CHARLOTTE, N. C. - (05/23/06) Bank of America is teaming withHills Pet Nutrition to create a credit card that even adog-lover can love. The new PetRewards Visa card will allowanimal-lovers to put a picture of their favorite pet on their cardthat will gather reward points for pet-related expenses ordonations to animal shelters. Holders can customize their cardswith their pets likeness by sending in a picture by mail orby emailing a digital photo. PetRewards cardholders get points forevery dollar spent at participating veterinary clinics, major petretailers, farm and feed stores, and neighborhood pet specialtystores, as well as for non-pet related purchases. Rewards includerebates on veterinary clinics expenses, or discounts on certain petfoods, or make a $10 donation to a nearby animalshelter.
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Liberty Bank in Salt Lake City had been "structurally unprofitable" since 2008, according to its regulators. Experts criticized the FDIC for allowing the bank's demise to play out in slow motion.
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The New York-based bank says it will push its concentration of commercial real estate loans below 400% of risk-based capital over the next two years and focus more on C&I.
10h ago -
The San Francisco-based firm's Anchorage Digital Trusted Liquidity and Settlement network, better known as Atlas, will allow clients to settle a range of cryptocurrency transactions.
April 25 -
Consumer spending slowed and charge-offs rose during the first quarter, but Bread Financial said a pending late-fee rule may not be as devastating to its revenue as the Columbus, Ohio-based firm initially feared.
April 25 -
Artificial intelligence models are energy hogs. Climate First Bank and UBS are among the very few trying to solve this problem.
April 25 -
The FDIC board debated and ultimately withdrew two separate proposals to address asset managers' control over banks, but acting Comptroller of the Currency Michael Hsu said he couldn't support either and called for more research and debate about how asset managers' control over banks impacts safety and soundness.
April 25