Guaranty Financial Guaranteed To Be Closed – Second Biggest Bank Failure In 2009

Lending Losses Doom Guaranty Financial Although not formally announced by the banking regulators, it looks virtually certain that Guaranty Financial will be closed on Friday.   Numerous reports indicate that Guaranty Financial will be taken over by Banco Bilbao Vizcaya Argentaria SA of Spain in an FDIC assisted transaction.  As was the case with the closing […]