Bank of America has tentatively agreed to a $410 million overdraft fee lawsuit settlement, according to court documents released Monday. The lawsuit was filed as a class action against some U.S. banks, but the Charlotte-based banking titan is the first ...Read More »
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Cell phones were once clunky bricks carried by only a privileged few. Today, millions use the seemingly ubiquitous devices for instant communication and more than ever for banking. But with the introduction of new technology, the way of banking is ...Read More »
Age: 62 Lives in: Mooresville Family: wife, Carol; children, Lauren, 25, Taylor, 22 Education: attended Eastern Michigan University but didn’t graduate Bill Sundberg has changed jobs a lot. One might say that’s a sign of the times, but for this ...Read More »
The liberal advocacy group MoveOn.org is making Bank of America a target in a campaign over what it calls unfair tax policies. Members of the group plan to rally outside the bank’s Charlotte headquarters today, the day federal income tax ...Read More »
Searching for a place to build a technology-development center in 2009, Deutsche Bank AG considered various cities, including Charlotte, Raleigh and Maryland. Unfortunately for Charlotte, the Germany-based investment bank picked Cary, a town just outside Raleigh in Wake County. In ...
Tagged with: AARP Bank of America of Commerce Charlotte Chamber of Commerce Credit Suisse David Murdock Deutsche Bank AG Greater Raleigh Chamber Greinier Bio-One North America Harrison Campbell Ken Atkins Maarjorie Benbow North Carolina Biotechnology Center North Carolina Research Campus Nutramax Laboratories Research Triangle Park Tony Crumbley Wake County Economic Development Wells FargoRead More »
WASHINGTON — State attorneys general and federal officials held an all-day negotiating session Wednesday on the nation’s foreclosure crisis with five of the nation’s largest banks, seeking to resolve allegations of wrongdoing that law enforcement officials say have impacted millions ...Read More »
Wells Fargo & Co. chief financial officer Howard Atkins is retiring and the bank’s chief administrative officer and senior executive vice president will fill the post. Timothy Sloan, 50, will replace Atkins immediately, Wells Fargo said. Atkins’ retirement is not related to ...
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The recovery of Charlotte’s commercial real estate market might take longer than other major cities. That was the message of one speaker Wednesday during a real estate forecast forum in Charlotte. “Charlotte’s clouds may not clear as quickly as others ...Read More »
An investigation by the North Carolina attorney general into the foreclosure practices of 14 mortgage lenders does not stem from complaints from North Carolina consumers, according to a spokeswoman for the attorney general. On Wednesday, Attorney General Roy Cooper announced ...
Tagged with: American Home Mortgage Servicing Aurora Bank Bank of America BB&T Mortgage Citi Mortgage HSBC JP Morgan Chase MetLife Home Loans Noelle Talley OneWest Bank PHH Mortgage PNC Mortgage Roy Cooper SunTrust Mortgage US Bank Home Mortgage Wells FargoRead More »
Across the nation, there has been a movement toward the development of electric smart grids. The grids allow utility customers to track and manage energy use on a near real-time basis, giving the customer an opportunity to decrease power use ...
Tagged with: Anthony Foxx Bank of America Barrack Obama Charlotte Center City Partners Cisco Duke Energy Corp. Electric Power Research Institute Envision: Charlotte Federal Energy Regulatory Commission Mark McGranaghan Navigant Consulting North Carolina Utilities Commission Paige Layne smart grids Structure Consulting Group U.S. Department of Energy Wells FargoRead More »