list of references but its sources remain unclear because it has insufficient inline citations . please help to improve this article by introducing more precise citations . february 2016 learn how and when to remove this template message bank of antigua type wholly owned subsidiary industry financial commercial banks founded 1981 headquarters st. john s antigua key people allen stanford parent stanford financial group website http web.archive.org web 20090218012958 http bankofantigua.com 80 bank of antigua was formed on the 10 february 1981 in st. john s antigua . it was owned by the stanford financial group which has been sued by the u.s. securities and exchange commission along with robert allen stanford the stanford financial group s owner for allegedly running a ponzi scheme . control of the bank was taken by eastern caribbean central bank on 20 february 2009 . 1 the bank has been renamed to the eastern caribbean amalgamated bank . 2 references edit 1 dead link eccb disposes stake in former stanford bank . central banking . retrieved 2016 02 10 . external links edit bbc antigua bank hit by fraud charge new york times bank of antigua allen flight to antigua cancelled v t e great recession by region africa americas united states south america asia europe oceania united states specific automotive industry crisis california budget crisis housing bubble housing market correction subprime mortgage crisis banking losses and fraud anglo irish bank hidden loans controversy libor scandal tom hayes soci t g n rale trading loss forex scandal se n fitzpatrick bernard madoff tom petters scott rothstein allen stanford government entities consumer financial protection bureau federal deposit insurance corporation federal home loan banks federal housing administration federal housing finance agency federal housing finance board federal reserve system government national mortgage association irish bank resolution corporation national asset management agency office of federal housing enterprise oversight office of financial stability uk financial investments government policy and spending responses banking and finance stability and reform anglo irish bank corporation act 2009 banking special provisions act 2008 china japan south korea trilateral summit commercial paper funding facility dodd frank wall street reform and consumer protection act emergency economic stabilization act of 2008 irish emergency budget 2009 irish budget 2010 irish budget 2011 irish budget 2012 irish budget 2013 temporary liquidity guarantee program term asset backed securities loan facility troubled asset relief program 2008 united kingdom bank rescue package bank stress tests eu u.s. stimulus and recovery 2008 european union stimulus plan 2008 09 keynesian resurgence american recovery and reinvestment act of 2009 chinese economic stimulus program economic stimulus act of 2008 fraud enforcement and recovery act of 2009 green new deal housing and economic recovery act of 2008 national fiscal policy response to the great recession zero interest rate policy government interventions rescues and acquisitions list of banks acquired or bankrupted during the great recession non banking chrysler general motors securities involved and financial markets auction rate securities collateralized debt obligations collateralized mortgage obligations credit default swaps mortgage backed securities secondary mortgage market social responses tea party protests united states ; 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