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(AFX UK Focus) 2009-10-31 01:53 Feds to seize LA bank in 4th biggest failure -paperLOS ANGELES, Oct 30 (Reuters) - Regulators are expected to seize Los Angeles-based California National Bank on Friday in what would be the fourth-largest U.S. bank failure this year, the Los Angeles Times reported, citing unnamed sources. The Wall Street Journal reported this month that Minneapolis-based U.S. Bancorp was eyeing an acquisition of Cal National's parent, FBOP Corp: a private group ...
2009-10-31 - Interactive Investor