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9 Sep 2010, 7:59 am
David Neithercut, CEO of Equity Residential, the nation’s largest multi-family landlord, believes that there is a “psychology change” in the mind of consumers. [read post]
9 Sep 2010, 5:40 am
Two months later, AmSouth Bank succeeded First American National Bank as the loan holder. [read post]
8 Sep 2010, 6:46 am
An alternative model but with the same problem is something like Citicorp, in the glory days as it tried to become the global consumer banking firm; my wife worked for it in NY, and I had many friends who worked for its various units in Europe, Asia, and Latin America. [read post]
8 Sep 2010, 2:57 am
: The massive Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, which Congress enacted this past July, represents the most significant reform of financial regulation in decades. [read post]
7 Sep 2010, 8:58 pm
An alternative model but with the same problem is something like Citicorp, in the glory days as it tried to become the global consumer banking firm; my wife worked for it in NY, and I had many friends who worked for its various units in Europe, Asia, and Latin America. [read post]
6 Sep 2010, 8:00 pm
Class actions are expensive and time-consuming propositions. [read post]
4 Sep 2010, 11:45 am
European authorities have reached a consensus on legislation creating a European financial regulatory framework with separate regulators for securities, banking and insurance, as well as a European Systemic Risk Board similar to the Financial Stability Oversight Council created by the Dodd-Frank Wall Street Reform and Consumer Protection Act. [read post]
3 Sep 2010, 10:39 am
National Australia Bank Ltd., U.S., No. 08-1191 (decided June 24, 2010) held that the principal antifraud provisions of the U.S. securities laws, Section 10(b) of the Exchange Act and Rule 10b-5 thereunder, apply only to transactions in securities that take place in the United States or transactions in securities listed on a U.S. securities exchange. [read post]
3 Sep 2010, 8:31 am
And such a high rate of foreclosures could have a seriously detrimental effect on the overall economy: Less money, less spending: Consumers who are struggling to make mortgage payments are likely to spend less in other areas, meaning that consumer-supported economic growth may be weak. [read post]
2 Sep 2010, 7:00 am
Consumers may fall for one of these professional cards thinking it gives them prestige, not realizing that small business credit has little protection against unfair or deceptive practices," Lauren Saunders of the National Consumer Law Center said. [read post]
2 Sep 2010, 3:41 am
There is no insurance equivalent of a national bank, and an insurer seeking to do business in all 50 states and the District of Columbia must apply for and obtain 51 separate licenses, and thereafter comply with myriad specific laws and regulations of each of those 51 jurisdictions. [read post]
1 Sep 2010, 12:44 pm
The inhabitants have been resigned to the wind's onslaught for centuries, and their poverty is apparent.But today the wind of history has turned in the villagers' favour.California Legislature passes energy storage billThe California Legislature has passed the nation's first energy storage bill, which could result in the state's utilities being required to bank a portion of the electricity they generate.Assembly Bill 2514 (AB 2514) now heads to the desk of Gov. [read post]
1 Sep 2010, 7:29 am
As time passes, consumers will want larger, newer, better houses. [read post]
31 Aug 2010, 9:42 pm
” said Rick Wise, an analyst at Leerink Swann, a health care investment bank. [read post]
31 Aug 2010, 4:30 pm
In August, the National Association of Insurance Commissioners issued a consumer alert about retained asset accounts. [read post]
31 Aug 2010, 11:14 am
A report by Fitch Ratings illustrates that, in a worst-case scenario, the buybacks may result in a combined loss of between $17 billion and $42 billion for the nation’s four largest banks – Bank of America, JPMorgan Chase, Wells Fargo, and Citi. [read post]
30 Aug 2010, 11:53 am
There are two ways consumers most commonly reassure themselves. [read post]
30 Aug 2010, 10:18 am
As for the application of the new diversity requirements, the legislation will apply to businesses which deal with a number of federal agencies involved in the financial sector, including the Departmental Offices of the Department of the Treasury, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, each of the Federal Reserve banks, the Board of Governors of the Federal Reserve System, the National Credit Union Administration, the Office of the… [read post]
30 Aug 2010, 8:34 am
The banks certainly don’t tell anyone anything. [read post]
28 Aug 2010, 10:50 pm
Now he’s studying what’s holding consumers back? [read post]
