HONOLULU - (10/28/04) -- With the presidential election justdays away, political debates cropped up everywhere at CUNA's FutureForum, from the 'CU Marketplace' exhibit hall to after hoursreceptions. One Denali Alaskan FCU director stumped for John Kerryas the right person to 'get us out of the mess Bush got us into,'while a Kauaii Community CU director rooted for George Bush andnoted that Hawaii, usually a Democratic stronghold could tilttowards Bush next week. A small group of Florida credit unionrepresentatives suggested their biggest hope was that whichevercandidate wins the notorious battleground state wins 'by alandslide' so there will be no question about how Florida votedthis time around. "We're all just hoping it's some other state onthe hot seat this time," one offered.
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The top five bank holding companies have combined total credit card loan portfolios of more than $705 billion.
2h ago -
Harmonizing standards for liquidity coverage ratios and discount window pledges could prevent the type of strains that led to last year's bank failures, according to a new paper whose authors include former Federal Reserve Govs. Dan Tarullo and Jeremy Stein.
10h ago -
Ally Financial ended a six-month search for its next chief executive by hiring Discover CEO Michael Rhodes. The move adds a new wrinkle to Discover's pending sale, though Discover said that Rhodes hadn't been expected to have a long-term role at Capital One following the merger's completion.
March 27 -
The report seeks to help banks "disrupt rapidly evolving AI-driven fraud," according to Treasury's Nellie Liang. The report found banks have difficulties accounting for AI risks.
March 27 - Yahoo Finance Feed
The banking giant has launched an online platform that links small-business owners and entrepreneurs in need of capital to community development financial institutions. The platform was developed in partnership with Community Reinvestment Fund USA.
March 27 -
A panel at CBA Live explored the contract provisions banks need to consider before embarking on new banking-as-a-service relationships and what catches their eyes in consent orders from banking regulators.
March 27