UBS, Credit Suisse: Swiss Bank Shorts Worth 30%

Vikram Pandit is not the only bank CEO who is trying desperately to find that tricky balance between contraction and shareholder value; ... -supermarket model. Shares of Union Bank of Switzerland (UBS), Credit Suisse (CS) and Deutsche Bank (DB ... will have to follow suit shortly. The problem UBS and Credit Suisse confront is that (a) a fair proportion [more...]

Date: 2009-01-15 14:18:17

Blog posts (21) | Videos (122)
 

How to Get Your Official San Francisco ID Card, Program Kicks Off Today

First of all, if you’re asking yourself how on Earth you could possibly use one of these cards, then don’t worry about this whole program, ... you can use it. Oakland-based Capture Technologies says that these $15 cards are “protected ... of the Bank on SF partners – both banks and credit unions – will be accepting the SF City ID Card [more...]

Date: 2009-01-15 20:23:31

The only thing we have to fear is fear itself.

We’re starting off with a little history. During the presidential campaign in 1932, Frankin D ... everyone borrows from the banks, licensed lending companies, credit unions and the car makers who offer ... up in Washington can talk about “freeing up the credit market” and “easing liquidity”, but it all comes [more...]

Date: 2009-01-15 11:51:55

Things I Learned When I Refinanced My Home

Some days I feel like a home refinancing expert. I’ve refinanced my home twice in the last three years to take advantage of attractive interest ... , I called my local banks, credit unions, and savings and loan companies. I also checked interest rates ... to the interest rates on many credit cards. In addition to looking for a lower interest rate, people [more...]

Date: 2009-01-15 01:31:07

Pink Slip Loans…Even for Cheap Cars!

Pink Slip Loans…Even for Cheap Cars! January 14th, 2009 by Charles Pruett It may seem like a crime, having bad credit and not being able to get a loan from you bank or credit union; and…well…it sort of is. And no matter whose fault it is your credit is in the tank, you can get one of 800LoanMart’ [more...]

Date: 2009-01-14 16:23:32

Consolidating Your Debt

by William Blake Debt can overpower your life and make your life more stressful than you need it to be ... for getting back on the right financial path. Debt Consolidation - Unsecured An unsecured loan ... Information on Debt Consolidation Almost all lending institutions, banks, credit unions [more...]

Date: 2008-11-13 15:08:33

What’s in a credit history?

Sep 29th, 2009 | print |  email  | Post a comment  |  Listen to the Article - Dana El BaltajiThe Union of Arab Banks (UAB), a community of Middle East-based financial intuitions, has called for the establishment of a central credit bureau and risk management firm for banks in the region, reported Gulf News on Monday.“A unified credit bureau will strengthen the GCC financial sector and lead to greater transparency in the regional economies. [more...]

Date: 2009-09-29 10:24:23

A Tale of Two Lenders

I’ve talked before about the difference between banks and credit unions ... about my friend who called me up and needed some advice on debt consolidation. She wanted to get all of her credit ... who then made the determination. He didn’t even see a credit score. My question was about the debt [more...]

Date: 2008-10-21 13:02:50

Unions welcome jobs action but want more to curb banks

by Chris McLaughlin UNION leaders gave a qualified welcome to the Government’s “bold and pro-active” jobs initiatives this week but called on ... a £20 billion loan guarantee scheme aimed at filling a business credit gap caused by the banks’ ... financial restructuring” of car manufacturers whose bosses and workers have called on the Government [more...]

Date: 2009-01-15 23:55:25

Ramp up rewards while others ramp down

The Wall Street Journal reported yesterday that banks are busy making rewards plans less rewarding. Saying: Now, with the economy contracting and fears rising about credit-card delinquencies, banks are trying to cut costs and bolster profits. While credit unions face many of the economic [more...]

Date: 2009-01-15 14:01:17

Fifty Fun Facts About Bank Failures

While I was researching the differences among thrifts, banks, and credit unions, ... insurance coverage limits have exceeded inflation (according to the BLS’s inflation calculator). The FDIC [more...]

Date: 2008-09-02 16:00:39

Municipal ID program takes off

It took more time than it should have, but San Francisco's long anticipated ID Card program took off today ... banks and credit unions have also stated that they will accept the card to open a financial account [more...]

Date: 2009-01-15 20:48:35

5 Ways to Save Money on Your Next Vehicle Loan

by Ada Denis Don’t get stuck with a bad car deal. Here are five ways to walk away from an auto dealership and save money on the vehicle loan. 1 ... an application with your personal bank, credit union, finance company, or online auto loan broker [more...]

Date: 2008-12-09 09:27:49

Quicken for Mac Lacks Extended Validation Certificate Support

A few days ago, in the middle of the first wave of snow that hit Seattle, I tried to download banking transactions from my credit union, BECU (once dedicated to Boeing employees) using Quicken 2006 [more...]

Date: 2008-12-23 19:24:50

Times: Madoff Losers List

Top 86 Madoff losers from the Times (1/13/09). In descending order, rounded with explanations removed.1. Fairfield Greenwich Group, $7.5 billion2 ... International Advisors, $1.4 billion8. Fortis Bank Netherlands, $1.4 billion9. Union Bancaire Privee, $1.08 ... million27. Aozora Bank, $137 million28. Credit Mutuel, $124 million29. Dexia, $107 million30. [more...]

Date: 2009-01-13 16:04:00

Headline News - January 14, 2009

Wall St. Journal: Bank of America to Get Billions in U.S ... AIte Group Report: U.S. Credit Unions: Seize the Opportunity Note: Throughout the day, as Payments ... Services Acquires Private Label Credit Card Program of Canadian Luxury Jeweler Birks Bank Systems [more...]

Date: 2009-01-14 13:26:41

Vantage CU’s Twitter 2.0 banking breakthrough

Every time you start to think the financial industry’s fixation with Twitter may be easing, something completely new comes along and shakes things up. Like this stunner: TweetMyMoney, a new fully-proprietary innovation from Vantage Credit Union that allows people to access account information and make transfers via Twitter. With the revolutionary new service, members can check their account balances, deposits, withdrawals, holds and cleared checks with simple commands. [more...]

Date: 2009-09-29 11:21:28

Upon starting to glance at our taxes

So one thing federal financial regulators and Congress need to examine is why banks can pay virtually nothing in interest rates on standard savings ... while regulating the hell out of them. And yes, there are credit unions, which can be a good [more...]

Date: 2009-01-06 18:53:43

Your deposits are up. So what?

“Deposits are the lifeblood of banks.” – Bob Chapman, President Bank of the James These days, ... by at least 11%. And a recent survey by CUNA found that one-fourth of credit unions were enjoying above [more...]

Date: 2009-01-14 11:21:35

Fed Funds Rate Drop Update: Locking In Higher Bank Yields Now

Given the recent drop in the Fed Funds rate to nearly zero, bank have been adjusting their interest rates accordingly ... ) Certificates of Deposit Pentagon Federal Credit Union is offering 3-year, 4-year, and 5-year CDs at 4.75 [more...]

Date: 2008-12-22 12:32:43

FBI searching for 'Wilson Bandit' bank robber

The FBI is seeking information about a man nicknamed the ''Wilson Bandit,'' who may have robbed credit unions in Ahwatukee and Tempe in the last three months. [more...]

Date: 2009-01-13 23:28:43

21 Results