Banks

Washington -- State attorneys general say U.S. regulators could hamper an economic recovery by coming down hard on community banks.

There are three areas of the market that I've been scouring for undervalued stocks recently: banks, oil, and small caps. Why these three in particular? Here's my rationale for each (as well as some specific stock ideas).

Washington -- Regulators say they shut down banks in Florida, Maryland, Illinois and Utah, raising to 26 the number of U.S. bank failures this year.

There seems to be no end to bank failures in the nation. Reeling under the effects of recession, four more banks have been shut down by federal regulators Friday, bringing the tally to 26 for this year.

Washington -- Bank failures in Carson City, Nev., and Tacoma, Wash., brought to 22 the number of U.S. banks to be closed so far this year, officials said.

Washington -- Lending by U.S. banks fell in 2009 to $587 billion, down 7.5 percent from 2008, the Federal Deposit Insurance Corp. said Tuesday.

San Diego -- The number of U.S. financial institutions shuttered in 2010 increased to 20 with the closures of four banks in separate states, authorities said.

Beijing, China, December 27 -- In an interview with China's official press agency, Xinhua, Chinese Premier Wen Jiabao said the government would keep a check on its property market and track illegal activities related to housing prices.

Building good credit has always been very important. The business’ future with banks and clients is dependent on its creditworthiness.