More Agency Updates; Why Bank M&A is Expected to Continue in 2015

By Rob Chrisman

Posted To: Pipeline Press

I love it when I receive an e-mail warning me, “You’ve had unusual and suspicious activity on your American Express Card.” I don’t have an American Express Card. Think your IT’s security is up to speed? Think again – this e-mail got through, didn’t it? Seriously, thanks to Len Tichy who sent along this recent analysis of the current state of IT security issues . “Big money goes around the world, Big money underground. Big money got a mighty voice, Big money make no sound. Big money pull a million strings, Big money hold the prize. Big money weave a mighty web, Big money draw the flies.” So strummed Rock & Roll Hall of Fame band Rush. FDIC-insured institutions earned $36.9 billion in the fourth quarter of 2014, down $2.9 billion from a year earlier. The drop in earnings is due to a $4.4…(read more)

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