Recently added articles from American Banker:
U.S. Still Taking Risk Plan Comments.(Market Monitor)(Brief article)
Nov 13, 2009; ... Byline: Joe Adler Federal bank regulators Thursday said institutions have an extra two weeks to comment on proposed guidelines for limiting correspondent risk. On Sept. 25, the agencies proposed methods for banks to limit their risk from other institutions, including ...
Harrington West Wants Investors.(Market Monitor)(Arvest Bank Group Inc.)(Brief article)
Nov 13, 2009; ... Byline: Robert Barba Harrington West Financial Group Inc. is courting potential investors as the next step in recapitalizing itself, Craig J. Cerny, its chairman and chief executive, said in an interview Thursday. The $1.1 billion-asset company in Solvang, Calif., is ...
VIEWPOINT: Get Set for Change in Bank-to-Bank Transfers.(Society for Worldwide Interbank Financial Telecommunication)(Viewpoint essay)
Nov 13, 2009; ... Byline: Steven C. Beattie For years, the use of Swift cover payments for bank-to-bank transfers has been demonized as an unmitigated risk in efforts to combat money laundering. The lack of originator and recipient information within the payment type MT202 has impeded efforts to ...
Card Offers Found to Be Less Enticing.(Cards)(Brief article)
Nov 13, 2009 ... Byline: CardLine Not only are consumers getting less credit card-marketing mail, they also are getting less-desirable offers, according to research by Mintel Comperemedia, a Chicago direct mail-tracking firm. While direct mail volume dropped 70%, to 391 million card ...
Credit Scores, Debt Said to Increase.(Cards)(Report)(Brief article)
Nov 13, 2009 ... Byline: CardLine Credit scores improved as credit card debt increased for many consumers in October, according to a report by Credit Karma Inc., a San Francisco company whose Web site tracks credit scores. Although major card issuers reported significantly lower ...