Banking And Credit


WASHINGTON - Florida banking regulators on Friday shut down Commerce Bank of Southwest Florida, marking the 124th U.S.
Senate panel to mull Bernanke nomination on Dec. 3
WASHINGTON - Federal Reserve Chairman Ben Bernanke's nomination to a second term will be the subject of a Senate Banking Committee hearing next month, the panel's chairman said Friday.

FRANKFURT - Although it is too early to say the crisis is over, it is time to withdraw some of the policy measures that supported the financial system through the credit crunch, the European Central Bank President Jean-Claude Trichet said Friday.

WASHINGTON - Banks borrowed slightly less from the Federal Reserve's emergency lending program over the past week, but increased their use of other credit programs designed to ease the financial crisis.

NEW ORLEANS - A Louisiana banking company sees the worst rash of bank failures in two decades as fertile ground to expand well beyond the state line.
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