Complaints about unfair and unexplained closures are rising. Banks say they never close accounts for political reasons.
Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks reports of digital services interruptions, hundreds of Citibank users had flagged issues related to their accounts as of midday.
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
Led by the California Mortgage Bankers Association, five lenders have made commitments to provide mortgage relief for the victims of the
Citigroup is reorganizing its private banking division, with regional heads now reporting to Andy Sieg, the bank's new wealth management chief.
Citibank [Administrative Agent, Collateral Agent, Joint Lead Arranger] Bank of America [Joint Lead Arranger] PNC Bank [Joint Lead Arranger] Structure : Seni
Citigroup Inc. is revamping the management structure of its private bank following the resignation of Ida Liu, who’s led the unit for almost four years.
Pacific Valley Bank plans to hire between 10 and 12 people at the new bank branch in downtown Santa Cruz. It’s interviewing for roles that include branch manager, account manager, teller, business development officer, portfolio officer and relationship assistant.
Casa Bel-Mar is an affordable housing project on the site of the former Bel-Mar Presbyterian Church in South Tampa Expand to read more Archway Partners Listen to this article 3 min The 100-unit development will be reserved for those earning between 30% and 80% of the area median income.
Bank of America (NYSE: BAC) has confirmed a data breach involving a third-party software provider that led to the exposure of sensitive customer data.
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Big banks, such as Bank of America, are far more complex. They touch almost every aspect of the economy, including personal and business banking, mortgages, student loans, commercial real estate, and the financial markets. Banks can be very lucrative when the economy is firing on all cylinders, and people and businesses borrow a lot.