by | Oct 26, 2010 | Towing
HSBC (HBC) may be considering a bid for Northern Trust (NTRS), a California-based financial services group, The Daily Mail said.
Northern Trust has more than $643 billion of assets under management and counts more than 20% of the wealthiest families in the U.S. among its clients.
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“Rumors persist that [HSBC] is lining up a $65 a share cash offer,” the Daily Mail said, without naming…
Continue reading HSBC May Consider Buying Northern Trust
HSBC May Consider Buying Northern Trust originally appeared on DailyFinance on Tue, 26 Oct 2010 07:30:00.
Filed Under: Company News, Investing, Credit, Stocks in the News
by | Oct 25, 2010 | Towing
Now that N.Y. Chief Judge Jonathan Lippman has considerably tightened the state’s foreclosure rules, his effort to eliminate robo-signing has greatly raised the stakes for the banks’ attorneys. But what will the practical impac…
by | Oct 25, 2010 | Towing
Bernanke’s zero-interest-rate policy is backfiring. Only the wealthy benefit from rising financial assets, as average Americans take on more debt. Worse, risky speculation is again being rewarded.
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by | Oct 25, 2010 | Towing
The amount of time it takes to foreclose on a home is increasing, meaning that delinquent borrowers can stay in their houses for months after they stop making payments, according to Freddie Mac.
Freddie Mac, which, along with Fannie Mae finances abou…
by | Oct 22, 2010 | Towing
Get ready for credit card 2.0.
Citibank (C) is about to begin testing a card with two buttons and lights to let users choose whether they want to pay with rewards points or credits, The New York Times said.
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Other issuers are giving their cards makeovers as well. Some cards could double as credit and debit cards, or provide additional security measures. One card shows a portion of…
Continue reading Banks Rework Credit Cards With New Technologies
Banks Rework Credit Cards With New Technologies originally appeared on DailyFinance on Fri, 22 Oct 2010 08:25:00.
Filed Under: Company News, Technology, Media, Citigroup, Credit, Retail
