Green New Deal
Companies and banking institutions
Companies in bankruptcy,
reorganization, administration,
or other insolvency proceedings
(listed alphabetically)
Air America Radio
Allco Finance Group
American Freedom Mortgage
American Home Mortgage
Arena Football League
Babcock & Brown
BearingPoint
Bennigan's
Bernard L. Madoff Investment Securities LLC
BI-LO (United States)
Blockbuster Inc.
Borders Group
Boscov's
Charter Communications
Chrysler (Chapter 11 reorganization)
Circuit City Stores
CIT Group
Citadel Broadcasting
Conquest Vacations
DSB Bank
Eastman Kodak
Eddie Bauer
FairPoint Communications
Friendly's Ice Cream
General Growth Properties
General Motors (Chapter 11 reorganization)
G.I. Joe's
Great Southern Group
Hostess Brands
Icesave
Kaupthing Singer & Friedlander
KB Toys
Lehman Brothers (bankruptcy)
Linens 'n Things
Mervyns
Midway Games
Movie Gallery (Hollywood Video)
NetBank
New Century
Nortel
Petters Group Worldwide
Real Mex Restaurants
R. H. Donnelley
Rothstein Rosenfeldt Adler
Saab Automobile
Sbarro
Sentinel Management Group
Silicon Graphics
Stanford Financial Group
Sun-Times Media Group
Syms Corporation (Filene's Basement)
Terra Securities (scandal)
Thornburg Mortgage
Tribune Company
Tweeter Opco, LLC
Uno Chicago Grill
Washington Mutual
Waterford Wedgwood
Woolworths Group
Yamato Life
Government interventions,
rescues, and acquisitions
(listed alphabetically)
ACC Capital Holdings
Allied Irish Banks
American International Group
Anglo Irish Bank (nationalisation)
Bank of America
Bank of Antigua
Bank of Ireland
Bear Stearns
Bradford & Bingley
Chrysler
Citigroup
CL Financial
Dexia
Fannie Mae (takeover)
Fortis
Freddie Mac (takeover)
General Motors
Glitnir
HBOS
Hypo Real Estate
IndyMac Federal Bank
ING Group
Kaupthing Bank
Landsbanki
Northern Rock (nationalisation)
Parex Bank
The Royal Bank of Scotland Group
Straumur Investment Bank
U.S. Central Credit Union
Company acquisitions
(listed alphabetically)
Alliance & Leicester
Ameriquest Mortgage
Barnsley Building Society
Bear Stearns
Blockbuster Inc.
Cheshire Building Society
Countrywide Financial
Derbyshire Building Society
Dunfermline Building Society
HBOS
Merrill Lynch
National City Corp. (acquisition by PNC)
Scarborough Building Society
Sovereign Bank
Wachovia
Washington Mutual
Other topics
Alleged frauds
and fraudsters
Nicholas Cosmo
Fairfield Greenwich Group
Seán FitzPatrick (Anglo Irish Bank hidden loans controversy)
Paul Greenwood
Angelo Mozilo
Arthur Nadel
Kazutsugi Nami (Enten controversy)
Stanford Financial Group (Allen Stanford; James M. Davis; Laura Pendergest-Holt)
Barry Tannenbaum
UBS
Stephen Walsh
Proven or admitted
frauds and fraudsters
Marc Stuart Dreier
Joseph S. Forte
Norman Hsu
Du Jun
Bernard Madoff (Madoff investment scandal; Frank DiPascali; David G. Friehling)
Tom Petters
Raj Rajaratnam (Galleon Group)
Scott W. Rothstein
Mahindra Satyam (Satyam scandal; Byrraju Ramalinga Raju)
Related entities
Federal Deposit Insurance Corporation
Federal Home Loan Banks
Federal Housing Administration
Federal Housing Finance Agency
Federal Housing Finance Board
Federal Reserve System
Government National Mortgage Association
Office of Federal Housing Enterprise Oversight
Office of Financial Stability
UK Financial Investments Limited
United States Consumer Financial Protection Bureau
Securities involved
and financial markets
Auction rate securities
Collateralized debt obligations
Collateralized mortgage obligations
Credit default swaps
Mortgage-backed securities
Secondary mortgage market
Social reactions
2008 Greek riots
2009 California college tuition hike protests
2009 Icelandic financial crisis protests
2009 May Day protests
2010 French pension reform strikes
2010 UK student protests
2010–2012 Greek protests
2011 United Kingdom anti-austerity protests
2011 United States public employee protests
PIIGS
Tea Party protests
Occupy movement
Other
Effects of the late-2000s financial crisis on museums
2000s energy crisis (2008 Central Asia energy crisis)
2007–2008 world food price crisis
Future of newspapers
Retrieved from "http://en.wikipedia.org/w/index.php?title=List_of_acquired_or_bankrupt_banks_in_the_late_2000s_financial_crisis&oldid=463049186"
Categories: 2008 in economicsLate-2000s financial crisisLists of banksHidden categories: All articles with dead external linksArticles with dead external links from October 2010Articles with dead external links from August 2010
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This page was last modified on 29 November 2011 at 05:54.
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