Like some financial advisers after the 2009 merger of brokerage giants Morgan Stanley and Smith Barney, Michael Salardino said he had grown frustrated with the changes the trillion-dollar consolidation brought on.
The National Federation of Community Development Credit Unions announced a new program designed to help New York City area CDCUs offer payday loan alternatives last week.
If the folks who manage automotive lending at credit unions are feeling a little queasy these days, it’s with good reason. Watching their market share the past four years has been akin to spending a long weekend at an amusement park, going up and down on the world’s steepest and...
With the Consumer Financial Protection Bureau launch about a month away, credit union executives are expecting to spend more money and time complying with myriad of new regulations.
Around Valentine’s Day three years ago, holders of auction rate securities fell completely out of love with the debt instruments, causing a market freeze and a slew of lawsuits against the banks with claims of misrepresentation. The fallout continues.
Elizabeth Vale, who has been the executive director of the White House Business Council, was named the assistant director for community banks and credit unions of the new Bureau of Consumer Protection.
Some retirees and pre-retirees who are opting for traditional solutions and managing their income on their own are giving the cold shoulder to some financial service firms hawking their wares.
Financial service firms hawking their wares are getting the cold shoulder from some retirees and pre-retirees who are opting for traditional solutions and managing their income on their own, a new study revealed.