HOUSTON - (08/19/05) -- Cardtronics, operator of thenation's biggest fleet of ATMs, said it raised $200 million with anoffering of senior subordinated notes. The proceeds from theoffering were used to pay off bank debt. Cardtronics operates morethan 25,000 ATMs across the country, most of them in retail outletslike A&P, Albertsons, Barnes & Noble, BP Amoco, Chevron,Costco, ExxonMobil, Kroger, Target and Walgreens.
As the capital rule's comment period closes, some experts express concern about proposed changes that may impact nonbanks reliant on warehouse financing.
Guidance documents from the Consumer Financial Protection Bureau and Treasury's Financial Crimes Enforcement Network heightening bank scrutiny of individual tax identification numbers in mortgage applications could discourage banks from issuing those kinds of loans.
The newly minted Fed chairman announced working groups for his five top policy priorities and strictly refrained from forward guidance in his debut press conference Wednesday afternoon.
The Cincinnati bank has launched a navigational aid to help customers get to what they need in fewer steps.
The state would join New York in governing the up-and-coming credit product. Industry and consumer advocacy groups say there's still room for improvement.
The clarification spells out what banks can share to stop scams. The Bank Policy Institute welcomed it but wants Congress to write the protection into law.
