Friday, October 23, 2015

This Week in Bank Failures

Banks in Greece are preparing their capital plans as the Greece bailout process focuses on recapitalizing banks during November.

Deutsche Bank now says it will focus mainly on its corporate finance and global transaction clearing and will sell, shut down, or minimize the other parts of its business.

The U.S. House is preparing for a vote to revive the Export-Import Bank. The bank was forced to stop conducting business earlier this year when the House leadership refused to allow a reauthorization vote.