As part of its plan to focus on manufacturing, General Electric Co. said it will sell commercial lending and leasing businesses worth more than $30 billion to Wells Fargo & Co., Reuters reported. Overall, General Electric is …
The Wall Street Journal: Under pressure to reduce the number of women dropping out of the banking industry, some of the biggest firms in the U.S. finance industry are going on the offensive. Recognizing they can’t …
The interactive teller machine is getting some love at banks and credit unions across the state. The Corridor Business Journal, citing KCRG-TV9, reported that MidWestOne Bank has installed one at a branch in Iowa City. PSB Bank …
A proposal to slash dividends paid to private banks that are members of the Federal Reserve system is drawing criticism from the banks. “It sets a bad precedent,” a spokeswoman for the Iowa Bankers Association …
Banks and credit card companies may not force customers to sign away their legal rights to take part in class-action lawsuits, under an early-stage U.S. government proposal that is likely to draw ire from Wall …
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