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Fifth Third Bancorp (FITB) is expanding its capacity to take on debt and has wrapped up a $100 million stock buyback.
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Warren Buffett, the Oracle of Omaha, whose Berkshire Hathaway conglomerate owns the biggest stake in both companies, says he's likely to buy more of their shares in the future.
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Zions Bancorp's chief credit officer will step down this spring. The Salt Lake City company said Thursday that Ken Peterson will retire in April at the end of his three-year contract.
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Citigroup Inc. (C), the world’s biggest credit-card lender, is facing rising costs from the misselling of so-called add-on card products in the U.K. and U.S.
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The 2013 Mobile World Congress in Barcelona, produced by the mobile operators group GSMA, was the launching point for many significant payments initiatives.
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SCBT's deal for First Financial in South Carolina shows how wealth, mortgage and other fee businesses attract buyers that want to bulk up their noninterest revenue.
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A New Jersey appeals court affirmed the airline industry's right to refuse cash in-flight, validating a strategy that began when airlines first accepted credit and debit cards onboard planes in the mid-2000s.
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The Federal Deposit Insurance Corp. has freed the Bank of Granite in Granite Falls, N.C., from an enforcement action.
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With its new depositor preference proposal, the FDIC decided to skip over the current problem and fix one that doesn't exist yet. Its solution places more burden on banks, but may save the agency from eventually insuring foreign deposits.
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