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13 billion in assets and market valuation of $88 billion. Yet for two of the major industry's companies to compete, they offer incentives to their clients -- which is the money paid out to partners so the partners will keep using their cards.
As bankers and politicians argued again whether to split the Royal Bank of Scotland into a good and a bad bank, a key issue has made few headlines -- what governments have given banks with one hand they have taken away with the other.
The Mutt and Jeff Bandits ended up stealing more than $150,000 in cash and checks from 13 banks in 1963, before and after the time John Jennings managed his son's Canoga Park-Woodland Hills Pony League All Star team.
November 3 The Kansas City Star Kansas City is making modest headway in dealing with thousands of vacant and decrepit houses. More News But it's also becoming increasingly clear that the pace of progress is so slow that the crisis won't be solved by
Now the head of women's networking organisation 85 Broads, she says she's grateful she was fired. From 2007-2011, Ms Krawcheck held prominent roles at banks Citigroup and Merrill Lynch. Those positions made her, arguably, the highest ranking woman on
paying huge legal settlements has become a way of corporate life since the mortgage meltdown that caused the financial crisis. Though other big banks have also faced many lawsuits over mortgages and mortgage-based investments gone bad, only JPMorgan
Then your job was given to someone, somewhere else, who could do it cheaper. But what if instead of a low-wage worker in China, you were replaced by a low-wage worker in Florida, who was sitting at a desk, staring into a camera and doing your old job
Morley November 23, 1925-October 17, 2013 Resident of Carmel, CA Jack R. Morley, who was chairman of FinanceAmerica Corp., formerly a wholly owned subsidiary of the Bank of America Corp., and who led many of the bank's businesses, later serving as
That is unless you're a business owner trying to connect with a small business loan. In that case, Bank of America's actions imply you're better off disconnected. Small business lending The Small Business Administration (SBA) administers a handful of
announced today unaudited net income of $473,000 ($0.19 per share) for the third quarter ended September 30, 2013, a 38% increase from the same quarter last year...OB ) announced today unaudited net income of $473,000 ($0.19 per share) for the third