Financial Institutions

Financial Institutions Newswire

Comprehensive Real-Time News Feed for Financial Institutions.

Results 1 - 20 of 501 in Financial Institutions

  1. Washington residents shut out from mega e-tailer AlibabaRead the original story w/Photo

    Yesterday | KOMO News

    ... money transfer," said Deb Bortner, Director of Consumer Services with the state's Department of Financial Institutions. State regulators say that tip was true. Aliexpress and its payment site Alipay needed a money transfer license to hold funds, ...

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  2. Canada: Concluding Statement of the 2014 Article IV MissionRead the original story

    Wednesday | International Monetary Fund

    ... market segments. The mission welcomes new guidelines issued by the Office of the Superintendent of Financial Institutions (OSFI) to strengthen residential mortgage insurance underwriting practices. 5. Solid growth is envisaged to continue while ...

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  3. Summit Financial Group, Inc. Announces Completion of 1st Closing With ...Read the original story w/Photo

    Wednesday | GlobeNewswire

    ... growth earlier than previously planned." Summit also announced that the West Virginia Division of Financial Institutions and the Federal Deposit Insurance Corporation has terminated their informal memorandum of understanding with Summit Community ...

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  4. Wisconsin banks showed growth in third quarter, sa...Read the original story w/Photo

    Wednesday | WNFL-AM Green Bay

    Officials say total lending grew by 6.2% and net income rose 2.4% over the same period a year ago. Department of Financial Institutions secretary Peter Bildsten says those are extremely positive numbers.

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  5. Raatz gets first Senate committee assignmentsRead the original story w/Photo

    Tuesday Nov 25 | Palladium-Item

    Raatz gets first Senate committee assignments First-term state senator will serve on crime, education and insurance committees. Check out this story on pal-item.com: http://pinews.co/1vJGIB8 Raatz, who was elected in November, is assigned to the Corrections and Criminal Law, Education and Career Development and Insurance and Financial Institutions committees.

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  6. Department of Financial Institutions warns of affinity fraudRead the original story

    Tuesday Nov 25 | Columbia Magazine

    Department of Financial Institutions warns of affinity fraud 'Affinity fraud is a technique used by fraudsters to obtain the trust of an individual or a group of people under the perception of sharing common interests, religious beliefs or background. Once the trust is obtained, he or she uses it to exploit members of the specific group in an investment scam.

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  7. Merkley explains to Fed official: "Jail involves putting people in jail."Read the original story w/Photo

    Tuesday Nov 25 | BlueOregon

    OK, this is just a little bit awesome. On Friday, the President of the New York Fed, William Dudley, appeared before the Senate Subcommittee on Financial Institutions and Consumer Protection -- and our own Senator Jeff Merkley.

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  8. Sen. Elizabeth Warren vs NY Fed's William DudleyRead the original story

    Tuesday Nov 25 | Mortgage Lender Implode-O-Meter

    ... 1, 2014: "Improving Financial Institution Supervision: Examining and Addressing Regulatory Capture" / Financial Institutions and Consumer Protection.

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  9. News in BriefRead the original story w/Photo

    Monday Nov 24 | Harlan Daily Enterprise

    The Kentucky Department of Financial Institutions is urging investors to verify the license or registration of their brokers or advisers. The warning comes after a Fayette County grand jury recently indicted four people on charges related to the alleged sale of fraudulent securities and activities of unregistered sales people.

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  10. Federal Reserve Facing Scrutiny After Corruption ScandalsRead the original story

    Monday Nov 24 | Pam's House Blend

    Last Friday New York Federal Reserve Chairman and former Goldman Sachs Chief Economist William Dudley went before the Senate Banking Subcommittee on Financial Institutions and Consumer Protection. Dudley testified in the wake of a slew of scandals the New York Fed was caught up in including a secret recording that revealed the Fed looked on the other way on a "shady" deal by Goldman Sachs, allowing Wall Street banks to manipulate commodity markets, and providing inside information to Goldman Sachs about how the NY Fed viewed certain Goldman clients.

