Deal with DoJ resolves allegations the company misled investors
JPMorgan Chase, Bank of America and PNC reported lackluster revenue growth as higher trading fees and increases in commercial lending barely compensated for consumer-side challenges.
The company would prefer buying banks with $5 billion to $10 billion in assets unless it finds an appealing alternative in a strategic market such as Raleigh or Nashville.
The San Francisco bank said Friday that it plans to close at least 400 branches over the next two years, part of an effort to reduce annual expenses by $2 billion.
The bank is first to fail in New Jersey since 2012.
UK retailers, currency traders, investment bankers, UniCredit and the President-elect
Some vendors have begun offering authentication platforms through which biometrics and other authentication tools can be plugged into any or all channels. TD Bank is sold on this concept, but others are not completely sure.
Housing and Urban Development Secretary-designate Ben Carson is open to finding alternatives to the 30-year fixed-rate mortgage, but believes there must be some government backstop to the housing market.
People’s United is taking its efforts to raise awareness of financial exploitation to a new level.
The California bank, grappling with credit-quality issues, did not say when – or if – a successor will be named