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Business Institutions

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Top Business Institutions Articles

Displaying items 12-22
  • European regulator concerned about new Fed rules for foreign banks

    European regulator concerned about new Fed rules for foreign banks
    A top European Union regulator raised concerns Wednesday about new Federal Reserve rules for foreign banks operating in the U.S., complaining the requirements were adopted unilaterally and could place an unfair burden on EU financial firms. "We will...
  • EU is troubled by new Fed rules for foreign banks operating in U.S.

    A top European Union regulator raised concerns Wednesday that new Federal Reserve rules for foreign banks operating in the U.S. could place an unfair burden on EU financial firms. The Fed's Board of Governors now requires Barclays, Deutsche Bank and...
  • Growing services allow online payments to family, friends

    Growing services allow online payments to family, friends
    A week after she signed up for a new online-payment service from TD Bank, Linda Asencio emailed money to a niece for her birthday. She used it again a few days later to pay money she owed her mother. "It was really simple," said Asencio, 40, manager...
  • Will Elizabeth Warren run?

    Will Elizabeth Warren run?
    In her recently published memoir, Sen. Elizabeth Warren (D-Mass.) relays a chilling anecdote about how Washington really works. In 2009, she was running a congressional panel to oversee the Treasury Department's bailout of the financial industry, and...
  • Ukraine-Slovakia gas deal is first step out of dependence on Russia

    Ukraine-Slovakia gas deal is first step out of dependence on Russia
    Ukraine and Slovakia signed a natural-gas transport deal Monday in what European officials hailed as the first step toward reducing Ukraine's heavy dependence on Russian supplies that are now more costly and at risk of being cut off as hostilities...
  • Fairwinds Credit Union customers cope with online-banking outages

    Fairwinds Credit Union customers cope with online-banking outages
    Fairwinds Credit Union's online banking turned into an on-again, off-again system for more than a month recently, frustrating customers for hours at a time as they tried to access their accounts and conduct transactions. "Down again? What is going on...
  • Federal Reserve nominee Stanley Fischer defends Citigroup tenure

    WASHINGTON -- Stanley Fischer, the former Bank of Israel president nominated for the Federal Reserve's No. 2 job, defended his work on Wall Street and told senators at his confirmation hearing Thursday that he understood the effect of economic problems on...
  • Obama: New Russia sanctions will have 'an even bigger bite'

    Obama: New Russia sanctions will have 'an even bigger bite'
    President Obama announced a new round of U.S. sanctions on Russia's banking, arms and energy sectors, the latest step intended to punish Moscow for backing separatist militias in eastern Ukraine.  "Today is a reminder that the United States means what...
  • With Citigroup paying up, will feds' attention now turn to BofA?

    With Citigroup paying up, will feds' attention now turn to BofA?
    With Citigroup Inc. agreeing to pay $7 billion for issuing toxic mortgage securities, the Justice Department now turns to settling its case against what analysts call the biggest mortgage miscreant of all: Bank of America Corp. The government has...
  • Bitcoin ATM builder takes aim at traditional financial services

    In a makeshift office — a living room crowded with desks, monitors and a beanbag chair — a handful of programmers are hacking away on computers, aiming to make their mark on the multibillion-dollar financial services industry. This condo...
  • Breaking New Ground: Women At The Helm

    Breaking New Ground: Women At The Helm
    At the helm of a ship early in her career with the U.S. Coast Guard, Sandra Stosz was given an ultimatum: "You stand on the bridge like John Wayne with a six-gun in each hand barking orders and then I'll qualify you." Stosz, a 1978 graduate of the U....