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The investigation targeted 36 residential mortgage-backed securities deals involving $31 billion worth of loans, more than half of which defaulted, according to the Justice Department.
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Burdensome regulation has made it hard for community institutions to operate alongside bigger rivals, leaving consumers with less choice and more expensive banking options.
March 29
Sageworks -
The Mississippi company will gain nearly $2 billion in loans after it buys Brand Group Holdings.
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Amazon.com has millennial shoppers nailed down. And their parents. And most of their grandparents. But one group of potential customers has eluded the world's biggest internet retailer: teenagers.
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Doug Martinez succeeds John Walling, who spent 39 years at the helm.
March 29 -
For Remington Outdoor Co., one of the oldest firearms makers in the U.S., not even going bankrupt is easy these days.
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Mark Begor, a former long-time GE Capital executive, faces lots of challenges as the credit bureau recovers; CEO dismisses “widespread rumors” that the bank wants to replace him.
March 29 -
The bank is providing Merrill Edge's do-it-yourself clients with more automated stock and portfolio research, but it plans to hire more financial representatives for those who want in-person advice in branches.
March 29 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Atlanta slowly comes back online after ramsonware attack; Monero's not as "invisible" as its reputation; EU changes its transaction fee rules; More green cryptocurrency.
March 29 -
POS payment encryption products are widely available and have been for many years, from technologies designed to secure card data from the point it is entered into the payment terminal, writes Ruston Miles, founder and chief strategy officer of Bluefin Payment Systems.
March 29
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