Record Earnings Announced by County Commerce Bank for 4th Quarter 2011

County Commerce Bank , Ventura County’s award winning bank and the only community bank headquartered in Ventura and Santa Barbara Counties to earn the Five Star “Superior” award by BauerFinancial, Inc., reported record earnings for the year ending December 31, 2011.

Community banks: An endangered species

Connecticut’s community banks have held up relatively well during the economic downturn of the past few years with no bank failures and only a spat of merger activity.

Fitch: Sharp Rise Expected in Cost to Service Mortgage Loans

Fitch Ratings says housing recovery in the U.S. has been unhurried, and banks have been forced to shoulder higher foreclosure expenses. Fitch feels increased foreclosure costs comb

Analysts expect consolidation in telecom sector after 2G verdict

The Supreme Court's decision to cancel 122 2G licences on Thursday would hasten the process of consolidation in the business of mobile telephony, say telecom industry experts.

Bonds Show Crisis Return When ECB Loans Expire

European Central Bank President Mario Draghi’s unlimited three-year loans to euro-region banks may give Italy and Spain only temporary respite from the region’s debt crisis.