Thousands of bank employees found ways to game the system by secretly signing up existing clients for new services that were never requested.»
Not exact matches
NEW YORK — The Federal Reserve
Bank of New York approved the application by The Adirondack Trust Company
Employee Stock Ownership Trust, Saratoga Springs, New York, to acquire fifty additional shares
of 473 Broadway Holding Corporation and two
thousand additional shares
of The Adirondack Trust Company, both
of Saratoga Springs, New York.
His objective was to deliver multidisciplinary training solutions to
thousands of employees in support
of bank business strategies.
One
of the nations» biggest
banks bullying
thousands of employees into committing fraud against unsuspecting customers,» Clinton told a crowd in Ohio, a crucial battleground in the Nov. 8 presidential election against Republican Donald Trump.
The following year, after the nationwide scandal over
bank employees signing
thousands of foreclosure documents without proper review, known as robosigning, broke, New York began requiring plaintiffs in foreclosure cases to affirm the accuracy
of their documents.
Service
employees such as
bank tellers and restaurant workers ripped information from residents and tourists, stealing the identity
of thousands.
Online - only
banks have much lower operating costs than traditional
banks, which maintain large networks
of physical locations staffed by
thousands of employees.
In fact, this was the worst aspect
of securitization - that such a large and far reaching group
of investors, from
banks of all sizes, to government entities like Fannie Mae and Freddie Mac, to insurance companies like AIG, to foreign governments, to
employee pension funds, to
thousands of others investors all around the world, were now directly exposed to the health
of the U.S. housing market.