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wtop.com | April 13, 2016
Five of the biggest U.S. banks have six months to get their disaster plans in shape. That’s the message regulators issued Wednesday after giving the banks failing grades for the strategies they would deploy if they tumbled into bankruptcy.JPMorgan Chase, Bank of America, Wells Fargo, Bank of New York Mellon and State Street Bank were cited by the Federal Reserve and the Federal Deposit Insurance Corp....
| April 20, 2016
The United Kingdom will soon settle the debate to quit the European Union with a vote, but the ramifications of the decision will be felt by banks far outside Europe....
| April 25, 2016
"Leith Williamson alleges the National Australia Bank (NAB) allowed her former partner to secure hundreds of thousands of dollars in loans in her name, as well as a bank guarantee using her home as security, without her knowledge.
The 58-year-old marketing consultant has spent four years trying to work out how debts approved by NAB for her former partner, real estate agent Phillip Waight, spiralled out of control.
In its statement of defence, the bank said it had not been able to find document...
"IRVINE, Calif. (AP) _ Opus Bank (OPB) on Monday reported first-quarter profit of $17.3 million.
The Irvine, California-based bank said it had earnings of 51 cents per share.
The state-charted commercial bank posted revenue of $64.4 million in the period."...
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