Bernanke: Banks need to bolster risk management Chicago Tribune WASHINGTON - Commercial banks and other financial institutions need to beef up their ability to detect and protect themselves against risks like the credit and mortgage debacles, Chairman said Thursday. | The trio of crises -- housing, credit and financial -- have exposed weaknesses in financial fir...
SECU Credit Union of Maryland goes mobile with new banking service Business Journal > | SECU Credit Union of Maryland said Wednesday it was offering mobile banking to its members. | Mobile banking is a wireless Internet-based service that allows consumers to bank from a Web-enabled phone. | SECU's system is encrypted using the Wireless Transport Layer Security protocol, considered ...
Private equity firms wary of regulations in U.S. bank buyouts International Herald Tribune | : Private equity firms are searching for ways to invest in U.S. banks and thrifts while avoiding restrictions that bar owners of these institutions from other businesses. | As bank stocks sink and leveraged buyout deals dry up amid the global credi...
Bank robber who pined for prison loses appeal San Fransisco Chronicle | (05-15) 14:30 PDT SAN FRANCISCO -- | A week after being paroled for bank robbery, Horace Bordelon returned to the same downtown Oakland bank and held it up again in 2004. His defense at trial? He robbed the bank only so he could return to the routi...
Bank of America, Wells Fargo Start Electronic-Payment Venture Wall Street Journal | Bank of America Corp. and Wells Fargo & Co. are joining forces to create a platform that handles electronic payments as more customers use online banking to pay bills. | The new entity, called Pariter Solutions LLC, will be the country's largest pr...
Emerald Bank buying Westerville Commercial Savings branch Business Journal > M&A bank deals bubble into frenzied pace [Columbus] Getting online: Some banks slow to add service [Columbus] Emerald Bank looks ahead after 1st year slow start [Columbus] Benchmark banking on a higher profile [Columbus] Northeast Ohio bank buying ...
WN/Patricia
KFC banks on China amid US slowdown China Daily (Agencies) | Updated: 2008-05-08 09:00 | With a possible US recession looming, Colonel Sanders is turning to China to fill the breach, offering a menu of fried dough and preserved ...
Yahoo and Bank of America weigh on stocks International Herald Tribune | : U.S. stocks fell Monday as oil prices surged over $120 a barrel and doubts about Bank of America's plan to purchase the largest U.S. mortgage lender suggested the economy's woe...
Kentucky Fried Chicken banks on China International Herald Tribune | : With a possible U.S. recession looming, Colonel Sanders is turning to China to increase sales, offering a menu of fried dough and preserved egg porridge alongside the chicken t...
Vectra Bank Colorado reorganizes business units Business Journal > Two Tabor start moved to summer [Denver] Vectra's Colorado index drops for April [Denver] Credit crunch may mean bank consolidation [Denver] | Vectra Bank Colorado on Thursday said it is reorganizing its business units. | The Denver-based bank, par...
Former Royal Bank employee guilty of $4.3-million fraud Canada Dot Com | MONTREAL - A former bank employee has been found guilty of 46 counts of defrauding her employer, the Royal Bank of Canada, of a total of $4.3 million. | Quebec Court Judge Jean-Pierre Boyer said Thursday Josie Cioffi knew when she conspired with he...
Bernanke: Banks must get better at foreseeing risk Examiner WASHINGTON (Map, News) - Commercial banks and other financial institutions need to beef up their ability to detect and protect themselves against risks like the credit and mortgage debacles, Federal Reserve Chairman Ben Bernanke said Thursday. | The ...
Ohio joins nationwide leaders with health-care VC firm presence Business Journal > | Ohio has built a strong presence in the Midwest with its share of health-care-focused venture-capital firms, but data from Cleveland's BioEnterprise Corp. indicate it has risen to the ranks of the national leaders as well. | The Cleveland-based biosciences business incubator reported that the state's 27 health-care venture-capital firms place i...
Leading article: How to weather the financial storms The Independent | The economic news around much of the rich world is causing policymakers sleepless nights, but there was at least one source of optimism out there yesterday. According to Germany's Federal Statistics Office, the eurozone's largest economy is growing at its fastest rate since 1996. German gross national product expanded by 1.5 per cent in the first...
