Bank & Financial

Magazine articles on banks, brokerages, and credit card companies.

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The Motley Fool March 23, 2009 Morgan Housel	Pros and Cons of the New Bank Plan After a long wait, the details of Treasury Secretary Tim Geithner's new plan to rid banks of toxic assets actually aren't half bad. Read on for the details.
Bank Systems & Technology March 20, 2009 Maria Bruno-Britz	Citi's CFO Crittenden to Head Troubled Bank Unit Edward Kelly becomes the new CFO of Citi after the bank's Crittenden was named to lead its troubled Citi Holdings unit.
Bank Systems & Technology March 18, 2009 Maria Bruno-Britz	Banks Need a United Front to Succeed in Payments in the New Economy A panel of industry insiders at the SWIFT Operations Forum Americas agreed that collaboration among banks was key to mitigating risk and dealing with the new reality in the payments business.
Bank Systems & Technology March 17, 2009 Katherine Burger	U.S. Treasury Adopts Open Source Strategy to Drive Electronic Tax Payments The Department of the Treasury's Financial Management Service is publishing the full specification for a free, real-time Web services interface for its Electronic Federal Tax Payment System.
The Motley Fool March 20, 2009 Alex Dumortier	GE's Pick-and-Roll on GE Capital's Earnings GE reaffirms its 2009 earnings estimate for GE Capital of $5 billion -- a figure that is widely considered to be inflated -- but GE's own presentation also shows that number is at significant risk.
Bank Systems & Technology March 19, 2009 Maria Bruno-Britz	Citi Files for Reverse Stock Split, Exchange Offer Citigroup is following through with its plans to build capital by petitioning the SEC for permission to convert preferred shares into common stock and a reserve split.
Registered Rep. March 19, 2009 John Churchill	Yet Another Fraud; AIG, Merrill Bonuses Going Going G...; Lehman Brothers Killed by Shorts? SEC charges two former political figures in fraudulent "kick back" scheme... New York Attorney General says he will release the names of the Merrill Lynch bonus recipients... Lehman's downfall...
Bank Systems & Technology March 18, 2009 Orla O'Sullivan	AIG Uproar Sees Spitzer Weigh In The real disgrace in what A.I.G. did with almost $200 billion in government bailouts was not the payment of executive bonuses, but payments to banks, Eliot Spitzer said in an interview Wednesday morning.
Insurance & Technology March 18, 2009 Nathan Conz	Lincoln Financial Promotes CIO Cornelio Charles Cornelio has been appointed executive vice president and chief administrative officer at Lincoln Financial Group.
The Motley Fool March 19, 2009 Morgan Housel	Bank Stocks Explode While bank stocks have exploded, a lot, in recent weeks, there's still much reason to be pessimistic. Quite a bit of it.
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