Regulatory Black Hole Puts Banks Off DealsDecember 21, 2012Regulatory uncertainty is
putting large banks off buying the assets of smaller rivals,
complicating the sector's restructuring and giving hedge funds
and private equity a golden opportunity to swoop in.
Regulatory Black Hole Puts Banks Off DealsDecember 21, 2012Regulatory uncertainty is
putting large banks off buying the assets of smaller rivals,
complicating the sector's restructuring and giving hedge funds
and private equity a golden opportunity to swoop in.
JPMorgan Chase Buys Bloomspot to Expand Card MarketingDecember 20, 2012JPMorgan Chase & Co,
one of the biggest card issuers and transaction processors, said
it has bought Silicon Valley firm Bloomspot Inc to expand its
consumer marketing programs for merchants.
ICE CEO Says Proposal to Buy NYSE 'Well Received' by RegulatorsDecember 20, 2012IntercontinentalExchange Inc's
$8.2 billion proposal to acquire NYSE Euronext has been
"well received" by regulators, ICE Chief Executive Jeffrey
Sprecher said on Thursday.
Branches Remain A Key ChannelDecember 20, 2012Banks that invest in the branch and provide a cutting-edge experience are ahead of the pack, says research firm RBR.
USAA Ranks First in Customer Satisfaction Study by ath Power ConsultingDecember 19, 2012Banking customer satisfaction rose across the country according to the results of a recent nationwide customer experience study by ath Power Consulting, with USAA topping all banks for the third year running.
BofA CEO: Fed Wants Bank to Show Consistent EarningsDecember 18, 2012Bank of America Corp
needs to show the U.S. Federal Reserve it can produce
consistent earnings as part of the annual process to gain
permission to return more capital to shareholders, CEO Brian
Moynihan said in an interview.
Europe to Miss Basel III Deadline After EU Talks PostponedDecember 18, 2012Europe will definitely fail to
meet the globally-agreed January deadline for the implementation
of tougher capital requirements for banks after European Union
talks to agree the rules were postponed on Tuesday.
U.S. Agency Sues JPMorgan Over Mortgage SecuritiesDecember 17, 2012The U.S. credit union regulator sued
JPMorgan Securities and Bear Stearns & Co on Monday over $3.6
billion in mortgage securities the bank allegedly sold to credit
unions that collapsed because of losses from the securities.
Internet Regulation Seen at National Level as Treaty Talks FailDecember 16, 2012The world's major Internet companies,
backed by U.S. policymakers, got much of what they wanted last week when many
nations refused to sign a global telecommunications treaty that opponents feared
could lead to greater government control over online conten
Mobile RDC for Commercial Clients On the HorizonDecember 14, 2012While some banks are still catching up to offer mobile remote deposit capture for retail customers, some banks are already looking to offer it to commercial clients in early 2013.
PayPal Launches Prepaid CardsDecember 14, 2012PayPal released its first prepaid card yesterday, allowing users to easily load cash into their PayPal account as funds that can be used for online purchases.
Barclays Loses Three Top Technology Bankers: SourcesDecember 13, 2012Barclays Plc has lost
three of its top technology investment bankers in New York this
week to a rival, according to people familiar with the matter.
Dwolla Offers Payments Via TwitterDecember 13, 2012The payments company is now allowing users to send payments via Twitter by including the recipients handle, the dollar amount and Dwolla's hashtag.
Bank of America and the "Point-of-Sale Revolution"December 13, 2012With the release of Mobile Pay on Demand last month Bank of America is wading into the point-of-sale battle - a battle it believes it can win against the likes of Square and PayPal.
