The number of Florida banks at risk of folding has more than doubled in the past few months, according to a Coral Gables rating agency. ...more

March 18, 2009

Tampa As Cuban Gateway It is not a question of if the United States will allow Americans unrestricted travel to Cuba; it is a question of when the United States will grant all Americans this right. When our laws change, Tampa International Airport and the Tampa Port Authority should become the primary U.S. gateways to Cuba. We need to be ready before other cities grab this opportunity. Miami, Los Angeles and New York are the only cities in the United States that currently offer nonstop flights to Cuba. ...more

March 8, 2009

The head of the Federal Deposit Insurance Corp. has warned that the fund insuring Americans' bank deposits could be wiped out this year without the money the agency is seeking in new fees from U.S. banks and thrifts. ...more

March 5, 2009

Zale Jewelry Closing 115 Stores Zale Corp., the Dallas-based jeweler, will close 115 underperforming stores across the country in the next 18 months, but it wasn't clear how many will close in the Tampa Bay area. A spokeswoman for Zale said the company will reveal that information shortly before each store closes. ...more

February 27, 2009

The Obama administration hopes to restore confidence in the nation's ailing financial sector by subjecting 19 of the largest banks to "stress tests" that will gauge whether each institution has adequate capital to survive a severe downturn. ...more

February 26, 2009

President Barack Obama's assurance Tuesday that his mortgage-relief plan will only benefit deserving homeowners appears to be a stretch. ...more

February 25, 2009

President Barack Obama is expected to roll out a plan today meant to keep struggling families from losing their homes. ...more

February 18, 2009

Nine Florida banks, including one in the Tampa Bay area, have applied for and received $164 million in bailout money under the federal government's $700 billion rescue package of financial institutions, according to the latest data from the U.S. Treasury Department. ...more

February 10, 2009

Federal regulators have closed three banks — one each in Utah, Florida and Maryland — bringing to six the total number of failures this year. ...more

January 30, 2009

WASHINGTON (AP) - A seven-member group of investors has agreed to buy the remnants of failed lender IndyMac Bank, a symbol of the U.S. housing boom and bust, for $13.9 billion, federal regulators said Friday. ...more

January 4, 2009