Bank & Financial

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

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Registered Rep. June 18, 2003 David A. Gaffen	Judge Skeptical of Investors Suing Merrill Attorneys at Merrill Lynch asked a federal judge in New York to throw out a suit representing thousands who lost money in the Internet bubble, and the firm's pleas appear to be finding a receptive ear.
Registered Rep. June 18, 2003 Will Leitch	Report: Citi, CSFB to Slash Investment Banking Jobs The market is up, the economic indicators are positive and life is happy and good, right? Not at Citigroup and Credit Suisse First Boston.
OCC Bulletin June 12, 2003	Debt Cancellation Agreements and Debt Suspension Agreements A June 13, 2003 notice delays the compliance date for certain provisions of the final rule governing debt cancellation agreements (DCCs) and debt suspension agreements (DSAs) in the context of closed-end consumer loan transactions.
Registered Rep. June 10, 2003 Will Leitch	Citi Board Receives Dubious Distinction Well, here's more bad news for Citigroup, in case the company isn't immune to it by this point. A study released by Portland, Maine-based The Corporate Library (TCL) says that Citigroup has the worst board of directors in the country.
National Real Estate Investor June 9, 2003	Senior Level Shakeup At Freddie Mac Freddie Mac, the second biggest U.S mortgage finance company, has fired its president and COO over his apparent unwillingness to cooperate with an audit of the firm. Freddie Mac's CEO and CFO were also fired this week.
Bank Technology News June 2003 Robert Kapler	A Room with a View Fidelity's usability lab -- formally known as Fidelity Center for Applied Technology -- puts function to the test. While other R&D efforts in the financial community have fizzled with the dot-com bust, FCAT is going strong.
Bank Technology News June 2003 Michael Grebb	Banks' Arsenal Grows Larger Fighting viruses, hackers and all things "e-vil"
Bank Technology News June 2003	By the Numbers Total IT spending in the American securities industry is set to decline for the second year in a row. That's not just a big story, it's a huge one.
Bank Technology News June 2003 Karen Krebsbach	Basel II: Burden Or Opportunity? Savvy banks know the price is worth it: Banks that embrace rather than resist Basel II, the mammoth proposal designed to control operational and credit risk, will claim a greater competitive advantage in the marketplace, say technology analysts.
Bank Technology News June 2003 Holly Sraeel	Difficult Times Call For Truly Creative Measures Times may be tough and expectations a bit unrealistic, but technology is as crucial as ever. Expect the savvier of firms to prove their mettle.
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