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With its new checkless checking account, Bank of America is taking a different path than many other large banks that have begun offering prepaid cards.
March 10 -
The Charlotte, N.C., bank offers a model for other community banks that have expanded quickly in recent years but face a pricier M&A market: focus on smaller deals that provide additional liquidity and plug geographic holes.
March 10 -
Four private-equity investors have sold their remaining stakes in BankUnited (BKU) in Miami Lakes, Fla., for almost $393 million.
March 10 -
Joseph Stilwell said in recent regulatory filings that he wants Fairmount Bancorp in Baltimore and Harvard Illinois Bancorp to find buyers. He also filed a document backing Jefferson Bancshares' planned sale to HomeTrust.
March 10 -
Service members, veterans and their families who filed complaints about financial products or services have recovered more than $1 million, the Consumer Financial Protection Bureau announced.
March 10 -
William Rogers, chief executive officer of SunTrust Banks Inc., was awarded $5.78 million for his work last year, 32% less than for 2012.
March 10 -
Fannie Mae researchers attribute the sharp turn in perceptions to winter blues.
March 10 -
Fannie Mae and Freddie Mac could return $179.2 billion in profits to taxpayers over the next 10 years if they continue operating under federal conservatorship, according to White House budget analysts.
March 10 -
A former managing director at the New York investment banking firm Jefferies and Co, has been convicted of multiple offenses involving a scheme to defraud customers trading in residential mortgage-backed securities.
March 10 -
NCO Financial Systems, a collection agency arm of Horsham, Pa.-based NCO Group, plans to lay off 107 workers at its Virginia Beach, Va. call center, according to a notice filed with the Virginia Employment Commission.
March 10
