Banking Articles

These Banking articles will give you the news and information you need to stay up to date in the ever changing Banking industry.

July 12, 2011 – 1,480 views
Rodenberg Crossen
What once required face-to-face conversations and the physical exchange of contact information can now be done in an entirely virtual environment with just a click of a button. Full Story 
July 5, 2011 – 1,457 views
Kevin Waddel
The public mistrust of the financial sector is worse than it's ever been. Thus, asset management public relations firms have to work especially hard to fight bad press. Full Story 
June 28, 2011 – 1,442 views
Eric Carlson
In the world of information technology, it seems that every few years a new concept comes along that emerges as being the next great leap in technology. One of the current concepts that fits that description in the IT world is called cloud computing. However, before a company decides that it will embrace cloud computing, it needs to make sure that it understands all the implications of this new offering. Full Story 
June 21, 2011 – 1,881 views
Elle Nash
Around $12Billion is wasted on unused gym memberships each year, confirming that good intentions can get you as far as signing up, but not necessarily to work out. So every year around the world, good intentions to exercise more regularly and to get fit once and for all still remain unfulfilled. Full Story 
June 14, 2011 – 1,569 views
Sally & Fitch LLP
As of January 1, 2010, the latest changes to the Real Estate Settlement Procedures Act (RESPA) went into effect for all "loan originators" — lenders and mortgage brokers — handling federally-related residential property loans. The RESPA revisions were intended to provide consumers a means of better understanding the terms of their loan obligations. The onus for ensuring compliance with these regulations, however, falls squarely upon lenders. Full Story 
June 7, 2011 – 1,555 views
Stephen C Fox
The U.S. Treasury issued expanded rules, effective March 28, 2011, requiring U.S. persons to report foreign bank and financial accounts each year. The new rules apply to every U.S. citizen or resident and every entity organized under U.S. law. They must report every foreign account over which he, she, or it has signature authority and every foreign account in which he, she, or it has a financial interest. The reports on Form TD F 90-22.1 must be received by June 30 by the IRS at an address in Detroit, MI. Penalties under the new rules can be the highest balance in the account, up to $25,000 each, and may include criminal penalties (jail time) for willful failures. Full Story 
May 31, 2011 – 1,326 views
Nicholas Santiago
Almost everyone in the financial media is talking about the current quantitative easing program(QE-2) that is scheduled to expire in late June 2011. This is where the central bank, called the Federal Reserve, creates money and buys U.S. Treasuries. The Federal Reserve has bought about $500 billion dollars worth of U.S. Treasuries so far since the current QE-2 program began in November 2010. The Federal Reserve is scheduled to buy another $90 billion in U.S. Treasuries next month(June). Many economists and investors in the financial media are betting that the Federal Reserve will begin buying more U.S. Treasuries as soon as the current QE-2 program ends at the end of June. If we have learned anything from this group of bankers it is that they love to surprise the markets and will do anything to keep the stock markets inflated. Full Story 
May 24, 2011 – 1,387 views
Hal Singer
The banking industry is changing very rapidly. Banks of all sizes are implementing technologies to meet the needs of their customers. As banking becomes more and more advanced, new capabilities are being added: advanced check deposits, banking via cell phones, just to name a few. Full Story