National City Corp., in Cleveland has hired Richard J. DeKaser to be
Mr. DeKaser will be in charge of providing economic research and
Mr. DeKaser was a senior financial economist at BankBoston Corp. for
National City has $85 billion of assets.
National City Corp., in Cleveland has hired Richard J. DeKaser to be
Mr. DeKaser will be in charge of providing economic research and
Mr. DeKaser was a senior financial economist at BankBoston Corp. for
National City has $85 billion of assets.
At the banks' annual meetings, shareholders at both companies struck down proposals that would have split the board chair and CEO roles. Two other proposals also failed to win shareholder support, one concerning energy financing and another on pay gap analysis.
Congressional Review Act resolutions are ramping up ahead of the 2024 election cycle. Experts say that, although none are likely to become law, the resolutions are still powerful messaging and political tools.
The ABA is testing an information-exchange network to allow banks to share their fraud data with each other. Companies including Baselayer are also building solutions.
Republicans on the House and Senate Small Business committees are accusing the SBA of being irresponsible in granting Funding Circle permission to participate in its flagship loan-guarantee program.
Strong consumer spending and cross-border activity drove an 8% increase in Visa's total payments volume during the first quarter of the year, although Asia's economic recovery is taking longer than expected.
Mastercard launches service to fight instant-payment fraud, EU may green-light Apple's NFC-access plan, and more.