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Banks expanded at a breathtaking pace in the past five years, adding more than 10,000 full-service branches, but barely 1 in 10 were in inner-city minority neighborhoods. ...more
August 19, 2009
Thanks to M&I Bank customers, a Tampa police bloodhound will have plenty of treats. The bank's "Dog Days of Summer" campaign has ended, collecting $2,011 for the canine units of the Tampa Police Department and the Hillsborough County Sheriff's Office, bank spokeswoman Annie Nolan said Tuesday. Bank customers contributed to the fundraiser by purchasing paw prints for $1 or stuffed dog toys for $3 or $5. ...more
October 15, 2008
The Federal Reserve and six major central banks worldwide cut interest rates Wednesday to prevent a financial crisis from becoming a global economic meltdown. The Fed cut its key rate from 2 percent to 1.5 percent. Bank of England cut its rate half a point to 4.5 percent. European Central Bank cut its rate by half a point to 3.75 percent. Central banks of China, Canada, Sweden and Switzerland also cut rates. ...more
October 9, 2008
In her 50 years in the banking business, Frances Register has seen the days of approving loans with a warm handshake give way to online processing, in which banker and client may never meet. ...more
May 21, 2008
Responding to a more than one-third increase in bank robberies, the Florida Bankers Association is urging its members to adopt new rules. ...more
January 20, 2008
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