Wells Fargo & Company (NYSE:WFC) announced today that it will hire more than 1,000 team members by mid-May 2011 to increase staffing levels in its 404 Mid-Atlantic region (Virginia, Maryland and Washington, D.C.) retail banking stores.
A computer technician has pleaded guilty to stealing the personal information of 2000 former colleagues at the Bank of New York Mellon and using it to pilfer over $1.1 million from charities, non-profit groups and other institutions.
First Data has hired Wachovia veteran Steve Boehm as senior vice president leading global product management and innovation at its financial services division.
Wachovia Bank, N.A., said today that it has entered into agreements with the U.S. Department of Justice and banking regulators concerning previously disclosed compliance matters that occurred prior to its acquisition by Wells Fargo & Company. The agreements address Wachovia's Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance program and primarily relate to customer accounts held by Mexican money exchange houses in Wachovia's Global Financial Institutions and Trade Services (GFITS) division between 2004 and 2007.
Broadridge Financial Solutions (NYSE:BR) today announced the appointment of Susan Certoma as Senior Vice President and Chief Operating Officer of its Brokerage Processing Services (BPS ) business.
A computer technician has been charged with stealing the identities of more than 150 former colleagues at the Bank of New York Mellon and using the information to pilfer over $1.1 million from charities, non-profit groups and other institutions.
PayPal has added three banking veterans - Wachovia's John McCabe, Citi's Ed Eger and Renier Lemmens from Barclays - to its executive team.
Under pressure from regulators, 15 of Wall Street's biggest banks have committed to significantly increase the use of central counterparties to clear over-the-counter (OTC) derivatives.
US Federal Reserve chief Ben Bernanke has fallen victim to an identity fraud ring accused of hitting hundreds of people and stealing more than $2.1 million, according to Newsweek.
Global technology and payments leader First Data today announced that Wells Fargo & Company (NYSE: WFC) has expanded its agreement for card processing services.
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