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    May 23, 2013 |Story| Reuters
  1. U.S. Commerce nominee faces questions on failed bank, tax havens

    Reuters
    WASHINGTON, May 23 (Reuters) - President Barack Obama's choice to lead the Department of Commerce faced questions on Thursday about her role in the failure of a Illinois bank in the early 2000s and her billionaire family's use of offshore tax havens to...

    Tags: Hotel and Accommodation Industry, Republican Party, Labor Legislation, Finance, Economy, Business and Finance

  2. May 23, 2013 |Story| Reuters
  3. Commerce nominee fields questions on failed bank, tax havens

    Reuters
    WASHINGTON (Reuters) - Chicago billionaire Penny Pritzker appeared on her way to becoming Commerce Secretary on Thursday, after a top Republican said she had satisfactorily answered most of his questions about her role in the failure of an Illinois bank...

    Tags: Republican Party, Hotel and Accommodation Industry, White House, Labor Legislation, Finance

  4. Apr 30, 2013 | Allentown Morning Call
  5. Citizens Bank customers could be entitled to refunds

    Watchdog with Paul Muschick
    Federal banking authorities announced Tuesday that Citizens Bank and one of its affiliates, RBS Citizens, have settled investigations into their overdraft protection programs and checking reward programs. About 340,000 customers will get a total of...
  6. May 21, 2013 |Story| South Florida Sun-Sentinel
  7. OptimumBank leaders determined to ride out storm

    The numbers would make anyone blink: Bad loans account for nearly a fifth of Fort Lauderdale-based OptimumBank's $88.6 million loan portfolio. But this isn't a tale of woe from the Great Recession. It's happening this year. There may be more bad times ahead, warns new OptimumBank CEO Timothy Terry, but he is still hoping to turn a profit by the end of the year.
    The numbers would make anyone blink: Bad loans account for nearly a fifth of Fort Lauderdale-based OptimumBank's $88.6 million loan portfolio. But this isn't a tale of woe from the Great Recession. It's happening this year. There may be more bad times...

    Tags: Foreclosures, Deerfield Beach, Tamarac, Hillsboro Beach, Banking

  8. May 20, 2013 |Story| Daily Press
  9. Atkins named King William Essex Bank manager

    Essex Bank is proud to announce the appointment of Ashley Sines Atkins as branch officer at the bank's King William Office.
    Essex Bank is proud to announce the appointment of Ashley Sines Atkins as branch officer at the bank's King William Office. A resident of King Williams County, Ms. Atkins is a graduate of Longwood University, earning a Bachelor of Arts degree in...

    Tags: Media Industry, Finance, Banking, Economy, Business and Finance, Essex (Baltimore, Maryland)

  10. May 19, 2013 |Story| South Bend Tribune
  11. Niles Library offers financial classes

    South Bend Tribune
    NILES — “Making Change” is about taking control of your financial life. In a recent financial literacy survey, 40 percent of U.S. adults gave themselves a C, D or F on their knowledge of personal finance. And nearly four out of five...

    Tags: The Salvation Army, Personal Finance

  12. May 15, 2013 |Story| Chicago Tribune
  13. U.S. Bank to brand LaSalle Street Tower

    Trying to raise its profile in Chicago, Minneapolis-based U.S. Bank said it has secured the naming rights to the 190 S. LaSalle St. building, where it will boost its square footage by 65 percent.
    Trying to raise its profile in Chicago, Minneapolis-based U.S. Bank said it has secured the naming rights to the 190 S. LaSalle St. building, where it will boost its square footage by 65 percent. The street-level U.S. Bank Building signage should go up...

    Tags: Labor Legislation, Corporate Performance, Career and Workplace, Park National Corporation, Marketing

  14. May 15, 2013 |Story| Reuters
  15. U.S. FDIC's Gruenberg joins call for higher bank capital

    Reuters
    WASHINGTON, May 15 (Reuters) - Limits on how much banks can borrow may need to be tougher, a top U.S. banking official said on Wednesday, the latest in a growing group of regulators to call for big banks to set aside more equity to fund their business....

    Tags: Martin J. Gruenberg, Federal Reserve, Sherrod Brown, David Vitter

  16. May 15, 2013 |Story| Chicago Tribune
  17. U.S. Bank gains naming rights to LaSalle Street building

    Trying to raise its profile in Chicago, Minneapolis-based <strong>U.S. Bank</strong> said it has secured naming rights to the 190 S. LaSalle St. building, where it will boost its square footage by 65 percent.
    Trying to raise its profile in Chicago, Minneapolis-based U.S. Bank said it has secured naming rights to the 190 S. LaSalle St. building, where it will boost its square footage by 65 percent. The street-level U.S. Bank Building signage should go up this...

    Tags: Labor Legislation, Corporate Performance, Banking, U.S. Securities and Exchange Commission, Satellite and Cable Service

  18. May 14, 2013 |Story| Allentown Morning Call
  19. Manager pleads guilty in Allentown mortgage fraud case

    The manager of an Allentown mortgage company who obtained fraudulent loans worth $1.5 million has pleaded guilty in federal court. Joel Tillett, 36, of Whitehall Township admitted to conspiracy and forging loan documents to ensure clients' mortgage...

    Tags: Defendants, Lawyers, Mortgages, U.S. Department of Housing and Urban Development, Crime, Law and Justice

  20. May 13, 2013 |Column| Orlando Sentinel
  21. Will Dodd-Frank save (or stifle) capitalism?

    WASHINGTON -- It's been five years since the onset of the financial crisis -- the rescue of Bear Stearns in March 2008 -- and we still don't know whether the financial system is safe. In a recent speech, Daniel Tarullo, the Federal Reserve's point man on regulation, contended that substantial, though incomplete, progress has been made. As an example, he cited the doubling of equity capital for the 18 largest bank holding companies from $393 billion in late 2008 to $792 billion at the end of 2012. Equity capital is shareholders' money; it acts as a buffer against losses. Interestingly, JPMorgan Chase's well-publicized $6 billion loss by the trader nicknamed the &quot;London Whale" confirms the point. Despite the loss's size, it never threatened a panic or overall financial stability.
    WASHINGTON -- It's been five years since the onset of the financial crisis -- the rescue of Bear Stearns in March 2008 -- and we still don't know whether the financial system is safe. In a recent speech, Daniel Tarullo, the Federal Reserve's point man...

    Tags: Business Institutions, Finance, Banking, U.S. Securities and Exchange Commission, Litigation and Regulation

  22. May 10, 2013 |Story| Los Angeles Times
  23. Freshman senator with senior pluck takes on the financial industry

    WASHINGTON &mdash; Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill.
    WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes,...

    Tags: Scott P. Brown, Finance, Sports, Fannie Mae, Elizabeth Warren

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Federal Deposit Insurance Corporation Photos
Benjamin P. Shapiro has been named practice group manag...
(April 15, 2013)
 Benjamin P. Shapiro, group practice manager, Roetzel
FDIC economist Martha Solt is president of a union loca...
(November 14, 2012)
please get an environmental portrait of Martha Solt, chapter president of a union representing workers at FDIC headquarters
Stanley F. Orszula has joined the Chicago office of Qua...
(November 7, 2012)
Stanley Orszula, partner, Quarles & Brady LLP