Annapolis, MD – In a significant development, Annapolis police apprehended a 42-year-old Gambrills man, James Bowen, on charges related to the theft of multiple cash deposits from a local business. …
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(Reuters) – Comerica on Friday forecast an 11% drop in its net interest income (NII) in 2024, as it pays more interest on deposits to keep customers from moving to …
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By Ebru Tuncay ISTANBUL (Reuters) – Some Turkish banks have begun to cut their lira deposit rates to ease pressure on margins, banking sources said, after rising interest rates during …
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By David Lawder WASHINGTON (Reuters) – The Biden administration on Wednesday urged big companies to deposit another $2 billion into U.S. community lenders to boost loans to minority and underserved …
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OCEAN COUNTY, NJ — On October 23, Jeffrey Crawford, 50, of Lacey Township, entered a guilty plea for the crime of Theft by Failure to Make Required Disposition of Property …
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‘Being A Crook Doesn’t Mean You’re A Moron’: Jonathan Turley Slams ‘Direct Deposit’ Depictions Of Biden Allegations Harold Hutchison on August 10, 2023 George Washington University law professor Jonathan Turley …
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SEOUL (Reuters) – Customer withdrawals from MG Community Credit Cooperatives (MGCCC), a troubled South Korean credit union, have clearly stabilised amid government efforts to ward off a liquidity crunch, the …
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By Winni Zhou and Ryan Woo SHANGHAI/BEIJING (Reuters) – China’s major state banks have lowered their dollar deposit rates for the second time in a month, seven banking sources with …
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SHANGHAI/BEIJING (Reuters) – China’s central bank has surveyed some foreign banks in the past week about the interest rates they offer to their clients for dollar deposits, people familiar with …
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BEIJING (Reuters) – Several Chinese commercial banks cut interest rates on a range of yuan deposits from Monday, following their larger peers in a coordinated move to ease pressure on …
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By Chris Taylor NEW YORK (Reuters) – As any fan of spy thrillers knows, there is only one place to put your really valuable stuff: A safe deposit box. But …
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(Reuters) -The U.S. Federal Deposit Insurance Corporation is planning to exempt smaller lenders from kicking in extra money to replenish the government’s bedrock deposit insurance fund, and instead saddle the …
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WASHINGTON (Reuters) – The U.S. Treasury Department on Thursday said it was continuing to monitor market developments amid sharp drops in the shares of regional lenders PacWest Bancorp <PACW.O and …
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(Reuters) – Western Alliance Bancorp said on Wednesday it had not experienced unusual deposit outflows following the sale of collapsed lender First Republic Bank to JPMorgan Chase & Co, as …
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By Hannah Lang (Reuters) – A key U.S. banking regulator is set to publish a comprehensive overview of the federal deposit insurance system on Monday, teeing up fresh debate about …
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(Reuters) – China nudged banks this month to cut deposit interest rates further, seven people with knowledge of the matter said, in the latest effort to channel the country’s vast …
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By Hannah Lang (Reuters) – The evolution of “open banking” in the U.S. could impact how regulators supervise banks, as seamless account portability between financial institutions could lead to increased …
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NEW YORK (Reuters) – Apple Inc is seeking to attract U.S. savers with a new high-yield deposit account it announced on Monday with partner Goldman Sachs Group Inc amid increased …
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EPHRATA, PA – Ephrata Police recently charged Sean P. Quick, 55, of Ephrata, Pennsylvania, with Impersonating a Public Servant after an incident at Ephrata National Bank on March 20, 2023. …
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BEIJING (Reuters) – Several small and mid-sized banks in China have lowered their deposit interest rates, a move that could help ease costs as loan growth faces more pressure amid …
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By Douglas Gillison and Pete Schroeder (Reuters) – The White House on Thursday moved to reassure the nation’s community banks that they would not have to foot a $23 billion …
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By Hannah Lang (Reuters) – The Federal Deposit Insurance Corp (FDIC) and its flagship deposit insurance fund have been active since the Great Depression to provide an orderly resolution for …
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WASHINGTON (Reuters) – A proposal to raise the Federal Deposit Insurance Corporation’s $250,000 limit for protecting depositors’ accounts should be considered, but any costs should be paid by the banks, …
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By Hannah Lang and Pete Schroeder (Reuters) – In the United States and many other countries, the government guarantees a certain amount of each customer’s deposits in the event of …
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By Douglas Gillison and Pete Schroeder (Reuters) – U.S. policymakers should avoid a “knee jerk” reaction in considering changes to bank deposit insurance guarantees in the wake of Silicon Valley …