NEW YORK - (09/02/04) While most of this weeksevents at the Republican National Convention featured conventionalfareopen bars and buffet luncheons or dinnersseveralstood out as un-conventional. A Sunday night reception forCalifornia Congressman David Drier attended by NAFCUrepresentatives was held at a bowling alley where lawmakers andlobbyists shed their shoes for the sake of the GOP. Monday, theNAFCU Board members attended a reception for former PresidentGeorge H.W. Bush aboard the aircraft carrier Intrepid, a favoredlocale last week. CUNA lobbyist Gary Kohn attended a reception formembers of the House and Senate financial services committees atthe famous Madame Tussauds Wax Museum. Bill Donovan went toa Tuesday night party for Texas Congressman Henry Bonilla atCartiers, where attendees were invited to try on expensivejewelry.
-
Lake Shore Bancorp in Western New York has reached a "standstill agreement" with the Stilwell Group, which has promised not to force a merger or sale in the next three years.
March 20 -
Swiss banking giant UBS Group received federal approval from the Office of the Comptroller of the Currency to convert its $1.6 trillion-asset UBS Bank USA from a Utah-chartered industrial bank to a national charter.
March 20 -
Early industry reaction to the Federal Reserve's Basel III proposals points to potential capital relief for banks, though stakeholders say the complexity of the changes makes their overall impact unclear.
March 20 -
Financial institutions that delay or fail to take this leap risk losing customers and revenue, said speakers at the inaugural On-Chain Executive Summit.
March 20 -
CISA and Microsoft urge organizations to secure endpoint management systems as threat actors increasingly seek to disrupt operations with wiper malware.
March 20 -
Piermont Bank hired Dennis Day for a new executive role focused on payments; the American Bankers Association announced the global expansion of its widely used Fraud Contact Directory; MC Bankshares moved one step closer to finalizing its sale to an investor group; and more in this week's banking news roundup.
March 20











