But, as will be seen below, when defending bank-failure-related malpractice cases, auditors will seek to change the game through the use of affirmative defenses and by placing a sharp focus on causation.
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When bank customers lined up at California's Indymac Bank this week, we were reminded that bank failure is on the rise this year - five so far, and more are expected.
She also got her wish for resolution authority over important non-bank companies on the brink of failure.
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The Vatican Bank came under suspicion of money-laundering and failure to conform to international banking regulations during Benedict's pontificate, and its director was forced to resign last year after a stormy board meeting.
The crisis was precipitated by the near-failure of a locally owned bank, Parex, which enjoyed a lively offshore business taking deposits from Russians, some of which appear to have been lent, unwisely, to locals.
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The former heads of the two biggest UK casualties of the banking crisis - Royal Bank of Scotland and HBOS - apologised "profoundly and unreservedly" for their banks' failure.
All that said, the NAO's criticism of the nationalisation and break-up of the bank is largely restricted to a failure by the then Labour government to fully investigate the financial consequences of breaking up the bank into a so-called good bank and a bad bank.
Instead, he called for "a change of culture" in which bank staff were "rewarded for long-term success, not for failure".
The Treasury will be nationalising the provision of loans to small businesses through credit easing, because of the perceived failure of the semi-nationalised banks, Royal Bank of Scotland and Lloyds, to direct money where it is most needed.
The Italian central bank has suspended all bank card payments in the Vatican, citing its failure to implement fully anti-money laundering legislation, Italian media report.
We should perhaps also remember, the toughest ring fence in the world would not have prevented the failure of Northern Rock - which did not have any "risky investment bank activities" to speak of.
But because of a high drop-out rate, and its failure to meet student recruitment targets, South Bank has been obliged to cut academic jobs, and give back some of its grant to the Higher Education Funding Council for England, the primary government funding agency for universities.
The result has been a failure to make progress on the June commitment to re-examine the Irish bank debt.
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His failure to get ahead of the problems at AIG follows his botched unveiling of a bank-rescue plan.
Two other bank bosses have waived their bonuses this year follow scandals: Antony Jenkins following Barclays' admission of its involvement in rigging the multi-trillion-dollar Libor interest rate and Royal Bank of Scotland's Stephen Hester after a massive computer failure caused payments into customers' accounts to be delayed by several days.
At OneWest, formed by private-equity investors who bought IndyMac Bank assets and operations from the Federal Deposit Insurance Corp. after its failure in 2008, a spokeswoman said the thrift is working with Mr. Brooks on a variety of foreclosure issues, adding that it has worked with him over the past year.
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