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By Heather Anderson |
April 15, 2012
Lawyers for Wachovia Capital Markets filed documents in Kansas City Federal Court asking the court to dismiss NCUA’s securities fraud case against the firm now owned by Wells Fargo. Central to Wachovia’s argument is a question that has haunted the NCUA ever since the collapse of U.S. Central FCU: Why...
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By Heather Anderson |
April 9, 2012
Filings in suit over U.S. Central losses show bank says corporates knew the risks of investing in mortgage-backed securities.
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By Michelle A. Samaad |
March 12, 2012
Florida CU names Wells Fargo, J.P. Morgan, Merrill Lynch and others for creating phony demand for residential mortgage loans.
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By Robert McGarvey |
December 23, 2011
Preliminary ruling says statute of limitations expired.
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By Marc Rapport |
November 3, 2011
Credit unions really may stand to benefit from Bank Transfer Day and consumer dissatisfaction with big banks, a new Harris Poll shows.
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By Robert McGarvey |
October 21, 2011
Former Wachovia customers in South Carolina, Florida report getting other people's statements.
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By Myriam DiGiovanni |
September 7, 2011
To bash or not to bash banks?
It’s been a hotly debated issue that probably won’t be definitively resolved any time soon.
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By Jim Rubenstein |
April 25, 2011
Organized labor in Florida is asking its members to pull their funds out of major banks supporting what labor leaders call a union-busting bill.
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By David Morrison |
November 8, 2010
The $16 million Bethex Federal Credit Union has won an award that will bring it an additional $25,000, the credit union said.
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By Marc Rapport |
October 13, 2010
The arrests of dozens of suspects in New York last week for the theft of at least $3 million from banking accounts across America was both good news and a wakeup call for the credit union industry.