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Business Institutions

A collection of news and information related to Business Institutions published by this site and its partners.

Top Business Institutions Articles

Displaying items 23-33
  • The housing market is still a drag on the economy--but why?

    Housing has stood out as the sick man of the U.S. economy in bad times and better times. For all its work on economic stimulus in various forms, the Obama administration has never been able to get its hands around a solution for the housing crash. That'...
  • Kids and Money: Credit card law succeeds in protecting students

    Put this solidly in the victory column for college students. Nearly five years after Congress passed legislation known as the CARD Act that was broadly aimed at preventing aggressive marketing of credit cards on college campuses, there's fresh evidence...
  • Bank of America is found liable for Countrywide mortgage fraud

    NEW YORK — Bank of America has been found liable for fraud in the sale of faulty loans by its Countrywide mortgage unit, a major victory for the federal government as it continues to pursue cases stemming from the financial crisis. A federal...
  • Consumers beware: Practice safe smartphone banking

    Consumers beware: Practice safe smartphone banking
    Matt Certo jumped at the chance to use his smartphone for banking as soon as his bank offered the service a few years back. The Orlando high-tech entrepreneur understood the technology and knew the benefits. But he also was aware of the risks. "If I'm...
  • 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...
  • Mexico becoming a driving force in auto production

    Mexico becoming a driving force in auto production
    The first Honda Fit rolled off the assembly line Friday at a new $800-million factory near Celaya, Mexico, a symbol of the growing might of the country's auto industry. Honda's U.S. factories spit out hundreds of thousands of Accords and Civics each...
  • Senate probe accuses Swiss bank of helping rich Americans evade taxes

    Senate probe accuses Swiss bank of helping rich Americans evade taxes
    WASHINGTON — A Senate subcommittee investigation accused Swiss banking giant Credit Suisse of using elaborate “cloak-and-dagger” methods to hide the accounts of 22,000 wealthy American citizens with a total of up to $12 billion in assets...
  • Senate probe accuses Swiss bank of helping rich Americans evade taxes

    WASHINGTON — A Senate subcommittee investigation accused Swiss banking giant Credit Suisse of using elaborate "cloak and dagger" methods to hide the accounts of 22,000 wealthy American citizens with a total of up to $12 billion in assets from U.S....
  • Long road to a deal for 1st Mariner purchasers

    Long road to a deal for 1st Mariner purchasers
    The deal to buy 1st Mariner Bank started with an irresistible offer — to two men who had nothing to do with the company. Howard Feinglass, a Baltimore native running a New York investment firm, saw potential in the struggling bank headquartered...
  • Banks get a primer on pot money

     Banks get a primer on pot money
    WASHINGTON — The Obama administration, taking the first regulatory step to accommodate the country's growing state-approved marijuana businesses, issued guidelines Friday designed to bring dispensaries into the banking system and end their risky...