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Tag Archives: JPMorgan Chase

Banks offer cash transfers to cell number, e-mail

WASHINGTON — Three of America’s four largest banks are launching a system that lets customers transfer money from their checking accounts using only a mobile number or e-mail address. The banks say the service, called clearXchange, will make payments easier ...

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Cease-and-desist orders issued against 8 mortgage bankers

The Office of the Comptroller of the Currency issued cease-and-desist orders Wednesday against eight national mortgage bankers, including Bank of America, PNC and Wells Fargo, for “unsafe and unsound” practices dealing with residential mortgage foreclosures. The banks agreed to the ...

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Hearing resumes on Tribune reorganization plans

WILMINGTON, Del. — A Delaware bankruptcy judge has resumed a hearing to determine whether he should approve Tribune Co.’s proposed reorganization plan. Tribune owns the Chicago Tribune, Los Angeles Times, other newspapers and several radio and TV stations. It sought ...

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Banks, credit-card issuers warn of email breach

NEW YORK — With the possible theft of millions of consumer email addresses from an advertising company, several large companies have started warning customers to expect fraudulent emails that try to coax account login information from them. A dozen companies ...

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Foreclosure activity slows sharply in February

LOS ANGELES — The number of U.S. homes receiving a foreclosure-related notice fell to a 36-month low last month, as lenders delayed taking action against homeowners amid heightened scrutiny over banks’ handling of home repossessions. Some 255,101 properties received at ...

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In sign of growth, businesses are borrowing again

Martin Foil’s company sells yarn that winds up in clothes from the Gap, Ralph Lauren and American Apparel, and business is growing. He’s buying new machines and hopes to hire as many as 200 workers this year. When he decided ...

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