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The first surprise was learning that billionaire Facebook founder Mark Zuckerberg even has a mortgage. The second was finding out that he pays an interest rate of just 1.05%.
July 17 -
Fueled by strong loan growth, Comerica (CMA) in Dallas reported earnings of $142 million in the second quarter, up roughly 49% from the same period a year earlier.
July 17 -
Many of the biggest banks have hiked their checking account fees in recent months. But others have held steady, and some have even changed their minds and lowered prices. Click through for examples.
July 17
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The regulator's recent report highlights supposedly high-priority concerns about small banks without mentioning the size, concentration and real risks of the megabanks.
July 17
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In the United States, outlining a different narrative about what happened in the financial crisis opens one to political attack.
July 17 -
The credit card industry's proposed deal to settle long-pending retailer lawsuits set insiders chattering, divided over how much each side won and lost in the deal.
July 16
AMERICAN BANKER -
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A group of investors led by Yahoo co-founder Jerry Yang has agreed to invest $4.8 million in a Redwood City, Calif., payments network that lets use retailers' gift cards to buy goods and services from other merchants.
July 16 -
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Westamerica (WABC) in San Rafael, Calif., reported that its second-quarter earnings fell slightly after loans and fee income declined.
July 16
