# List of banks acquired or bankrupted during the Great Recession

This is a list of notable financial institutions worldwide that were severely affected by the Great Recession centered in 2007–2009. The list includes banks (including savings and loan associations, commercial banks and investment banks), building societies and insurance companies that were:
* taken over or merged with another financial institution;
* nationalised by a government or central bank; or
* declared insolvent or liquidated.
| Announcement date | Acquired company | Acquirer | Type of company acquired | Value (USD, EUR and GBP) |
| January 3, 2007 | Ownit Mortgage Solutions | Chapter 11 bankruptcy and liquidation | Mortgage lender | |
| January 29, 2007 | American Freedom Mortgage | Chapter 11 bankruptcy and liquidation | Mortgage lender | |
| February 21, 2007 | First Merchant Bank | withdrawal of the concession | Offshore bank | |
| April 2, 2007 | New Century | Chapter 11 bankruptcy and liquidation | Mortgage lender | |
| August 6, 2007 | American Home Mortgage | Chapter 11 bankruptcy and liquidation | Mortgage lender | |
| August 31, 2007 | Ameriquest Mortgage | Chapter 11 bankruptcy and liquidation | Largest Subprime Mortgage lender | |
| September 28, 2007 | NetBank | ING Direct | Savings and loan association | $14,000,000 |
| October 9, 2007 | ABN AMRO | Royal Bank of Scotland Fortis Grupo Santander | Diversified financial services | €7×10^$^{10}$ |
| January 1, 2008 (became Subsidiary) | Landesbank Sachsen | Landesbank Baden-Württemberg | Landesbank | €328,000,000 |
| February 22, 2008 | Northern Rock | Government of the United Kingdom | Retail and mortgage bank | |
| April 1, 2008 | Bear Stearns, New York City | JPMorgan Chase, New York City | Investment bank | $2.2×10^$^9$ |
| June 7, 2008 | Catholic Building Society | Chelsea Building Society | Building Society | £51,000,000 |
| July 1, 2008 | Countrywide Financial, Calabasas, California | Bank of America, Charlotte, North Carolina | Mortgage lender | $4×10^$^9$ |
| July 14, 2008 | Alliance & Leicester | Grupo Santander | Retail and mortgage bank | £1.26×10^$^9$ |
| August 26, 2008 | Roskilde Bank | Danmarks Nationalbank (Danish Central Bank) | Retail bank | $896,800,000 (kr4,500,000,000) |
| September 5, 2008 | Silver State Bank | Federal Deposit Insurance Corporation | Commercial bank | |
| September 7, 2008 | Fannie Mae and Freddie Mac | Federal Housing Finance Agency | Secondary Mortgage Market | $2×10^$^{11}$ |
| September 8, 2008 | Derbyshire Building Society | Nationwide Building Society | Building society | £7.1×10^$^9$ |
| September 8, 2008 | Cheshire Building Society | Nationwide Building Society | Building society | £4.9×10^$^9$ |
| September 14, 2008 | Merrill Lynch, New York City | Bank of America, Charlotte, North Carolina | Investment bank | $4.4×10^$^{10}$ |
| September 16, 2008 | American International Group, New York City | Federal government of the United States | Insurance company | $1.82×10^$^{11}$ |
| September 17, 2008 | Lehman Brothers, New York City | Barclays | Investment bank | $1.3×10^$^9$ |
| September 18, 2008 | HBOS | Lloyds TSB | Diversified financial services | $2.185×10^$^{10}$ |
| September 26, 2008 | Washington Mutual, Seattle | JPMorgan Chase, New York City | Savings and loan association | $1.9×10^$^9$ |
| September 26, 2008 | Lehman Brothers | Nomura Holdings | Investment bank | $600,000,000 |
| September 28, 2008 | Bradford & Bingley | Government of the United Kingdom (Mortgage Assets) Banco Santander (Savings Liabilities) | Diversified financial services | £612,000,000 |
| September 28, 2008 | Fortis | Government of the Netherlands (Dutch assets including ABN AMRO) BNP Paribas (Belgian and Luxembourg assets) | Diversified financial services | €1.12×10^$^{10}$ |
| September 30, 2008 | Dexia | The Belgian, French and Luxembourg governments | Public finance and retail | |
| October 3, 2008 | Wachovia, Charlotte, North Carolina | Wells Fargo, San Francisco, California | Retail and investment banking | $1.5×10^$^{10}$ |
| October 7, 2008 | Landsbanki | Icelandic Financial Supervisory Authority | Commercial bank | |
| October 8, 2008 | Glitnir | Icelandic Financial Supervisory Authority | Commercial bank | |
| October 9, 2008 | Kaupthing Bank | Icelandic Financial Supervisory Authority ING Direct United Kingdom | Commercial bank | €1.14×10^$^9$ |
| October 9, 2008 | Bankwest (subsidiary of HBOS) | Commonwealth Bank | Bank | £1.2×10^$^9$ |
| October 13, 2008 | Sovereign Bank, Wyomissing, Pennsylvania | Banco Santander | Bank | $1.9×10^$^9$ |
| October 13, 2008 | Royal Bank of Scotland Group (up to 81.14% Bought) | Government of the United Kingdom | Bank | £2×10^$^{10}$ |
| October 13, 2008 | HBOS (up to 43.5% Bought) | Government of the United Kingdom | Bank | £1.3×10^$^{10}$ |
