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Capmark Financial Group Inc. Contributes $600 Million of Capital to Capmark Bank.

Publication: Business Wire
Publication Date: 05-OCT-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Capmark Bank Agrees to Cease and Desist Orders

HORSHAM, Pa. -- On October 2, 2009, Capmark Bank, the wholly-owned Utah industrial bank subsidiary of Capmark Financial Group Inc. (the "Company"), agreed with each of the Federal Deposit Insurance Corporation (the "FDIC") and the Utah Department of Financial Institutions (the "UDFI") to the entry of Orders to Cease and Desist, dated and effective October 2, 2009 (collectively, the "Orders").

The Orders require Capmark Bank to...

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