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Contractor chosen for Banks portion An Alabama contractor has been hired to build the private portion of the Banks riverfront development project. Brasfield & Gorrie LLC is expected to start building a 300-unit apartment building and 80,000 square feet of retail space in December. The Birmingham contractor was selected after a competitive process, according to a press release from Carter and the Dawson Co., the master development team for the Banks. Biz JournalFrance Hunting For Bank Driver Who Stole Millions French police are conducting a nationwide search for a bank security driver after he vanished with euro11 million ($7.4 million) from a bank in the central French city of Lyon. Big News NetworkSovereign Bank`s big credit offsets losses Sovereign Bank reported third-quarter net income of $1.2 billion on the strength of a large, one-time credit, but its core operations remained unprofitable as the lender continued to absorb charges on soured loans. Biz JournalMicrofluidics lands $1m line of credit Microfluidics International Corp., a Newton-based manufacturer of fluid processors, has received a $1 million life line from Webster Bank. Biz JournalReport: BofA split over inside v. outside Bank of America's CEO search is unlikely to finish before Thanksgiving, the new york Post reported, as factions of directors have divided over whether the bank should choose an outside candidate or an insider. (BAC) (C) (JPM) Biz JournalFed sets strict requirements for Bank of Blue Valley, parent company The federal Reserve Bank of Kansas City released an agreement Friday that outlines specific requirements for operations of the Bank of Blue Valley and its parent company. Biz JournalJ.C. Penney extends credit card deal J.C. Penney Co. Inc. says it has extended its private label credit servicing and marketing agreement with GE Money Bank. (JCP) Biz JournalBank of Blue Valley reports loss The parent of the Bank of Blue Valley announced a reduced third-quarter loss. Biz JournalRBS: U.S. operations see red after $300M in Q3 charges Royal Bank of Scotland said U.S. operations that include Citizens Bank lost money in the third quarter after absorbing nearly $300 million in charges on soured residential, home equity and commercial loans. Biz JournalLancaster women face jail in bank robbery Two Lancaster women are among four people facing prison sentences in connection with a Lebanon bank robbery.Latricia Samuels and Mayra Rodriguez, both of Lancaster, along with Ronald Samuels, 34, and David Dupree, 32, both of Camden, N.J., are accused of the 2004 robbery of a M&T Bank in Lebanon. Th... lancasteronline.com1 2 3 4 5 |
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