Your Search Returned 11 tagged news reports
Consumers rattled by the struggling economy and their own financial setbacks have a new resource — a Web site and other tools that were introduced Wednesday by the state's top financial officials in government, insurance, banking and consumer affairs....
Tags: Tallahassee, Alex Sink, Financial literacy, Consumer confidence, American Bankers Association, Insurance commissioner, Insurance, Bill Gunter, Business Finance
January to form a new association that will be based in Washington with roughly 200 member companies and organizations...The new organization will remain affiliated with ABA and will represent domestic and foreign-based companies involved in trade finance,...
Tags: BAFT-IFSA, International Financial Services Association, Iran, Bāft, American Bankers Association, Baft, Finance, Business Finance
Here are a few other companies that have changed their names to shed old identities: Accenture , formerly Arthur Anderson . The accounting and consulting firm changed its name after being convicted of obstruction of justice for shredding of documents...
Tags: GMAC Financial Services, GMAC Bank, Ally Bank, FDIC, ally banks, Wayne Abernathy, American Bankers Association, Iraq, Baghdad, Bank, Financial services, Cerberus Capital Management, GMAC, Financial institutions, Federal Deposit Insurance Corporation, Business Finance
AFL-CIO President Richard Trumka rallied thousands of people in downtown Chicago Tuesday to protest U.S. banks' practices and urge tougher regulations. With the American Bankers Association holding its annual convention in the city, Trumka lambasted the...
Tags: Chicago, Richard Trumka, AFL-CIO, wall street, American Bankers Association
Jesse Jackson, marched up Chicago's Michigan Ave. demanding banking reform. The march Tuesday came as the American Bankers Association held its annual conference in a downtown hotel. During a march that stretched for more than a block, participants chanted...
Activists from the Service Employees International Union, the AFL-CIO and Americans for Financial Reform interrupted the ABA meeting Sunday night. Protesters chant “We'll be back” as Police escort them out. The meeting is scheduled...
Tags: American Bankers Association, protesters, FDIC, AFL-CIO, Newt Gingrich, George Will
The Financial Times has reported that this year, US banks stand to receive a record $38.5 billion in fees for customer overdrafts, with a considerable portion of the revenue coming from the most financially stretched consumers in the midst of the worst...
Tags: the financial times, us banks, $38.5 billion, financially stretched consumers, worst recession, 1930s, doubled, 2000, the federal reserve, policies, overdraft fees, consumer protection agency, congress, moebs services, $26, mike moebs, 130 million, widespread, low credit scores, risk, $50 billion, citigroup, bank of america, jpmorgan chase, wells fargo, 90 days, $33, $6, $35 penalty, $350, bofa, $25, $32, consumer federation of america, suntrust bank, $36, $39, citizens bank, nessa feddis, american bankers association, eric halperin, center for responsible lending
The number one driver of delinquencies is job losses, which we've seen build and build," said James Chessen, the group's chief economist. "Delinquencies won't come down without a dramatic improvement in the economy and businesses will have to start hiring...
Tags: consumers loans, American Bankers Association, equity loans, continue rise, delinquency rate, loans delinquency, job losses, chief economist, U.S, loans rose
Financial Services, on Monday defended itself in an unusual spat with the American Bankers Association over the higher interest rates the lender is offering on its savings accounts. Al de Molina on Monday sent a letter to the ABA's leader calling the...
Tags: American Bankers Association, GMAC
Delinquency rates for home equity lines of credit and bank cards rose during the first quarter, the American Bankers Association reported Wednesday, citing ongoing housing market stress and general economic weakness.
Tags: American Bankers Association, bank cards, consumers loans, late payments, equity lines, delinquency rate, association reported, days past, cards rose