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How can a bank CEO sign off on earnings?

A Pulitzer Prize-winning business columnist for the Washington Post was having an interactive Q&A with readers when the issue of the financial crisis and Sarbanes-Oxley came up. One reader wrote:... Read more...

Press Releases

Fitch Affirms PartnerRe's Ratings; Outlook Negative

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has affirmed the ratings of PartnerRe Ltd. (PartnerRe). The Rating Outlook is Negative. A full rating list is shown below. The affirmation follows an updated Read more >>

Madison National Bancorp, Inc. Reports Second Quarter 2010 Results Highlighted by Solid Earnings

Performance HighlightsSolid Earnings: Net income for the second quarter was $208,303 or $.06 per share compared with a net loss of $778,298 or $.21 per share for the first quarter of 2010.Improved Read more >>

Fitch Affirms UMB Financial Corp's IDR at 'A+; Outlook Stable

CHICAGO--(BUSINESS WIRE)-- Fitch Ratings has affirmed UMB Financial Corporation (UMBF) and its principal banking subsidiary, UMB Bank N.A., long-term Issuer Default Ratings (IDR) of 'A+' and the Read more >>

Secured Financial Network, Inc. Announces $417,500 Reduction in Convertible Debt with No Shareholder Dilution

POMPANO BEACH, Fla.--(BUSINESS WIRE)-- Michael E. Fasci, Secured Financial Network, Inc.'s (OTCBB:SFNL) Chief Financial Officer, today released an update on the Company’s financial position. Mr. Read more >>

Capitol Bancorp Reports Second Quarter 2010 Results

LANSING, Mich. and PHOENIX, Aug. 16 /PRNewswire-FirstCall/ --Bank Divestiture Activities Continue with Ten Transactions PendingSix Regional Consolidations CompletedTotal Assets of $4.7 BillionFour Read more >>