HARRISBURG, PA — Pennsylvania Attorney General Dave Sunday has filed a civil lawsuit against a York County contractor accused of pocketing over $150,000 in advance payments from homeowners and then…
HARRISBURG, PA — A State College landlord accused of withholding security deposits and providing unsafe living conditions has reached a settlement with the Pennsylvania Attorney General’s Office. Rodney Hendricks, doing…
(Reuters) – M&T Bank’s fourth-quarter profit plummeted 37% on Thursday, due to higher deposit costs and a special assessment fee the lender has to pay to refill a government deposit…
(Reuters) – Charles Schwab’s fourth-quarter profit fell 47% as bigger interest payments on its client deposits and debt dented gains from a jump in asset management fees, the brokerage reported…
By Francesco Canepa FRANKFURT (Reuters) – European Central Bank policymakers are reviewing the interest the bank pays on government cash deposits, including a potential cut, to try and rein in…
By Balazs Koranyi MARRAKECH (Reuters) – European Central Bank policymakers are planning a springtime push to cut interest payments made to commercial banks, in part to recoup some of the…
PERTH AMBOY, NJ – The Perth Amboy Police Department is alerting the community about an apartment rental scam that has defrauded multiple residents. Eridelbi Placencia, a 32-year-old resident of Perth…
By Iain Withers LONDON (Reuters) – A majority of large European banks reported a fall in deposits over the year to June 2023 as customers shopped around for better savings…
(Reuters) – Apple’s high-yield savings account offered by its partner Goldman Sachs has reached over $10 billion in customer deposits, the technology giant said on Wednesday. The deposit account, which…
SEOUL (Reuters) – South Korea will loosen loan regulations for homeowners having difficulty repaying “jeonse” deposits to tenants, for a year starting on Thursday, the financial regulator said. Jeonse refers…
By Saeed Azhar and Nupur Anand NEW YORK (Reuters) – Deposits at U.S. banking giants including JPMorgan and Wells Fargo are expected to extend their second-quarter decline as consumers keep…
SYDNEY (Reuters) – New Zealand passed a law on Thursday guaranteeing bank deposits up to NZ$100,000 ($60,770), a move it said would strengthen and protect its financial system. The Deposit…
(Reuters) – Silicon Valley Bank’s customers in Asia whose deposits were recently seized by the U.S. Federal Deposit Insurance Corp (FDIC) are under pressure to repay loans to First Citizens…
(Reuters) – Deposits at all U.S. commercial banks slipped last week and overall credit provided by banks edged lower as well, Federal Reserve data released on Friday showed. Deposits in…
(Reuters) – Deposits at U.S. banks climbed in early May, ticking up from the lowest level in nearly two years while bank lending was little changed at a record level,…
(Reuters) – Deposits at commercial U.S. banks dipped in the week ended April 19, signaling no fresh worries about bank safety of the kind that drove sharp outflows in the…
(Reuters) – Deposits at all U.S. commercial banks dropped in the second week of April, though at smaller banks deposits held steady in a sign of stabilization in the financial…
By Mehnaz Yasmin and Niket Nishant (Reuters) – JPMorgan Chase & Co on Friday reported a surge in deposits in the first quarter, as the sudden collapse of two U.S.…
By Dan Burns (Reuters) – Deposits at U.S. commercial banks rose near the end of March for the first time in about a month, showing signs of stabilizing after the…
By Mike Dolan LONDON (Reuters) – Cash-like money funds could increasingly suck deposits from smaller U.S. banks until lagging bank savings rates are finally forced up to compete while the…
By Tatiana Bautzer and Nupur Anand LAS VEGAS (Reuters) – Mid-sized U.S. lenders are getting creative as they try to hang onto customer deposits after two bank failures rattled consumers…
ZURICH (Reuters) – Sight deposits held by the Swiss National Bank (SNB) jumped last week, data showed on Monday, suggesting that both Credit Suisse and UBS may have taken big…
(Reuters) – First Citizens Bank & Trust Co will buy all of Silicon Valley Bank’s deposits and loans from the Federal Deposit Insurance Corporation (FDIC), the regulator said in a…
By Tatiana Bautzer and Nupur Anand New York (Reuters) – As U.S. banks prepare to close the books on a tumultuous quarter, analysts say trading revenue and deposits are among…
Janet Yellen Says Government Won’t Offer ‘Blanket Insurance’ Of Bank Deposits Jason Cohen on March 22, 2023 Treasury Secretary Janet Yellen told lawmakers Wednesday that the Federal Deposit Insurance Corporation…