Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist

Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist
Journalist @baltimoresun writer artist runner #amwriting Md Troopers Assoc #20 & Westminster Md Fire Dept Chaplain PIO #partylikeajournalist
Showing posts with label Business Banking. Show all posts
Showing posts with label Business Banking. Show all posts

Saturday, March 22, 2014

News from The Hill: Wall Street’s warning shot to Ryan - By Peter Schroeder and Bernie Becker

News from The Hill: Wall Street’s warning shot to Ryan - By Peter Schroeder and Bernie Becker

The banking industry's vigorous pushback against Rep. Dave Camp's tax reform plan is a warning shot for his likely successor, Rep. Paul Ryan.

Like most industries, Wall Street isn’t worried that Camp’s (R-Mich.) plan could move through Congress in an election year. Plus, Camp is scheduled to be in his last year with the gavel of the powerful Ways and Means Committee.

But the financial industry fears that Camp’s proposal to tax the nation’s biggest banks could someday make a comeback when lawmakers seek revenue generators for legislation.

Read the story here.

March 22, 2014: The Hill's E-news
The Hill: Why not run? The pluses and pitfalls for 2016 GOP hopefuls
By Alexandra Jaffe
Many Republicans with an eye on the White House in 2016 may be asking themselves “Why not run?” when pondering a presidential bid.
The Hill: Leveling the playing field Obama's way
By Mike Lillis
President Obama intensified pressure on Congress to bolster economic opportunities for women in his much touted "year of action."
The Hill: GOP governors leading economic comeback?
By Rebecca Shabad
Michigan Gov. Rick Snyder (R) touted the economic successes Republican governors have achieved in their states during the party’s weekly address Saturday.
The Hill: Marco Rubio's Reagan moment?
By Cameron Joseph
If the Cold War is back, Marco Rubio wants to be Ronald Reagan.
The Hill: House to consider Ryan budget in April
By Russell Berman
House Republicans in April will consider a budget authored by Rep. Paul Ryan (R-Wis.) that sticks to a bipartisan spending level for 2015 but balances within a decade, Majority Leader Eric Cantor (R-Va.) told lawmakers on Friday.
The Hill: Obama signs flood insurance bill
By Erik Wasson
President Obama on Friday signed a bill that rolls back flood insurance rate increases on coastal properties called for in a 2012 reform of the trouble National Flood Insurance Program (NFIP).
The Hill: Michigan gay marriage ban overturned
By Rebecca Shabad
A federal judge on Friday struck down Michigan’s 2004 ban on same-sex marriage.
The Hill: House offers new Ukraine bill
By Erik Wasson
House lawmakers on Friday introduced a new Ukraine aid and Russia sanctions bill that does not contain controversial International Monetary Fund (IMF) reforms opposed by GOP leaders.
The Hill: ObamaCare drug savings touted
By Elise Viebeck
The Obama administration is out with new numbers touting consumer savings under the healthcare law, a move that will help boost Democrats' effort to go on offense on ObamaCare.
The Hill: GOP wishes Dems an unhappy O-Care anniversary
By Cameron Joseph
Republicans are wishing Democrats an unhappy fourth anniversary on ObamaCare.
The Hill: ‘Hip-hop’ caucus tries to excite blacks
By Tim Devaney
Members of the Congressional Black Caucus are trying to get young African-Americans excited about fighting climate change.
The Hill: Obama's move to relieve snooping fears
By Justin Sink
President Obama and senior administration officials huddled with top technology executives Friday to discuss progress on the president's proposed reforms to electronic government surveillance program, amid growing concerns voiced by some of Silicon Valley's biggest names over government surveillance.
The Hill: Sen. Feinstein 'open to changes' on NSA spying
By Kate Tummarello
Sen. Dianne Feinstein (D-Calif.) said Friday she will consider forthcoming recommendations to change the National Security Agency's (NSA) controversial phone surveillance program.
Bloomberg: Caterpillar said to be focus of Senate overseas tax probe
By Richard Rubin and Jesse Drucker
A U.S. Senate investigative panel is examining Caterpillar Inc. (CAT) and whether the company improperly avoided U.S. taxes by moving profits outside the country, said three people familiar with the inquiry.
Reuters: Rhode Island House speaker's home, office searched in federal probe
By Fausto Giovanny Pinto
U.S. federal law-enforcement officials searched the office and home of the speaker of the Rhode Island House of Representatives, Gordon Fox, on Friday, according to his spokesman.
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Saturday, August 10, 2013

New York Times: Authorities Plan to Arrest 2 Former JPMorgan Employees Javier Martin-Artajo and Julien Grout,

Authorities Plan to Arrest 2 Former JPMorgan Employees

Government authorities are planning to arrest two former JPMorgan Chase employees suspected of masking the size of a multibillion-dollar trading loss, a dramatic turn in a case that tarnished the reputation of the nation’s biggest bank and spotlighted the perils of Wall Street risk-taking.

The arrests are expected to take place in London as soon as next week, according to people briefed on the matter. The action, the people said, would come on the heels of a federal grand jury voting to indict the employees on criminal fraud charges.

The employees — Javier Martin-Artajo, a manager who oversaw the trading strategy from London, and Julien Grout, a low-level trader responsible for recording the value of the soured bets — could ultimately be extradited under an agreement with British authorities.

READ MORE » http://dealbook.nytimes.com/2013/08/09/authorities-set-to-arrest-2-former-jpmorgan-employees-in-london-whale-case/?emc=edit_na_20130809
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Monday, April 30, 2012

Barclays' Board Is Heckled Over Pay - NYTimes.com

Barclays' Board Is Heckled Over Pay - NYTimes.com: "APRIL 27, 2012, INVESTMENT BANKING


Barclays’ Board Is Heckled Over Pay BY JULIA WERDIGIER"


LONDON — Facing angry shareholders packed in a London concert hall, the management of Barclays pledged on Friday to reduce executive pay and apologized for not communicating enough with its shareholders.


