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Hurricane Watch 2009

 

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Banking Activity

2009 Housing for Everyone Grant Competition


July 4, 2009 By: TD Bank

TD Bank, N.A., through the TD Charitable Foundation, is pleased to announce the availability of $2.0 million in funding in the 2009 Housing for Everyone grant competition. For 2009, the Housing for Everyone grant competition is focusing on stabilizing the housing environment through the innovative e...


Citi and Citi Foundation Sponsor Money Talk$ Institute: The Personal Finance Institute

July 3, 2009 By: Citi

Citi and the Citi Foundation, along with the Center for Economic Education & Entrepreneurship at the University of Delaware, The Delaware Council on Economic Education, and The Delaware Financial Literacy Institute/The Money School, presented, "Money Talk$ Institute: The Personal Finance Institute,"...


Chase Approves 138,000 Trial Mortgage Modifications in the Last Three Months


July 2, 2009 By: JPMorgan Chase

NEW YORK - Chase announced today that it has approved 138,000 trial mortgage modifications for struggling homeowners since April 6, when it began processing trial modifications through President Obama's Making Home Affordable program.


HSBC Boosts Long Island Leadership Team with String of Local Promotions


July 1, 2009 By: HSBC

HSBC Bank USA, N.A. (HSBC) today announced the promotion of four career bankers to senior branch management positions within its Long Island retail banking business. All are long-time local residents who among them provide 79 years of banking experience. The move is designed to further strengthen th...


Treasury spells out details of consumer financial-protection plan


July 1, 2009 By: Miami Herald

Congress will review President Barack Obama's plan to gather consumer protection powers now spread among many bank regulators and place them under a Consumer Financial Protection Agency.


Credit card industry to remain lucrative: study

June 30, 2009 By: Reuters

The credit card industry will continue to provide one of the most lucrative returns of the asset classes within banks' portfolios even after new U.S. credit card rules are put in place, analysts at Keefe, Bruyette and Woods said.


Citi Announces Support of President Obama's "United We Serve" Initiative


June 25, 2009 By: Citi

Citi Employees to Participate in More Than 80 Community Service Events Nationwide This Summer


U.S. Bancorp to Participate in More Than 500 Community Service 2009 Events


June 25, 2009 By: U.S. Bank

MINNEAPOLIS-- U.S. Bancorp will do its part to help make America stronger by participating in more than 500 local events for Community Service 2009, a project of The Financial Services Roundtable (The Roundtable). U.S. Bancorp employees will volunteer in their local markets by conducting free financ...


Get Ready for Big Banks to Bounce Back

June 23, 2009 By: Barron's

Veteran bank analyst Richard Bove says Citi and Bank of America will surge in coming years.


Geithner Urges Swift Action on Reform

June 19, 2009 By: HousingWire.com

But strengthening the Fed should be done cautiously, according to John Taylor, president and CEO of the National Community Reinvestment Coalition (NCRC), a consumer group devoted to the creation of affordable housing and promotion of access to banking services for working US families. “The regulator...


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