LANSING, Mich. - (12/21/05) -- Local banks and credit unions areengaged here in a blood battle--literally. The American Red Crosshas engaged the two financial competitors in its first annual'Invest to Save Loves: Banks versus Credit Unions Challenge' to seewhich type of institution will be able to outdo the other incollecting blood donations. Each donor will be invited to vote fortheir favorite type of financial institution to determine thecontest winner. The blood drive is running through December31.
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The Minneapolis-based company plans to leverage the arrangement to draw more attention to its growing list of national business lines, transcending its regional reputation.
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Swiss banking giant UBS tried to get a federal court to reject new allegations that Credit Suisse, which UBS acquired in 2023, had concealed Nazi-linked assets.
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Jamie Dimon said the revised Basel III plan still overstates risk and penalizes the largest banks.
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The one-click checkout fintech, which launched its own "super app" last year, reduced its current workforce by about 30% last week.
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Financial institution members of The Knoble will be using AI to monitor transactions around the soccer games for signs of trafficking and share suspicious activity information with each other.
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The investment bank is the target of a campaign by Color of Change, a racial-justice advocacy group that's accusing Goldman of retreating from its diversity commitments.
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