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News

Dodd-Frank sears through Wall Street banks; IT hiring to spike?

Dodd-Frank has already affected many banks, which are still rushing to figure out the nuts and bolts of every mandate. The law is comprehensive in scope. So at JPMorgan Chase, executives and managers... Read more...

Priorities right on card fraud issues?

Javelin Strategy & Research analyzed the top 25 U.S. card issuers' methods of dealing with identity fraud--its fifth annual report on the topic--and found that banks generally are showing... Read more...

The real source of financial services fraud

The financial services industry is somehow always engulfed in fraud, and whether real or perceived, fraud always seems to be in the media. (Right now, there is certainly no shortage of investigations... Read more...

Press Releases

Citibank Survey Shows Majority of California Small Business Owners Bracing for a Double-Dip Recession

Eighty-five percent are concerned about another downturn, yet three-quarters say they are prepared to weather the storm Despite continuing challenges, majority of small business owners enjoy running Read more >>

Citibank Survey Shows Majority of Small Business Owners Bracing for a Double-Dip Recession

Eighty-six percent are concerned about another downturn, yet 75 percent say they are prepared to weather the storm Despite continuing challenges, vast majority of small business owners love or like Read more >>

Fitch Rates Citigroup ROCs and ROLs, Series 11872

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings assigns a rating of 'AA/F1+' to the Citigroup Reset Option Certificates Trust II-R (ROCs), series 11872, and a rating of 'AA' to the Reset Option Longs Read more >>

Financial Services Industry Veteran Mary Beth Davis Joins AccountNow, Inc. in Key Product Management & Development Role

SAN RAMON, Calif., Aug. 17 /PRNewswire/ -- AccountNow, Inc., one of the nation's leading prepaid debit card providers, has further bolstered its management team with the hiring of Mary Beth Davis as Read more >>

Chase Purchases $3.5 Billion of Performing Multifamily and Commercial Real Estate Loans from Citibank

NEW YORK--(BUSINESS WIRE)-- JPMorgan Chase announced today that it has purchased a $3.5 billion portfolio of multifamily and commercial real estate loans from Citibank. Terms were not disclosed. The Read more >>