Gathering at the Royal Festival Hall in London, which is usually reserved for music performances,   Robert E. Diamond Jr., the chief executive; Marcus Agius, the chairman; and the other members of Barclays’ board answered questions from disgruntled shareholders about why the bank paid million-dollar bonuses to its senior executives while earnings and the share price fell... http://dealbook.nytimes.com/2012/04/27/barclays-board-is-heckled-over-pay/?nl=business&emc=dlbkpma2_20120427

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Thursday, October 20, 2011

Yahoo Finance - Bank Transfer Day: A Protest With Your Money by Brian O'Connell

Bank Transfer Day: A Protest With Your Money
by Brian O'Connell Wednesday, October 12, 2011


Occupy Wall Street has dominated headlines for the past few weeks, with advocates and critics jaw-boning over whether it was government or Wall Street that fueled the financial crisis (here's a vote for both).


On the movement's Facebook page, protest organizers say that, even with new government regulations in place to keep banks in check, they're still making out like bandits. For example:

With the Durbin Amendment in effect, banks will still make 19 cents profit per processed transaction.

The average consumer uses his or her debit card 24 times per month.

Without the additional fee, Bank of America stands to turn a $3.3 billion annual profit from its 59 million customers' debit card transactions.

Here's an explanation from the organizers of Bank Transfer Day, straight from the group's Facebook page


Popular Stories on Yahoo!:




More from MainStreet.com:





[20111012 Yahoo Finance BTD A Protest With Your Money]

Yahoo Finance - Bank Transfer Day: A Protest With Your Money by Brian O'Connell

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“Fish Fish” by Kevin Dayhoff






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Credit Union Times: Bank Transfer Day Continues Facebook Runup

Credit Union Times: Bank Transfer Day Continues Facebook Runup

October 17, 2011 Subscribe Now!

Bank Transfer Day Continues Facebook Runup

Credit Union Times



October 17, 2011  •  Subscribe Now!

Bank Transfer Day Continues Facebook Runup

Kristen Christian, the Los Angeles art dealer who thought up Bank Transfer Day and tied it to Guy Fawkes Day.Kristen Christian, the Los Angeles art dealer who thought up Bank Transfer Day and tied it to Guy Fawkes Day.
The Bank Transfer Day phenomenon popping up all over the media – mainstream and social – took some new turns Monday.
[...] 
Credit unions in Ohio, South Carolina and Pennsylvania also have said they’re working to take advantage of the new wave of anti-bank sentiment.
[...]
As it turns out, Coasthills is one of two California CUs of choice for the now “credit union face” of Bank Transfer Day, Kristen Christian, the Los Angeles art dealer who created the original Facebook page about Bank Transfer Day a couple weeks ago and decided on Nov. 5 – Guy Fawkes Day in England – as the day.
Christian, who said she created the site out of her frustration at Bank of America’s new$5 monthly debit fee – reiterated Monday that she is not out for personal gain or notoriety but is a willing advocate for CUs “because of what they do and what they represent.”
Christian told Credit Union Times she has conducted “many interviews over the phone with radio station reporters from Texas and everywhere and now I have something on CNN with Don Lemon.”

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CUT Daily eNews

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“Fish Fish” by Kevin Dayhoff








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Wednesday, October 19, 2011

The Street: Bank Transfer Day: A Protest With Your Money By Brian O'Connell

Bank Transfer Day: A Protest With Your Money By Brian O'Connell



10/12/11

NEW YORK (MainStreet) -- Occupy Wall Street has dominated headlines for the past few weeks, with advocates and critics jaw-boning over whether it was government or Wall Street that fueled the financial crisis (here's a vote for both).

But even critics can't argue about the growth prospects of the "occupations" taking place in urban centers across the U.S. Now comes an offshoot of Occupy Wall Street that takes aim at banks where it hurts them most -- in their vaults.


Debit card fees of $5 a month from Bank of America are among steps leading to a "Bank Transfer Day" protest with a Nov. 5 deadline.

The social uprising -- called "Bank Transfer Day" – encourages bank customers to take their cash out of big banks and put it in smaller banks and credit unions instead. The movement is ostensibly in response to aggressive fees institutions are rolling out to recover profits lost from new financial regulations, notably Bank of America's(BAC_) decision to stick debit card users with a $5 monthly fee and Wells Fargo's(WFC_) $3 test of the same… http://www.thestreet.com/story/11274526/1/bank-transfer-day-a-protest-with-your-money.html



“Fish Fish” by Kevin Dayhoff






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Community Banker Today: “Bank Transfer Day” Gaining Traction on Facebook

Community Banker Today: “Bank Transfer Day” Gaining Traction on Facebook


OCTOBER 13, 2011

A social media–based campaign, started by a disgruntled customer, to transfer bank accounts from big banks to credit unions is growing. More than 30,000 people have signed onto the "Bank Transfer Day" Facebook event page, which instructs participants to transfer their accounts on Nov. 5 from large banks to local credit unions.

ICBA is taking the opportunity to remind reporters and consumers that community banks are a great, hometown banking alternative. As part of its "go local" movement, ICBA is encouraging consumers to realize the litany of benefits associated with community banks, including a relationship-based banking experience and superior customer service.

ICBA also continues to offer its Community Bank Locator to help consumers find a community bank in their area.











From the Wires





From the Regulators



From Congress


Community Banker News & Events






[20111013 Community Banker Today BTD Gaining Traction on FB]


“Fish Fish” by Kevin Dayhoff








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