Wall Street Journal
Hillary Clinton's connections to UBS, which has made donations to the family's charitable foundation, comes
Following Clinton's involvement in the matter, which was seen to have greatly helped UBS, the Swiss bank subsequently increased the size of its donations to the Bill, Hillary and Chelsea Clinton Foundation; UBS also loaned $32 million to inner-city programs through the foundation; and UBS paid Bill Clinton $1.5 million the largest single corporate source of speech income Clinton has received since leaving the White House to participate in a series of Q&A sessions with Bob McCann, the CEO of UBS Wealth Management.
The Journal stresses there's no evidence of a link between UBS' financial gifts to the Clinton Foundation and Hillary Clinton's assistance to UBS in its IRS settlement. A spokeswoman for UBS told the paper, "Any insinuation that any of our philanthropic or business initiatives stems from support received from any current or former government official is ludicrous and without merit." But the UBS situation is one of several instances of corporate giving to the Clintons causing issues for the Democratic frontrunner in her presidential campaign; both Democrats and Republicans have raised questions about potential conflicts of interest.
Here's a list of other financial-services companies that have either made donations to the Clinton Foundation or participated in the foundation's philanthropic ventures while at the same time
Big banks with capital markets businesses are trying to push their hedge-fund clients into derivatives, as a way to assist their own
Here's another concern for banks' cybersecurity and anti-money laundering personnel: hackers who
A Phoenix scrap-metal processor, Mega Metals, was recently duped into one of these traps and ended up wiring $100,000 to "who knows where," instead of to the vendor where the company thought it was wiring the money. Mega Metals immediately reported the suspected fraud to its bank, Comerica. The Dallas bank declined to comment.
Nacha, the industry-run group overseeing Automated Clearing House transactions, has urged businesses to work with their banks and credit unions to fight the problem. The Financial Services Information Sharing and Analysis Center, a nonprofit whose members include banks, said it's possible for banks to claw back some of the illegally diverted funds.
Cathy Bessant, Bank of America's chief operations officer and chief technology officer, says analytics is the best way to
The CEOs of Fannie Mae and Freddie Mac would see their yearly salaries
Elsewhere ...
Omaha World-Herald: Community bankers in Nebraska are worried the proposal to fund federal highways would
Columbus Dispatch: Heartland Bank in Columbus, Ohio, plans to lease and renovate an old airport hangar and terminal at Port Columbus International Airport, and