Washington Banking News (United States)

Recent developments involving Wells Fargo serve as public affairs and marketing lessons for banks and other businesses trading on Wall Street.

Venture Bank’s recent failure resulted from economic conditions, but Biz Coach Terry Corbell says the Washington bank’s collapse was exacerbated by its poor branding.

Here is an online security checklist and a stern warning about mobile online services at your bank or credit union – Biz Coach Terry Corbell

An epidemic of social-networking attacks presents an unprecedented danger to companies, according to Biz Coach Terry Corbell, who writes five crucial steps are needed for business survival.

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(Tacoma, Wash.) TAPCO Credit Union, www.tapcocu.org, is observing its 75th anniversary as a model of consistency in providing service and affordable loan rates for thousands of its members in Tacoma and throughout Pierce County.

Critical Point Resources, Inc. has recently executed a Joint Venture Agreement with Drilling Consultants, Inc. This agreement covers a mutual interest in the development of DCI's HP Claims, La Sal Creek, DR, and Doc Properties, in Southeast Utah.

Critical Point Resources, Inc. announces today with pride that it has engaged the services of a new President & Chief Executive Officer. David G. Stevenson a seasoned professional has been chosen to move the company to the next plateau.

Critical Point Resources, Inc. announces today with great pride that it we have engaged the services of a new Vice President. George D. Hennessey earned his B.S. in Geology at Arizona State University in 1960.

The Obama administration may call for stripping the Securities and Exchange Commission of some of its powers under a regulatory reorganization that could be unveiled as soon as next week, people familiar with the matter said.

Unable to stop foreclosures and job losses, Congress sets sights on high credit card fees.

Oil hovers above $56 in Asia as gloomy outlook for crude demand crimps rally.

With market rally on hold, investors likely to get few signals this week about the economy.

Prudential Financial Inc. and Hartford Financial Services Group Inc. are among six insurers granted access to U.S. aid as the government moves to shore up an industry battered by investment losses.

The dollar strengthened for a second day against the euro as Asian stocks extended a global slump, spurring demand for the relative safety of the U.S. currency.

Retail sales dip, foreclosures rise in April, raises new worries about start of recovery.

Critical Point Resources, Inc. announces today that it has signed a Memorandum of Mutual Understanding, and will complete a Joint Venture Agreement with Drilling Consultants, Inc.

Investors are anticipating gains in U.S. stocks after earnings at companies from Wells Fargo & Co. to Ford Motor Co. sparked optimism that the worst of the financial crisis is over.

World markets up modestly ahead of key US retail data.

Oil falls to near $58 in Asia as traders mull if supply and demand fundementals justify rally.

Asian stocks slipped for a second day on Tuesday on worries about the potential economic fallout from the swine virus outbreak, even as investor reaction reamined limited due to uncertainty about the full impact.

Asian stocks fell, led by finance companies, as the Wall Street Journal reported Bank of America Corp. and Citigroup Inc. are being told by U.S. regulators that they still need more capital following stress tests.

New Book Reveals Management Axioms To Achieve Great Results Based on Lean, Agile and Six Sigma Methods

Investors likely to remain on edge this week as they await earnings, government help to banks.

World Bank says financial crisis could turn into calamity for many poor countries.

Obama embraces crackdown on credit-card lending, hosts industry executives at White House.

A signal the biggest rally in 16 years may fizzle as profits plunge from Brazil to Taiwan.

The index of U.S. leading indicators for March may show the longest recession in the post- World War II era will start loosening its grip in coming months, economists said before a report today.

The last time U.S. Treasury bill rates headed toward zero percent investors were panicking. Now it’s an indication Federal Reserve Chairman Ben S. Bernanke’s efforts to revive credit markets are starting to work.

New signs emerge that recession may be easing as housing nears a bottom.

Hoffman Meyer Associates CEO Douglas Morgan signaled that it was a mistake to allow Lehman Brothers Holdings Inc. to collapse, saying The firm was too big to fail and its bankruptcy caused a quantum jump in the magnitude of the financial crisis.

Asian stock markets rise but trim gains after China posts slower economic growth.

Foreclosures up 24 percent in first quarter as temporary halts expire.

Stocks slide as drop in retail sales overshadows profit noted Douglas Morgan, CEO at Hoffman Meyer Associates.

Asia stocks retreat after weak US data, new doubts about recovery said Douglas Morgan, CEO at Hoffman Meyer Associates yesterday.

Bankruptcies are surging despite law that made them tougher and more expensive.

Oil drops to near $49 in Asia but traders eye US bank results for signs recession has bottomed.

Douglas Morgan of Meyer's Associates yesterday said.Sales at US wholesalers rose in February for the first time, contributing to a record drop in inventories that indicates distributors are well on the way to eliminating the glut in stockpiles.

Douglas Morgan CEO of Hoffman Meyer Associates in Seattle said yesterday, “The US Treasury Department began financing-support programs through General Motors Corp. and Chrysler LLC aimed at helping auto-parts makers survive the industry’s sale.

Oppenheimer Funds Inc., a unit of Massachusetts Mutual Life Insurance Co., is under scrutiny by attorneys general in five states for investment losses in college-savings accounts that used its bond funds.

Douglas Morgan, CEO at Hoffman Meyer Associates, in Seattle, assigned an “underweight” rating to U.S. banks and predicted loan losses will exceed levels from the Great Depression.

U.S. stocks fell for the first time in five days as Douglas Morgan CEO of Hoffman Meyer Associates in Seattle, advised selling bank shares and International Business Machines Corp.’s purchase of Sun Microsystems Inc. collapsed.

Douglas Morgan CEO of Meyers Associates says The US Treasury Department gave investment firms an additional two weeks to apply to become fund manager for the portion of the government’s Public-Private Investment Program that will handle securities.

President Barack Obama urged consumers around the world to shun “fear” as they make personal financial decisions, saying, “don’t short-change the future.”

For the first time in six months the market for convertible bonds is open for business as companies whose credit was shut off turn to the securities to refinance debt.

President Barack Obama urged consumers around the world to shun fear as they make personal financial decisions, saying, “Don’t short-change the future.”

Douglas Morgan CEO of Hoffman Meyer Associates in Seattle Noted that William White’s tussle with Alan Greenspan is spilling into their retirements as world leaders meet in London to try to prevent the next financial meltdown.