Quantcast
Home / News / Financial Services (page 30)

Financial Services

JPMorgan’s Dimon: Target breach is a wake-up call

More Target-sized security breaches will happen if banks and retail stores don’t start working together to further protect customers’ data, JPMorgan Chase’s CEO Jamie Dimon said Jan. 14. JPMorgan has replaced 2 million credit and debit cards as a result ...

Read More »

How ‘mature’ are millennials about debt? (access required)

With age comes debt – that’s what the newest release from PNC Bank’s latest financial independence survey seems to say. The survey results showed that people aged 25 to 29 have about $35,600 on average in debt, but those aged ...

Read More »

Your life may not be worth what you think (access required)

Billions of dollars’ worth of life insurance policies may not be worth the paper they’re written on. Policies whose worth is tied to interest rates are losing value fast, as rates remain low over the long haul. And policyholders who’ve ...

Read More »

Idaho credit unions lead the nation in gains

Idaho credit unions have seen a larger increase in loans and members than credit unions in every other state in the country. A recent report from the National Credit Union Association said that Idaho had 15.2 percent loan growth, up ...

Read More »

Credit Union League president leaves after short stint in Idaho

Idaho Credit Union League President and CEO Chris Johnson has left his job after just five months. Johnson, who started work in June, left on Nov. 22, according to interim president Kathy Thomson. Thomson, formerly a vice president with ICUL, ...

Read More »

Surveys: More bank acquisitions on tap (access required)

Two surveys of bank executives suggest that more banks will be completing mergers and acquisitions in the coming year. In the Bank Director’s Bank M&A Survey, 76 percent of respondents expect to see a higher number of mergers and acquisitions ...

Read More »

Proposed tax changes could spark R&D investment (access required)

A new legislative proposal aims to modernize the U.S. tax code in order to stimulate investment in research and development for emerging companies. The Startup Jobs and Innovation Act, introduced Nov. 6 by Sen. Robert Menendez, D-N.J., and Pat Toomey, ...

Read More »

Industrial banks fill lending gaps (access required)

Giltner Inc. has been in the trucking and logistics business in Jerome since the 1970s, but it fell on hard times around 2000 when it lost one of its largest products, shipping French fries out of Idaho, to rail. Thanks ...

Read More »

Idaho First Bank adding downtown Boise branch (access required)

Idaho First Bank will open a new branch in downtown Boise focused on commercial lending for small businesses and entrepreneurs. Idaho First, based in McCall, purchased a former Bank of the Cascades building at the corner of 12th and Idaho ...

Read More »