ATLANTA - (07/11/06)Consumer Credit CounselingService is hoping you can stand one more reality TV program.Big Spender will feature CCCS Counselor RichardClements offering financial counseling to consumers on the new showpremiering on the A Television Network. Clements will helpparticipants examine their current troubled financial situationsand implement strategies to improve their changes for financialsuccess. CCCS said show participants progress will bemonitored after the initial show has been taped.
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Federal Reserve Governor Michelle Bowman said she believes there is a feasible path forward for the revised capital reform proposal, emphasizing the importance of making broad changes informed by industry feedback to achieve broad consensus among Federal Reserve board members.
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But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
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The Office of the Attorney General in New York says the bank violated the state's Exempt Income Protection Act, illegally transferring customers' money to debt collectors.
April 17 -
The Providence, Rhode Island, company is having discussions with private wealth management teams elsewhere as it seeks to expand its fledgling private bank. In just three months, private banking deposits doubled to $2.4 billion.
April 17 -
After the Minneapolis-based company reported stubbornly high commercial deposit costs, it reduced its full-year forecast for net interest income by $200 million-$500 million.
April 17