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The system now provides financial advisers with access to tax tools, account details and trading information.
October 17 -
Shares of Cathay General Bancorp soared Wednesday after the Los Angeles company reported a nearly 20% increase in its third-quarter profit.
October 17 -
A New York judge has dealt a setback to at least one insurer hoping to recover losses stemming from claims on policies that covered mortgage-backed securities.
October 16 -
The Common Global Implementation Initiative, based in Brussels, said Wednesday it has published best-practice guidelines for ISO20222, a format designed to give companies and banks a common worldwide language for their communications.
October 16 -
National Penn Bancshares, the $8.4 billion-asset parent company of National Penn Bank, said Tuesday it plans to move its headquarters to Allentown, Pa. from Boyertown, Pa.
October 16 -
Mortgage borrowers say they overpaid up to $300 a year due to ill-timed Libor rate reporting. Annie Belle Adams, a homeowner in Mobile, Ala. and four other homeowners in the state have filed a lawsuit against Bank of America (BAC), Citigroup (TK), JPMorgan Chase (JPM), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC Holdings (HBC), Lloyds (LYG), Royal Bank of Canada (RY), Royal Bank of Scotland (RBS), UBS (UBS) and Rabobank that charges the companies with conspiring to manipulate the price of the London Interbank Offered Rate in violation of antitrust laws. None of the banks have commented on the case.
October 15 -
TD Bank (TD) says it has misplaced personal information belonging to more than a quarter of a million customers.
October 15 -
U.S. intelligence officials have alleged that Iran's government is behind the recent wave of distributed denial of service attacks against American banks. Iranian officials, however, deny the claim.
October 15 -
Though nearly two-thirds of Americans say they hear a mix of good and bad economic news, 28% say they hear mostly bad news, down from 35% in September, according to a survey released Wednesday by the Pew Research Center for the People & the Press.
October 12 -
Leon Panetta issues a dire warning as Capital One, SunTrust Banks and Regents Financial acknowledge they're the latest victims of cyberhacktivist attacks.
October 12 -
The banking industry's largest trade group is re-upping with a company that helps banks ferret out fraud in home loans.
October 12 -
J. Pierpont Morgan Sr. would be rolling in his grave — or laughing in it — if he saw what's become of his eponymous edifice in Lower Manhattan this season.
October 12 -
Two East Coast banks have shed their mutual holding company ownership.
October 12 -
Diane D'Erasmo will focus on multinational firms doing business in the U.S. She had been head of HSBC's commercial banking in the Northeast.
October 11 -
The $4.4 billion-asset bank holding company based in Dubuque, Iowa said Thursday it would buy Heritage Bank in Phoenix for $16 million in cash.
October 11 -
JPMorgan Chase's electronic banking portal for corporate clients, offered by the company's treasury services unit, now includes integrated payment and reporting capabilities, among other new features.
October 11 -
The parent of $13 billion-asset PrivateBank said Wednesday it has begun a public offering of roughly $75 million of its common stock and announced plans to hold a separate public offering of $125 million in subordinated debt.
October 10 -
Jamie Dimon sounded off Wednesday on two big scandals dogging his bank this year, expressing regret and frustration over the "London Whale" trading losses and a new government lawsuit against JPMorgan Chase.
October 10 -
BankAnnapolis, an Annapolis, Md. institution, has purchased Trusteer's Rapport for Online Banking system in a bid to safeguard client accounts from digital assaults.
October 10 -
Kaiser Federal Bank in Covina, Calif., will be renamed Simplicity Bank, beginning Nov. 13, the bank's holding company said Tuesday.
October 10