The consumer advocates at the Center for Responsible Lending have released a checklist of tough questions people should ask their banks to make sure their needs are being met — and and to ensure they aren’t paying unnecessary …
Switzerland’s UBS (UBS) will not take legal action against former employees for racking up the massive losses on subprime mortgages that left the company needing a bailout.
Kaspar Villiger, the UBS chairman, said that company was looking to the futur…
Bank of America is getting out of the wholesale mortgage business as it looks to put more resources into its direct-to-consumer retail mortgage channel, the largest U.S. bank announced Tuesday.
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HSBC Holdings Plc Chief Executive Officer Michael Geoghegan will step down at the end of the year after Europe’s largest bank veered from its tradition of promoting its CEO to Chairman, the Financial Times reported, citing two …
Bank of America (BAC) may introduce a tiered fee structure modeled on mobile phone service contracts.
Under the proposed scheme, the bank would reward customers who maintain minimum current account balances, use their credit card a certain number of …