Alltel Corp. has created a division to cash in on an emerging business
Network consulting entails the design, installation, and management of
"For many years, we have provided network services for a number of our
The new business unit of the Little Rock computer services company is
Dennis Holland, a vice president at Alltel, said the company hired Input
Input said the network services market will grow at a 35% compound
Input also saw the banking part of the market growing at 27% annually,
The Office of the Attorney General in New York says the bank violated the state's Exempt Income Protection Act, illegally transferring customers' money to debt collectors.
The Providence, Rhode Island, company is having discussions with private wealth management teams elsewhere as it seeks to expand its fledgling private bank. In just three months, private banking deposits doubled to $2.4 billion.
After the Minneapolis-based company reported stubbornly high commercial deposit costs, it reduced its full-year forecast for net interest income by $200 million-$500 million.
The CFPB has dissolved the Office of Supervision, Enforcement and Fair Lending and eliminated the job of associate director in a move that impacts how it designates nonbanks for supervision.
Rising deposit costs have plagued banks in general, and the Tennessee bank had to pay up to bolster liquidity after its failed merger with TD. But First Horizon retained customers in the first quarter while not paying them the special rates they got last year.
