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Bank of America Hits Pay Snag in CEO Hunt
online.wsj.com — Bank of America Corp. directors are hitting a new hurdle as they hunt for the giant bank's... next CEO: Obama administration pay czar Kenneth Feinberg. William Demchak, senior vice chairman at PNC Financial Services Group Inc., spurned a feeler last ... (more) Bank of America Hits Pay Snag in CEO Hunt
Fed Said to Ask Banks to Submit Plans to Repay TARP (Update1)
Fed Said to Ask Banks to Submit Plans to Repay TARP (Update1)
bloomberg.com — Nov. 23 (Bloomberg) -- The Federal Reserve asked nine of the U.S. banks that were part of... this year’s stress tests to submit plans for repaying the government’s capital injections, a person familiar with the situation said. The central bank this ... (more) Fed Said to Ask Banks to Submit Plans to Repay TARP ...
National City Bank sweetens stakes to snare retail customers
hf-implode.com — "National City Bank has launched a promotion paying $300 to customers who open direct-deposit checking accounts, double... what any major retail bank in Chicago has offered. Chicago’s fifth-largest bank by deposits, which next June will rebrand itself PNC Bank, is running the promotion until Nov. ... (more) National City Bank sweetens stakes to snare retail customers