Washington: United Commercial Bank, a big San Francisco bank with branches in China, was closed by state regulators on Friday and its banking operations were acquired by East West Bancorp Inc, also active in both nations. Full Article at DNA India

In the current jobless recovery, people are running out of unemployment benefits before they find job openings. Some may look to starting a small business of their own, but who would loan them money without a track record? Full Article at The Seattle Times

For more than a year, we've been chronicling companies that appear to be on their deathbeds. As we note, not every company will give up the ghost. Full Article at Motley Fool

Bronx Council on the Arts may soon take an even more active role in the revitalization of Westchester Square. It is in talks to purchase a building that was formally a Washington Mutual bank branch. Full Article at New York Post

Speaking at the BancAnalysts Association of Boston conference, JPMorgan's head of retail Charlie Scharf Thursday projected the $329.3 billion portfolio would diminish by another 10% or 15% in 2010 as the company works to jettison bad loans from... Full Article at The Street

All the world’s a stage, And all the men and women merely players They have their exits and their entrances And one man in his time plays many parts —Shakespeare The greatest action is not conforming with the world’s ways… The greatest effort... Full Article at Energy Bulletin