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'Temporary' bank cash to be protected

2015-04-01 12:55:17| BBC News | Business | UK Edition

People who have large amounts of money in their bank accounts "temporarily" will be soon protected in the event of their bank going bust, the Bank of England says.

Tags: bank cash protected temporary

 

Commonwealth Bank of Australia to sell new Albert payments device to global banks

2015-04-01 04:56:02| Automakers - Topix.net

Commonwealth Bank of Australia expects tens of thousands of its new Albert point-of-sale devices to appear in Australian restaurants, cafes and retail stores, transforming payments and gathering richer data. CBA customers will be able to use Albert, a wireless, 7-inch Android tablet with touchscreen that has been developed in association with German banking tech giant Wincor Nixdorf.

Tags: to sell global australia

 
 

Community Bank of the Chesapeake Partners With Fredericksburg Center for the Creative Arts

2015-03-31 12:11:18| Paper - Topix.net

The bank will display artwork from local artists in exhibits that will rotate quarterly. All artwork on display in the branches will be available for purchase.

Tags: the community center arts

 

Lawyer charged with conspiracy to cheat bank of mortgage loans

2015-03-31 08:27:49| Real Estate - Topix.net

Mohammed Lutfi Hussin, 48, faces nine charges of conspiring with Mohammad Sauki Mawadi, a former real estate agent, to cheat OCBC Bank of delivering a total of $6.2 million as mortgage loans in 2005 and 2006. Court documents say that Sauki dishonestly submitted documents as part of a mortgage loan application to OCBC for nine properties by inflating their purchase prices and induced the bank to approve and deliver higher mortgage loans.

Tags: bank mortgage loans charged

 

Jos. A. Bank to lay off 122 at Hampstead headquarters

2015-03-30 21:58:21| Apparel - Topix.net

Jos. A. Bank occupies about 900,000 square feet of real estate in Carroll County, including this building at 500 Hanover Pike in Hampstead. Jos. A. Bank will lay off 122 employees from its Hampstead corporate location by the end of the year in the first large-scale job cuts made public since rival Men's Wearhouse Inc. purchased the clothing retailer last year.

Tags: bank lay headquarters jos

 

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