Two subsidiaries of First National of Nebraska, Omaha, made major announcements recently. First National Investment Banking announced the opening of its new Public Finance Department, and First National Bank of Omaha unveiled its first branch in Council Bluffs, Iowa. David Cota, senior managing director, First National Capi- tal Markets, said the new Public Finance Department will sig- nificantly strengthen the ...

The US Treasury has shut down two affiliated western banks as the impact of the US real estate crash rolls through the country's financial institutions. Late Friday, the Treasury's Office of the Comptroller of the Currency took over First Heritage Bank of Newport Beach, California, and First National Bank of Nevada, based in Reno, Nevada, declaring both undercapitalized ...

A dozen bystanders rushed in to help a 70-year-old man after he stumbled leaving a Southern California bank, causing thousands of dollars to scatter in the wind. Ludwig Geier says hundreds of bills were "gone in no time," flying through the air and littering the First ...