The bank executive at the center of one of the largest bank failures in recent years will spend the next 8 years in prison for his part in a scheme that cost the American taxpayers more than $300 ...

-- Federal authorities filed criminal and civil fraud charges Tuesday against former executives of San Francisco's United Commercial Bank, accusing them of hiding losses that led to the bank's ...

A former senior officer with United Commercial Bank accused of covering up losses will admit guilt to one or more criminal charges filed in a federal grand jury indictment in October 2011. The San ...

Ebrahim Shabudin, former chief operating officer and chief credit officer at United Commercial Bank in San Francisco, has been sentenced to 97 months in prison for securities fraud related to the bank ...

San Francisco-based United Commercial Bank has become the first recipient of TARP bailout money to be shut down by the FDIC. Last year, regulators approved a $299 million taxpayer-funded injection ...