GREAT WESTERN Financial Corp., Chatsworth, Calif., said Stephen E. Frank has been elected a director of the corporation and its principal subsidiary, Great Western Bank. Mr. Frank is president and chief operating officer of Florida Power and Light Co. and a director of FPL Group Inc.
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Federal Reserve Governor Michelle Bowman said she believes there is a feasible path forward for the revised capital reform proposal, emphasizing the importance of making broad changes informed by industry feedback to achieve broad consensus among Federal Reserve board members.
38m ago -
But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
46m ago -
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The Office of the Attorney General in New York says the bank violated the state's Exempt Income Protection Act, illegally transferring customers' money to debt collectors.
April 17 -
The Providence, Rhode Island, company is having discussions with private wealth management teams elsewhere as it seeks to expand its fledgling private bank. In just three months, private banking deposits doubled to $2.4 billion.
April 17 -
After the Minneapolis-based company reported stubbornly high commercial deposit costs, it reduced its full-year forecast for net interest income by $200 million-$500 million.
April 17