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Charlotte: Following is the Profile of Heather Endresen Managing Director, SBA Lending of Bank of America Corporation: Ms. Heather Endresen is Managing Director, SBA Lending for the Banc of California. [...]

FOLSOM, Calif: Mr. Howard J. Dangerfield has joined the Board of Directors of Folsom Lake Bank. Mr. Dangerfield is a veteran banker with many years experience in the banking industry. [...]

To the Editor: Your support for the United States Court of Claims decision ordering the Government to pay $909 million to Glendale Federal Bank, a California savings association that nearly […]

A Federal judge ordered the Government on Friday to pay $23 million in damages to a California savings association in a decision that mirrored a ruling in a similar case […]

Following are excerpts from a ruling by Chief Judge Loren A. Smith of the United States Court of Federal Claims ordering the Government to pay $909 million to Glendale Federal […]

Two large California savings and loans, one controlled by Ronald O. Perelman, the financier, agreed yesterday to merge, forming the nation's third-largest savings and loan, but leaving Mr. Perelman with […]

SANTA MONICA, Calif. -- First Federal Bank of California, the wholly-owned subsidiary of FirstFed Financial Corp. (NYSE:FED) and the fourth largest Los Angeles-based financial institution(a), today announced the appointments of [...]

Glendale Federal Bank offered to settle its longstanding suit against the Federal Government yesterday for $1.5 billion and lend the money to people of low and moderate income. Glendale, based […]

Glendale Federal Bank said yesterday that it would buy the servicing rights to a $12 billion fixed-rate mortgage loan portfolio from Citicorp for an undisclosed amount. Glendale, a savings and […]

JACKPOT! That was the reaction among investors yesterday after the Supreme Court cleared the way for some of the nation's savings and loans to pursue billions of dollars in damage […]

NEW YORK -- Citigroup Inc. (NYSE:C) announced that the 60-day period for exercise of the Litigation Tracking Warrants (the 'LTWs') expired at 5:00 p.m., New York City time, on June [...]

NEW YORK -- As announced by Citigroup (NYSE:C) in a news release issued on April 5, 2005, the 60-day exercise period for Citigroup's Litigation Tracking Warrants (the 'LTWs') will end [...]

NEW YORK -- Citigroup Inc. announced that a 'Triggering Event' with respect to its Litigation Tracking Warrants (the 'LTWs') has occurred and that the 60-day period for exercise of the [...]

SAN FRANCISCO -- Citibank (West), FSB announced today that the United States Supreme Court denied its petition for a writ of certiorari in Glendale Federal Bank v. United States, an [...]

Glendale Federal Bank, one of the nation's largest savings institutions, said yesterday that it would sell its entire holdings of collateralized mortgage obligations and record an after-tax loss of about […]

GLENDALE FEDERAL BANK, Glendale, Calif., a savings institution, agreed to buy 13 branches, $820 million in deposits and about $490 million in real estate loans from Union Federal Bank of […]

Glendale Federal Bank signed a definitive agreement yesterday to sell its Washington unit, University Savings Bank, to First Interstate Bancorp for $190.4 million plus a few months of the unit's […]

Glendale Federal Bank said today that it had signed definitive agreements to sell $226 million in nonperforming and classified real estate loans and other properties to four bidders. Included in […]

Glendale Federal Bank has signed an agreement to sell its Florida franchise of 60 branches for $243.5 million cash to Barnett Banks, Florida's largest banking company, the two companies said […]

COOPER ROLLS, Houston, the joint venture of Rolls-Royce P.L.C. and Cooper Industries, said it had received orders for gas compressors worth $39 million. BIOMEDICAL WASTE SYSTEMS INC., Boston, said it […]

Glendale Federal Bank said yesterday that it had raised $451 million in what it called the largest private-sector bailout of a savings institution ever. Among the investors are members of […]

In the largest private-sector bailout of a distressed savings and loan, GlenFed Inc. said yesterday that it had completed a plan to raise $425 million in new capital. Shareholders of […]

A Federal appeals court yesterday reversed a 1992 ruling that would have forced the Government to pay the nation's sixth-largest savings and loan as much as $1.4 billion. The 2-to-1 […]

The Glendale Federal Bank, a division of GlenFed Inc., filed documents today to back its claim for $1.38 billion in damages in a case against the Federal Government. The case, […]

Business Editors SAN FRANCISCO--(BUSINESS WIRE)--Aug. 5, 2002 Golden State Bancorp (NYSE:GSB), parent of California Federal Bank (Cal Fed), today said it is heartened by the decision by the U.S. Court [...]

The Glendale Federal Bank, the nation's fifth-largest savings and loan, said today that it had reached an accord with leading bondholders that would allow the troubled bank to raise $100 […]

GlenFed Inc. said today that it lost $26 million in its fourth quarter and $120.9 million for the fiscal year as real estate problems continued, though the losses were narrower […]

In a case with important implications for the savings and loan industry, a Federal judge ruled today that one of the nation's largest savings and loans deserves potentially millions of […]

GlenFed Inc. said today that it might fail to post a third-quarter profit and likely would not be able to meet Federal standards for financial soundness. GlenFed, which lost $232 […]

WESTLAKE VILLAGE, Calif., Aug. 10 /PRNewswire/ -- E-ppraisal Inc., a venture automating the residential appraisal process on the Internet, today announced that John Haynes, the former Executive Vice President and [...]

GLENDALE, Calif.--(BUSINESS WIRE)--June 2, 1998-- New loan to offer low introductory rate; Bank lets small firms know 'we're here to do business' Glendale Federal Bank is again raising the stakes [...]