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  11. Anchor Bancorp Announces Lifting of Anchor Bank's Supervisory DirectiveRead the original story w/Photo

    Monday Nov 24 | GlobeNewswire

    Anchor Bancorp , the holding company for Anchor Bank , announced the termination of the Supervisory Directive that the Bank had entered into with the Washington Department of Financial Institutions on September 4, 2012. The termination of the Supervisory Directive was effective on November 20, 2014.

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  12. Check out your money manager before you buyRead the original story w/Photo

    Monday Nov 24 | Business Journal

    The Kentucky Department of Financial Institutions is urging just that: Verify the license and/or registration of a broker or adviser, as well as investment products before buying. The department sent out a news release after an indictment of four people by a Fayette County grand jury.

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  13. Investors urged to verify license of brokersRead the original story w/Photo

    Monday Nov 24 | WKYT

    The Kentucky Department of Financial Institutions is urging investors to verify the license or registration of their brokers or advisers. The warning comes after a Fayette County grand jury recently indicted four people on charges related to the alleged sale of fraudulent securities and activities of unregistered sales people.

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  14. New York Fed Chief Stands Firm Against Charges of Weak OversightRead the original story w/Photo

    Friday Nov 21 | ProPublica

    ... and insisted that the nation's too-big-to-fail banks were safer for it. The Senate Subcommittee on Financial Institutions and Consumer Protection called the hearing to explore issues of regulatory capture in light of reports by ProPublica and This ...

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  15. Senate Democrats blast New York Fed over bank regulationRead the original story w/Photo

    Friday Nov 21 | West Australian

    New York Federal Reserve Bank President William Dudley came under fire on Friday from Democratic senators who blasted the bank for lax oversight of major financial institutions. "Is there a cultural problem at the New York Fed? I think the evidence suggests that there is," said Massachusetts Democrat Elizabeth Warren, a frequent critic of the big banks who is seen as a possible 2016 presidential candidate. 1 comment

  16. Bank-regulator relationship under fire in Senate hearingRead the original story w/Photo

    Friday Nov 21 | Business Journal

    Senator Sherrod Brown listens during a Senate Banking Subcommittee hearing with William C. Dudley, chief executive officer of the Federal Reserve Bank of New York, in Washington, D.C., on Friday, Nov. 21. The relationship between megabanks and their regulators came under fire Friday at a Senate hearing chaired by Sen. Sherrod Brown , D-Ohio, who chairs the Financial Institutions and Consumer Protection Subcommittee. The hearing came as Congress questions the Federal Reserve's policing of Wall Street in light of reports that oversight continues to be lax even after the U.S. financial crisis.

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  17. PNC provides $90M to Canadian companyRead the original story w/Photo

    Friday Nov 21 | Business Journal

    ... In February 2014, PNC (NYSE:PNC) obtained a license from Canada's Office of the Superintendent of Financial Institutions allowing the bank to include deposits and a range of services to both Canadian companies and U.S. companies doing business in ...

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  18. Neugebauer to chair House Financial Services subcommitteeRead the original story w/Photo

    Thursday Nov 20 | Lubbock Avalanche-Journal

    U.S. Rep. Randy Neugebauer, R-Lubbock, has been named the new chairman for the House Financial Services subcommittee on Financial Institutions and Consumer Credit for the 114th Congress. Rep. Jeb Hensarling, R-Texas, Financial Service Committee chairman, announced Thursday that Neugebauer and four other U.S. Representatives will serve as subcommittee chairmen.

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  19. Federal Reserve launches 2 reviews of its oversight of big banksRead the original story w/Photo

    Thursday Nov 20 | Los Angeles Times

    ... who oversee them. New York Fed President William Dudley is scheduled to testify. The hearing by the Financial Institutions and Consumer Protection subcommittee comes after media reports of secretly recorded conversations by a former New York Fed ...

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  20. Financial Institutions raises quarterly dividend by 5% to 20c per shareRead the original story

    Wednesday Nov 19 | Theflyonthewall.com

    Financial Institutions raises quarterly dividend by 5% to 20c per share Financial Institutions announced that its board has approved a quarterly cash dividend of 20c per outstanding common share, which represents a 5% increase from the most recent quarterly cash dividend. The company also announced dividends of 75c per share on Series A 3% preferred stock and $2.12 per share on series B-1 8.48% preferred stock.

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