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The Federal Reserve’s approval recently of Capital One’s application to acquire ING Bank, fsb, taken together with its December approval of PNC’s proposed acquisition of RBC Bank (USA), marks a path forward for bank acquisitions. [read post]
13 May 2024, 8:58 pm by Teerin Vanikieti and Methawat Wongsuwat
After months of speculation, the Bank of Thailand (BOT) has published its official Ministerial Notification on Guidance, Procedures, and Conditions for applying for a Licence for Virtual Bank (Virtual Bank Notification) on 4 March 2024. [read post]
16 Jul 2012, 2:30 am by Edgar (aka MrConsumer)
MrConsumer is in the habit of making deposits and withdrawals at the ATM machine at Century Bank, a local bank with 25 branches. [read post]
18 Feb 2014, 5:22 pm by Tom Kosakowski
The program is underwritten by the Swiss Bankers Association and services are free for banking customers. [read post]
11 Mar 2009, 5:50 pm
  The original 1863 National Bank Act kept national banks out of real estate lending. [read post]
1 May 2016, 5:24 pm by Consuella Pachico
United States, to decide whether the bank fraud statute requires proof of an intent not only to deceive a bank, but also to cheat the bank. [read post]
25 Aug 2014, 6:41 am by Pete Strom
Justice Department and Bank of America Agree to  $17 Billion Mortgage Fraud Settlement Bank of America has agreed to a mortgage fraud settlement on mortgage fraud charges from the US Department of Justice for $17 billion, an historic settlement amount against a large bank. [read post]
18 Mar 2020, 5:56 am by Parrish McLeod
Banks such as Truist, Citibank, Bank of America and Capital One are among the many that are taking measures to help customers during this difficult time. [read post]
1 Feb 2010, 5:04 am
Cristie Drumm, a spokeswoman for the banking giant, said Wells Fargo is examining state and federal laws to determine what the bank's risk is in [read post]
2 Oct 2008, 1:32 pm
Thain, will remain at Bank of America after the merger of the two financial giants, Charlotte-based Bank of America said in a statement Thursday. [read post]
21 Oct 2009, 11:07 am
Despite the controversy surrounding Wachtell's role in the Bank of America-Merrill Lynch merger, BofA called its longtime deal counsel again when it came time to unload First Republic Bank. [read post]
31 Aug 2010, 11:24 pm by By DEALBOOK
Even as the economy remains weak and the number of troubled banks creeps higher, the Federal Deposit Insurance Corporation's quarterly report card on Tuesday showed that the banking sector is slowly starting to recover. [read post]
29 May 2015, 1:01 pm by Daily Record Staff
1st Mariner Bank, the largest independently owned bank in Baltimore, has hired Stewart Lee as its new chief lending officer. [read post]
15 Apr 2010, 4:29 am by By DEALBOOK
Agricultural Bank of China announced its roster of 10 banks it has picked to handle its initial public offering, which is expected to raise as much as $20 billion, Bloomberg News reported. [read post]
26 Feb 2010, 2:11 pm by By DEALBOOK
The large number of problem loans held by banks provides a stark reminder that the banking system remains in perilous health, Floyd Norris writes in his Off the Charts column. [read post]
23 Jan 2014, 8:45 am by D Daniel Sokol
Barbara Chizzolini, Bocconi University - Department of Economics analyzes Mergers in Banking from an Antitrust Perspective. [read post]