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7 Jun 2010, 8:04 am
As well, employees were forced to work without meal breaks or rest periods, in violation of both state and federal statutes against it. [read post]
14 Oct 2011, 3:23 pm
The last FDIC-insured institution closed in the state was The Bank of Asheville, Asheville, on January 21, 2011. [read post]
28 Nov 2014, 6:00 am
Editor's Note: The following post comes to us from Rakhi Kumar, Head of Corporate Governance at State Street Global Advisors, and is based on an SSgA publication; the complete publication, including appendix, is available here. [read post]
8 Dec 2008, 9:35 pm
“In a sign of increased government leverage in the affairs of companies, Illinois Governor Rod Blagojevich said the state would stop doing business with Bank of America until it restored credit to Republic Windows & Doors, a company in Chicago that closed when the bank cancelled its credit line. [read post]
26 Oct 2010, 9:38 am
Yet when we ask to see their credit report, they file appeals in the United States Supreme Court preventing us from seeing it. [read post]
26 Mar 2007, 9:00 pm
In case the bank will be a branch of a foreign bank, the branch must provide the Central Bank with a guarantee of its head office stating that the head office shall guarantee all liabilities of the Branch. [read post]
1 Feb 2023, 5:11 am
Afghan central bank assets in the United States were frozen by President Biden following the Taliban’s takeover of the government in August 2021. [read post]
1 Feb 2018, 5:48 am
Passed by a vote of 397-8, the MOBILE Act would allow a bank to scan and retain personal information from a state-issued driver’s license or personal identification card when an individual seeks to open an account online or obtain a financial product or service online. [read post]
2 Sep 2008, 11:03 am
The head of Korea Development Bank said Tuesday that the state-owned lender is in discussions about potentially acquiring troubled U.S. investment bank Lehman Brothers as part of a larger investment group. [read post]
16 Jan 2009, 11:38 am
In a report released Friday on the state of the banking industry, the firm sees the government playing a major role in helping financial institutions and other investors acquire failing banks before they collapse. [...] [read post]
23 Jan 2023, 2:59 am
Only a few months ago, CFG Bank probably was best known for being one of Maryland’s larger banks, the fifth largest in the state. [read post]
7 Mar 2007, 4:56 am
Swiss bank UBS said it had exposure to troubled United States subprime lender New Century Financial, becoming the latest European bank to become embroiled in the U.S. mortgage market, Reuters reported. [read post]
29 Jan 2007, 4:51 am
A Credit Suisse private-banking executive said his firm is interested in buying a trust bank in the United States, Financial News reported. [read post]
19 Jul 2010, 3:26 am
North American Financial Holdings, run by the former chief of Bank of America's investment banking unit, bought three failed United States lenders, as the number of banks taken over by the Federal Deposit Insurance Corporation this year hit 96, Bloomberg News reported. [read post]
6 Apr 2009, 8:34 am
Michael Mayo, the prominent bank analyst who recently left Deutsche Bank to join a unit of Calyon, initiated coverage of 11 large banks in the United States, assigning all of them "underperform" or "sell" ratings. [read post]
9 Jul 2012, 10:40 am
The Palestinians, 2.5 million of whom live in the West Bank, claim the West Bank for a future state and have refused to continue peace... [read post]
15 Jun 2011, 6:17 am
Editor’s Note: René Stulz is a Professor of Finance at Ohio State University. [read post]
9 Apr 2014, 4:39 am
The Bank and Bennett moved to dismiss for lack of personal jurisdiction and also for failure to state a claim upon which relief can be granted. [read post]
11 Dec 2010, 3:30 am
Schottenstein (J.D. 2011, Ohio State) has published Note, Is Bank Secrecy Still Bankable? [read post]
23 Aug 2011, 3:41 pm
Bank of America has since issued an apology and stated that they hope to “have a response to them shortly. [read post]
