Business
MoneyGram International Inc. said it was negotiating to sell a majority stake in the No. 2 money-transfer company to a private equity firm because of massive and growing losses on mortgage-related investments.
Jan. 16, 2008
MoneyGram survives a scare and is looking to grab more of the money-transfer business
June 22, 2011
Technology and the Internet
MoneyGram International Inc., which wires money and provides electronic bill paying, said computer hackers might have stolen personal data on about 79,000 customers.
Jan. 13, 2007
Small but savvy rivals are challenging big corporate players for the lucrative business of wiring funds to Mexico.
Dec. 15, 2000
World & Nation
Business: Money order companies charge fees to send money to Mexico, then benefit from spread in currency exchange rates.
Nov. 7, 1997
Transfers: The company is trying to regain lost customers with a flat fee and better exchange rates.
Jan. 31, 2001
Southern California Edison’s federal credit union has branched into Boyle Heights to serve immigrant Latinos, launching a competitive money transfer program to Mexico, El Salvador and Guatemala on Friday that will be a template for credit unions across the country.
July 15, 2000
Courts: MoneyGram, Western Union will offer coupons to customers who sent funds to Mexico. They plan to donate $2.3 million to Latino groups.
May 13, 1999
Finance: They’ll charge a flat $6.50 for sending funds to Mexico, undercutting the rates charged elsewhere.
April 6, 1999
Socrates Galindo hadn’t been in the habit of wiring money to Mexico.
Feb. 9, 1995