With a diverse mix of college students, state government employees and natives who commute from neighboring smaller towns, Tallahassee, Fla., may be ripe for a new financial services alternative.
Investment bank giant pulls out of sponsorship of Lower East Side People's FCU event.
The NCUA sued investment bank Goldman Sachs last week, seeking damages of more than $491 million and alleging misrepresentations by the firm when selling mortgage-backed securities to U.S Central and Western Corporate credit unions.
Agency adds to list of actions filed against investment banks in wake of corporate collapses.
Gary Easterling says it's "nice to see trend go the other way" as his $1.2 billion CU moves on buying small Indiana thrift.
See you in court. After failing to reach an agreement with two of the largest investment bank to recover losses from mortgage-backed securities sold to corporate credit unions, the NCUA last week filed civil lawsuits against RBS Securities, a Royal Bank of Scotland unit, and J.P. Morgan Securities. The agency is...
Microsoft is famous in the hiring world for using brainteasers to identify creative problem solvers as part of its interview process: How would you move Mount Fuji? How would you weigh a jet plane without scales? Which way should the key turn to unlock a car door? How do they...
Sterne Agee, one of the oldest and largest privately owned investment banking firms in the country, will host a forum exclusively for credit unions today.
Federal accounting rules, deteriorating securities and an increasing corporate bailout price tag are hurdles the NCUA will have to overcome in its quest to rid corporates of toxic investments.
Two industry veterans say securitizing toxic corporate assets could push the cost of corporate stabilization above the current $9.5 billion tab.