SALT LAKE CITY - (10/18/04) -- A woman hired to clean house for a77-year-old man was charged with trying to clean out his creditunion account as well, after she persuaded him to marry her.Fifty-seven-year-old Linda Sandall was charged with five felonies,including convincing the elderly man to write her $46,000 on hisaccount at America First CU. Sandall, who met the victim when hehired her to clean his house earlier this year, also neglected totell him she is already married. Sandall also convinced her elderlyvictim to use his Ogden home as collateral for a $60,000 loan. Therogue cleaning lady was charged with exploitation of an elderlyadult, two counts of forgery and two counts of fraudulent handlingof records.
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Some customers reportedly complained about getting locked out of their accounts after signing up for the bank's new Strata Elite credit card. "We feel like we have done the right thing for all of our good customers," Pam Habner, Citi's head of U.S. branded cards, said Tuesday.
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Speakers at the Most Powerful Women in Banking conference Tuesday shared several scenarios in which banks will benefit from dollar-pegged cryptocurrency.
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The McClean, Virginia-based bank said Tuesday that credit quality remained strong in the third quarter, and that it has approved a plan to buy back $16 billion of common stock. It's temporarily tapping the brakes on loan growth as it digests the Discover acquisition.
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Bank of America has a playbook for government shutdowns, which includes providing fee and payment waivers as well as loan deferrals and forbearance programs, CEO Brian Moynihan said at the American Bankers Association's annual convention.
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New guidance outlines specific due diligence and oversight steps banks must take, reinforcing that they are ultimately accountable for vendor failures.
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