Julio Garcia, until recently the chairman of Bankers Trust
Mr. Garcia's departure follows the $9 billion takeover of Bankers Trust
Mr. Garcia and about six ex-Bankers Trust executives plan to start a
Increased costs, a limited consumer pool and churn are pressuring the financial institutions that are competing in the luxury card market.
Republicans released a new version of the crypto bill ahead of a scheduled vote. But even with the changes, Democrats have little incentive to offer support.
It's easy these days to get caught up in all the bad news and very easy to lose sight of the good. So let's take a moment to focus on some good news.
Polling suggests that Democrats could retake control of the House and have a formidable shot at the Senate as well. If they win both chambers, oversight of bank regulation, crypto and Trump administration officials will be the name of the game.
The bank is accusing its fintech rival of racketeering for raiding its offices across nine states and stealing an untold amount of confidential information.
Mirroring the efforts of a number of larger institutions, Portland-based Northeast Bank plans to open a de novo branch in Bangor and renovate its seven existing branches.
