Failure

11 entries

Baring Bank

FailureEvent1762

Britains oldest merchant bank, founded in 1762 by Francis Baring. The bank financed the Louisiana Pu...

Continental Illinois

FailureEvent1984

The failure of Continental Illinois National Bank in 1984 was the largest bank failure in US history...

Washington Mutual

FailureEvent2008

The largest bank failure in US history. Washington Mutual, a Seattle based savings and loan, failed ...

Northern Rock

FailureEvent2007

The first British bank run in 150 years. Northern Rock, a building society turned bank based in Newc...

IndyMac Bank

FailureEvent2008

IndyMac Bank, a Pasadena based mortgage lender, failed on July 11, 2008, the fourth largest bank fai...

Drexel Burnham

FailureEvent1971

Drexel Burnham Lambert was a Wall Street investment bank that pioneered the junk bond market under M...

Bear Stearns

FailureEvent1923

Bear Stearns, founded in 1923, was the fifth largest investment bank in the US. The firm was known f...

Long-Term Capital Management Bank

FailureEvent1994

Long-Term Capital Management was a hedge fund that operated like a bank, borrowing over 100 billion ...

Bank of United States 1930 Detail

FailureEvent1930

The Bank of United States failure on December 11, 1930, was a pivotal moment in the Great Depression...

Signature Bank Failure

FailureEvent2023

Signature Bank of New York failed on March 12, 2023, two days after Silicon Valley Bank. Signature h...

Dexia Bank Failure

FailureEvent2011

Dexia, a Belgo French bank, failed in 2011 after passing European stress tests just months earlier. ...