CLEVELAND, Ohio -- Nearly a year after federal regulators told AmTrust Bank to shape up or else, the bank's finances have only gotten worse. Yet, the Office of Thrift Supervision has taken no action ...

It's unusual for a bank holding company to file bankruptcy before a bank is seized or sold, experts say. Such a move usually comes afterward. Robert Serino, a former bank regulator for 29 years, said ...

A legal battle is brewing between the parent company of Cleveland's AmTrust Bank and the federal regulators who took over the failing thrift late last year. Processing Content In court papers filed ...

AmTrust Bank has sold its three Lake County branches to First Place Bank, based in Warren, for nearly $7 million. The sale is the second time this year beleaguered AmTrust has unloaded branches. In ...

The parent company of Cleveland's AmTrust Bank, filed for bankruptcy protection Monday, casting doubt on the future of the bank's more than 60 branches. AmTrust Financial Corp., the corporate parent ...

AmTrust Financial Corp. and New York Community Bank are playing tug of war in court over the financial records of AmTrust Bank. After ordering that NYCB provide AmTrust Financial with immediate access ...

AmTrust Bank suffered a $120.9 million loss in the second quarter, dropping the bank further from the capital ratio requirements that federal regulators demanded of it last year. The Cleveland-based ...

The latest collapses bring the bank failure tally to 130 for the year. One of these, AmTrust, was no normal bank failure. The bank, which had a total of 66 branches, was closed by the Office of Thrift ...

“Failed bank” is a literal description in that it applies to the bank in question and not its depositors. Westbury, N.Y.-based New York Community Bank’s recent purchase of AmTrust Bank is no different ...

SAN FRANCISCO (MarketWatch) -- Cleveland-based AmTrust Bank, with 66 branches and roughly $8 billion in deposits, was closed by regulators Friday, as the ongoing credit crunch continued to claim ...

AmTrust Financial Corp., the parent company of Cleveland-based AmTrust Bank, said it has filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code. AmTrust Bank is not included in the ...