Getting out while the getting is good at National City
It’s been a tough few days for National City (NCC), the large Cleveland-based bank that has offices in 9 states. Yesterday, it took the unusual step of issuing this release to say that the bank was still solvent and that there was no
July 14 (Bloomberg) — Washington Mutual Inc., the biggest US savings and loan, and National City Corp., Ohio's largest bank, led the steepest-ever decline in the two-decade history of an index of bank stocks after IndyMac Bancorp
As for National City (NCC, Fortune 500), shares fell more than 14.7% Monday amid talk that the Cleveland-based bank was on the verge of collapse. National City will report its second-quarter results next week, and analysts are
Case Number: 3:2008cv00499. Illinois Southern District Court. - Negotiable Instrument. Filed: July 14, 2008. Plaintiff: Abdus Salaam Luqman Defendant: National City Bank.
Shares of National City Corp. plunged Monday amid broad fears about the health of the nation's regional banks, and the company was forced to issue a statement reassuring investors of its soundness. The Cleveland-based bank,
http://www.breitbart.com/article.phpshow_article=1 Yikes — I know lots of people who have deposits with them.
The New York Stock Exchange briefly halted trading of National City Corp. shares around noon to allow the Cleveland bank to address its plummeting stock price. The bank issued a statement to reassure investors that nothing unusual was
Washington Mutual Inc., the biggest US savings and loan, and National City Corp., Ohio’s largest bank, led the steepest decline in bank stocks in almost two decades after IndyMac Bancorp Inc.’s collapse spurred concern more lenders are
National City has been among those hit hardest by rising mortgage defaults. It recently raised $7 billion in cash to shore up its capital base. The bank said the recent cash infusion has helped it to maintain a strong capital ratio.
National City (NCC), the struggling Cleveland-based bank whose shares are trading at an 18-year low, says it isn’t the next IndyMac (IMB). The bank, in a statement issued Monday, said it is ”experiencing no unusual depositor or creditor
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