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Chase, other banks backing away from debit card fees
Update: Reuters is reporting that even Bank of America is scaling back on its $5 debit card fee by giving customers more ways to avoid the charge.
Bank of America, which caused an uproar last month when it announced it would introduce a $5 monthly...Tags: Mergers, Acquisitions and Takeovers, Bank of America Corp., Citigroup Incorporated, Credit and Debt
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Wall St. fines could top $1B
The Associated PressRegulators began meeting with Wall Street investment firms Friday to discuss fines, reportedly totaling more than $1 billion, for misleading investors with poor research. Firms will be given ranges of impending fines during meetings Friday and next...Tags: NYSE, Morgan Stanley Dean Witter & Company, Stock Market, UBS AG, Investments
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More firms easing 401(k) wait period
The Wall Street JournalA growing number of companies have changed a policy that has long hurt job hoppers: They are allowing new employees to start contributing to the company retirement plan immediately. Companies have traditionally made new employees wait up to a year before...Tags: Hewitt Associates, Pension and Welfare, Retirement, Finance, WPP Group Plc
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Top women on Wall Street: Equal-opportunity axing?
Reuters(Reuters) - The financial crisis and its aftermath have been brutal for Wall Street's richest and most powerful women. The latest casualty: Ina Drew, the head of JPMorgan Chase's chief investment office, who departed last week after the bank suffered...Tags: Columbia University, Bank of America Corp., PNC Financial Services Group Incorporated, Morgan Stanley Dean Witter & Company, Finance
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RPT-DOJ receives rare praise in financial crisis cases
Reuters* DOJ's civil rights unit case load includes subprime cases * Alleges minority borrowers charged more for loans * Reached $335 mln settlement with Countrywide * Number of referrals suggest many more cases coming * Housing advocates say impressed...Tags: Bank of America Corp., Finance, Loans, Marketing, U.S. Department of Justice
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CORRECTED-Top women on Wall Street: Equal-opportunity axing?
ReutersBy Michelle Conlin May 24 (Reuters) - The financial crisis and its aftermath have been brutal for Wall Street's richest and most powerful women. The latest casualty: Ina Drew, the head of JPMorgan Chase's chief investment office, who departed last week...Tags: Columbia University, Bank of America Corp., Morgan Stanley Dean Witter & Company, PNC Financial Services Group Incorporated, Finance
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DOJ receives rare praise in financial crisis cases
Reuters* DOJ's civil rights unit case load includes subprime cases * Alleges minority borrowers charged more for loans * Reached $335 mln settlement with Countrywide * Number of referrals suggest many more cases coming * Housing advocates say impressed...Tags: Bank of America Corp., Finance, Loans, Marketing, U.S. Department of Justice
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U.S. RESEARCH ROUND-UP: JPMorgan, BofA, HP
ReutersMay 21 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Citigroup, Goldman Sachs, Walt Disney and HP, on Monday. HIGHLIGHTS * US banks: JMP cuts Citigroup, BofA, JPMorgan to market...Tags: BB&T Corp., SunTrust Banks Incorporated, Myriad Genetics Incorporated, Ross Stores Incorporated, Safeway Inc.
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JPMorgan sees profit in prepaid debit cards
Reuters* Card won't allow overdrafts and associated fees * Takes advantage of Dodd-Frank loophole * Designed for consumers that are otherwise unprofitable * CEO Dimon says product could be a "breakthrough" for consumers * Bank aims to avoid ill-will caused...Tags: Regions Financial Corporation, Finance, Jamie Dimon, Credit Ratings, JPMorgan Chase & Co.
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UPDATE 1-JPMorgan steers low-end clients to prepaid cards
Reuters* Overdrafts, associated fees not allowed * Takes advantage of Dodd-Frank loophole * For consumers whose accounts are unprofitable * Product could be "breakthrough" for consumers - CEO * Aims to avoid ill-will from multiple fees By David Henry NEW...Tags: Wells Fargo & Co., Regions Financial Corporation, Finance, Durham (Durham, North Carolina), Jamie Dimon
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UPDATE 2-JPMorgan steers low-end clients to prepaid cards
Reuters* Overdrafts, associated fees not allowed * For consumers whose accounts are unprofitable * Product could be "breakthrough" for consumers - CEO * Aims to avoid ill-will from multiple fees By David Henry NEW YORK, May 8 (Reuters) - JPMorgan Chase & Co...Tags: Banking, Bank of America Corp., Regions Financial Corporation, Finance, Durham (Durham, North Carolina)
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SolarCity plans IPO
SolarCity Corp., the developer of rooftop solar power systems whose chairman heads Tesla Motors Inc., is planning an initial public offering. The offering will begin after the Securities & Exchange Commission reviews a draft registration statement the...Tags: Google Inc., Financing and Stock Offerings, Alternative Energy, Tesla Motors, Inc., Citigroup Incorporated
Oct 28, 2011
|Story| Baltimore Sun
Nov 22, 2002
|Story| Associated Press
Dec 1, 2003
|Story| Baltimoresun.com
May 24, 2012
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May 21, 2012
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May 8, 2012
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Apr 30, 2012
|Story| Los Angeles Times
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