Small Banks May Fail but They're Still a Better Bet - Huffington Post (blog)

Small Banks May Fail but They're Still a Better Bet
Huffington Post (blog)
I received an email from the FDIC on a Friday afternoon informing me that my bank had been closed by the agency, and that the acquiring bank would assume my ...

and more »

continue reading

Wachovia rescue misused tax break, lawmaker says - Boston Globe


Winston-Salem Journal
Wachovia rescue misused tax break, lawmaker says
Boston Globe
The change enabled acquiring banks to write off more losses from the merged bank and shelter profits from the IRS, and helped Wells Fargo top a competing ...
Alvarez -Acquisition of Wachovia Corporation by Wells Fargo & CompanyLoanSafe
JPMorgan: Financial Winners & LosersTheStreet.com
Wells Fargo & Co. (NYSE: WFC) Abused Tax Break Relating to Wachovia Issue ...American Banking News

all 116 news articles »

continue reading

FNB Corp. to acquire Community Bank & Trust in $70M deal - Scranton Times-Tribune

FNB Corp. to acquire Community Bank & Trust in $70M deal
Scranton Times-Tribune
But it did not come as a total surprise since the bank had its eyes east for years. "FNB Corp. has said they were interested in acquiring banks east of the ...

and more »

continue reading

Eight Banks Including ShoreBank Were Closed by Regulators - Deposit Accounts (blog)


Chicago Tribune
Eight Banks Including ShoreBank Were Closed by Regulators
Deposit Accounts (blog)
The acquiring banks sometimes mention on their websites if they intend to honor existing CD rates. I didn't have time to review the banks' websites. ...
Chicago's ShoreBank fails, is bought by investorsChicago Tribune

all 582 news articles »

continue reading

KCB launches online payment system for tourism sector - Business Daily Africa


Business Daily Africa
KCB launches online payment system for tourism sector
Business Daily Africa
KCB intends to use this products and expertise as an acquiring bank to target online consumers especially in the service sector and opted to partner with ...

and more »

continue reading

ShoreBank successor boosts online savings rates - Chicago Breaking Business - Tribune

ShoreBank successor boosts online savings rates
Chicago Breaking Business - Tribune
Free of those restraints, well-capitalized acquiring banks such as Urban Partnership Bank have the freedom to boost interest rates that they're paying ...

and more »

continue reading

Services offered by an acquirer bank - Helium

Services offered by an acquirer bank
Helium
by BJ Lexus An acquirer bank or acquiring bank provides merchants with the opportunity to accept credit cards as payment for goods or services through a ...

continue reading

Commission places conditions on Bankserv acquisitions - Business Day

Commission places conditions on Bankserv acquisitions
Business Day
... with the intention of establishing a smooth transmission of card payment instructions from a retailer's checkout system to the acquiring bank. ...

and more »

continue reading