| October 13, 2008 | Lloyds TSB (up to 43.5% Bought) | Government of the United Kingdom | Bank | £4×10^$^9$ |
| October 17, 2008 | UBS | Swiss National Bank and the Federal administration of Switzerland | Bank | $5.92×10^$^{10}$ |
| October 22, 2008 | Barnsley Building Society | Yorkshire Building Society | Building society | £376,000,000 |
| October 24, 2008 | National City Bank, Cleveland, Ohio | PNC Financial Services, Pittsburgh, Pennsylvania | Bank | $5.58×10^$^9$ |
| October 24, 2008 | Commerce Bancorp, Cherry Hill, New Jersey | Toronto-Dominion Bank, Toronto, Ontario | Bank | $8.5×10^$^9$ |
| November 2, 2008 | Banco Português de Negócios | Government of Portugal | Bank | €6.305×10^$^9$ |
| November 4, 2008 | Scarborough Building Society | Skipton Building Society | Building Society | |
| November 8, 2008 | Parex Bank (51% controlling interest) | Government of Latvia | Bank | |
| November 21, 2008 | Downey Savings and Loan | US Bancorp | Savings and loan association | |
| November 2008 | London Scottish Bank | | Bank | |
| January 10, 2009 | IndyMac | IMB Management Holdings | Savings and loan association | $1.39×10^$^{10}$ |
| January 15, 2009 | Anglo Irish Bank | Government of Ireland | Bank | |
| February 3, 2009 | BTA Bank | Government of Kazakhstan | Bank | $2.1×10^$^9$ |
| February 3, 2009 | Alliance Bank | Government of Kazakhstan | Bank | |
| February 21, 2009 | Bank of Antigua | Eastern Caribbean Central Bank | Bank | |
| March 2, 2009 | HSBC Finance | shutdown of US consumer lending | Consumer finance | |
| March 9, 2009 | Straumur Investment Bank | Icelandic Financial Supervisory Authority | Investment bank | |
| March 9, 2009 | Dunfermline Building Society | Bank of England (social housing loans) Nationwide Building Society (savings, residential mortgages, branch network) | Building Society | |
| April 10, 2009 | Cape Fear Bank | Chapter 11 bankruptcy and liquidation | financial company | |
| April 10, 2009 | New Frontier Bank | Chapter 11 bankruptcy and liquidation | Bank | |
| April 17, 2009 | American Sterling Bank | Metcalf Bank | Bank | |
| April 24, 2009 | American Southern Bank | Georgia Department of Banking and Finance | Bank | $216,600,000 |
| May 8, 2009 | Stanford Bank Venezuela | Banco Nacional de Crédito | Bank | $111,000,000 |
| May 11, 2009 | Dresdner Bank | Commerzbank | Bank | |
| May 22, 2009 | Banco de Venezuela | Government of Venezuela | Universal bank | $1.05×10^$^9$ |
| May 28, 2009 | Bank Medici | withdrawal of the concession | Bank | |
| August 14, 2009 | Colonial Bank, Alabama | BB&T, North Carolina | Bank | |
| August 21, 2009 | Guaranty Bank, Texas | BBVA Compass, Alabama | Savings and loan association | |
| September 25, 2009 | Colonial Bancgroup | Chapter 11 bankruptcy and liquidation | Bank holding company | |
| October 5, 2009 | Hypo Alpe Adria Bank | Government of Austria | Bank, Mortgage lender | |
| October 21, 2009 | DSB Bank | | Bank, Insurance | |
| October 30, 2009 | Cal National Bank | US Bancorp | Consumer and business bank | |
| December 4, 2009 | AmTrust Bank | New York Community Bank | Bank | |
| December 14, 2009 | Hypo Real Estate | Government of Germany | Bank, Mortgage lender | |
| December 18, 2009 | First Federal Bank of California | OneWest Bank, California | Savings and loan association | $5×10^$^9$ |
| December 18, 2009 | Philippine American Life and General Insurance Company | American International Assurance | Insurance company | |
| February 24, 2010 | Chesham Building Society | Skipton Building Society | Building Society | £230,000,000 |
| April 15, 2010 | Banco Privado Português | Government of Portugal Bankruptcy and fraud | Bank | €41,000,000 |
| April 30, 2010 | EuroBancshares | OFG Bancorp | Universal bank | |
| May 24, 2010 | CajaSur | Banco de España | Savings and loan association | €550,000,000 |
| November 8, 2010 | Ambac | Chapter 11 bankruptcy and restructuring | Insurance company | |
| March 17, 2011 | Banco Filipino | Philippine Deposit Insurance Corporation | Savings and loan association | $191,800,000 (₱8,400,000,000) |
| September 30, 2011 | CatalunyaCaixa | Government of Spain | Savings and loan association | |
| October 31, 2011 | MF Global | US Securities and Exchange Commission | Diversified financial services | $4.3×10^$^{10}$ |
| November 23, 2011 | PMI Group | State of Arizona | Insurance company | |
| April 27, 2012 | Exportbank | Philippine Deposit Insurance Corporation | Commercial bank | $18,000,000 (₱750,000,000) |
| May 25, 2012 | Bankia | Government of Spain | Savings and loan association | €1.9×10^$^{10}$ |
| June 11, 2012 | FGIC | New York State Insurance Department | Insurance company | |
| June 30, 2012 | Western German state Bank | Portigon Financial Services (legal successor) | Landesbank | |