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Bank of America rolls out ATMs with video links to real tellers
It's simple these days to video chat with your daughter when she's in Thailand. Why not talk to a teller when the bank is closed? Bank of America Corp. has begun rolling out ATMs with video displays that enable customers to speak with a bank employee...
Tags: Bank of America Corp., JPMorgan Chase & Co., NCR Corporation, Banking
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Banks are not complying with mortgage settlement, survey finds
Banks aren't living up to pledges they made in last year's landmark government settlement of mortgage servicing and foreclosure abuses, according to an advocacy group's survey of California housing counselors and lawyers. The California Reinvestment...
Tags: National Government, Lobbying, Politics, U.S. Consumer Financial Protection Bureau, Finance
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Report: Banks aren't complying with mortgage settlement terms
Banks aren’t living up to pledges they made as part of a $26-billion settlement of government investigations into mortgage servicing and foreclosure abuses, according to an advocacy group’s survey of California housing counselors and lawyers....
Tags: National Government, Politics, U.S. Consumer Financial Protection Bureau, Finance, Bank of America Corp.
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BofA pays $165 million to settle mortgage claims by credit unions
In yet another home lending legal settlement, Bank of America Corp. will pay regulators $165 million related to losses that big credit unions suffered on mortgage-backed securities. The settlement, announced Tuesday, stems from efforts by the National...
Tags: Trials, Countrywide Financial Corp., Justice System, Crime, Law and Justice, Wachovia Corp.
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Bank of America tops list of mortgage complaints by borrowers
Bank of America Corp., which handles customer service on about 15% of U.S. home loans, has accounted for 30% of the mortgage complaints logged by the Consumer Financial Protection Bureau, according to a new database made public by the federal watchdog....
Tags: Loans, Countrywide Financial Corp., Consumers, U.S. Consumer Financial Protection Bureau, Computing and Information Technology Industry
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Wells Fargo CEO John Stumpf tops bank pay list with $22.9 million
And the winner of this year's banker bonanza award is ... John G. Stumpf, chief executive of San Francisco's Wells Fargo & Co., with a 2012 compensation package totaling $22.87 million. Stumpf’s pay package, disclosed Thursday afternoon, was 15%...
Tags: Bank of America Corp., Corporate Officers, CEO Pay, Jamie Dimon, Banking
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Survey: Kaiser tops in customer satisfaction for health insurance
For the sixth consecutive year, Kaiser Permanente ranked highest in customer satisfaction for health insurance among California policyholders, according to ratings firm J.D. Power and Associates. Anthem Blue Cross, the state's largest for-profit...
Tags: Health Insurance, Healthcare Provider, Walmart, Aetna Inc., Health Net Inc.
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Fed stress tests show biggest banks could survive deep recession
WASHINGTON -- The nation's largest banks as a group could withstand a severe recession and are much better positioned for blunting economic shocks than before the financial crisis, the Federal Reserve said Thursday in releasing the latest round of...
Tags: Bank of America Corp., JPMorgan Chase & Co., Buyback, Federal Deposit Insurance Corporation, Economy, Business and Finance
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Judge rejects 'robo-signing' case, citing prosecution misconduct
Five giant mortgage firms are shelling out $25 billion to settle claims of "robo-signing" and other foreclosure abuses -- but putting anyone in jail is another matter. In one of only two robo-signing prosecutions nationwide, a judge last week threw...
Tags: Prosecution, Trials, Jacksonville (Duval, Florida), Justice System, Crime, Law and Justice
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Senate confirms Jacob Lew as Treasury secretary
WASHINGTON -- The Senate on Wednesday confirmed Jacob J. Lew as Treasury secretary, allowing the longtime budget expert to take office as President Obama deals with looming automatic federal spending cuts. Lew, 57, was approved by a 71-26 vote. He...
Tags: Jeff Sessions, Politics, Republican Party, White House, U.S. Senate
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Senate committee OKs Jacob Lew nomination for Treasury secretary
WASHINGTON -- A Senate committee voted Tuesday to confirm Jacob J. Lew as Treasury Secretary despite Republican concerns about his support for higher taxes to reduce the nation's debt as well as his tenure as a Citigroup Inc. executive before joining...
Tags: Politics, Republican Party, White House, U.S. Senate, Finance
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Senate panel set to vote Tuesday on Treasury nominee Jacob Lew
WASHINGTON -- A Senate committee is expected to vote to confirm Jacob J. Lew's nomination to be Treasury secretary on Tuesday, setting the stage for his confirmation by the full Senate in the coming days. Lew, the former White House chief of staff,...
Tags: Politics, Republican Party, Max Baucus, White House, U.S. Senate
Apr 4, 2013
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Mar 28, 2013
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Feb 27, 2013
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Feb 26, 2013
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