New Approaches for Acquiring
Distressed Banks

Feb. 15, 2011

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Financial institutions often consider acquiring the assets of a distressed bank when looking for low cost sources of growth or new market penetration opportunities. McGladrey and Resolution Asset Management (RAM), a subsidiary of Cantor Fitzgerald, invite you to learn about new strategies and opportunities for acquiring distressed banks, including the intricacies, pitfalls, transfers and due diligence involved in FDIC-assisted transactions.

Michael Sher, head of the McGladrey Transaction Support Services Group, will discuss how the FDIC disposes of assets acquired from failed institutions. He offers an in-depth knowledge of how the bank-closing process works earned through leading the receivership assistance McGladrey provides to the FDIC.

Louis Dubin, president of RAM, will address how banks can acquire whole banks with loss-sharing directly from the FDIC. He brings RAM's expertise in assisting acquiring banks in the management, servicing and resolution of assets acquired from failed institutions as well as its knowledge of compliance under loss share agreements with the FDIC.

The discussion is certain to be both engaging and useful. Deadline for registration is February 11.