Town & Country Bank agrees to reduce problem loans (The Kansas City Star)
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Town & Country Bank in Leawood has agreed to reduce its problem loans and diversify its loan portfolio. The $105 million-asset bank at 135th Street and Roe Avenue submitted to a cease-and-desist order by federal and state banking regulators following a bank examination in February.
China bank loans to top 1 trillion yuan in June (AFP via Yahoo! News)
Chinese banks are likely to hand out a total 1.2 trillion yuan (175.7 billion dollars) in new loans in June despite warnings by regulators against irresponsible lending, state media reported.
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