Thursday, July 7, 2011

Commonwealth Directed to Return to Adequate Levels of Capital - MarketWatch (press release)

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Commonwealth Directed to Return to Adequate Levels of Capital

MarketWatch (press release)


... of Governors") and the Bank executed a Prompt Corrective Action Directive (the "Directive"), effective July 1, 2011, requiring the Bank return to adequate levels of capital in 30 days, or such additional time as the Board of Governors may permit. ...



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