Volcano Iceland |Riverside Bank Closed Transferred

Saturday, April 17, 2010

Volcano Iceland |Riverside Bank Closed Transferred On Trends Hot News Today --- Volcano Iceland |Riverside Bank Closed Transferred. Fort pierce, Riverside National Bank of Florida, announce FL was closed by the Office of the Comptroller of the Currency. Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed.

All deposit accounts, excluding certain brokered deposits, have been transferred to TD Bank, National Association, Wilmington, DE. For more information on TD Bank, National Association, visit us at www.tdbank.com. The FDIC has assembled useful information regarding your relationship with Riverside National Bank of Florida. Besides a checking account, you may have Certificates of Deposit, a business checking account, a Social Security direct deposit, and other relationships with the institution.

The FDIC has assembled useful information regarding your relationship with this institution. Besides a checking account, you may have Certificates of Deposit, a car loan, a business checking account, a commercial loan, a Social Security direct deposit, and other relationships with the institution. The FDIC has compiled the following information, which should answer many of your questions. This means that if you have an account with Riverside Bank, you should be safe because they have been protected by the FDIC.

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JPMorgan Profit $3.33 billion in first quarter

Wednesday, April 14, 2010

JPMorgan Profit $3.33 billion in first quarter on Trends Hot News Today --- Wall Street gives positive response in first quarter. The New York-based banking giant announced on Wednesday morning that it had profits of $3.33 billion in the first quarter of 2010, up slightly from its profits last quarter, and up significantly from its profits a year ago during the financial crisis. The bank's total revenues of $28.2 billion beat the expectations of analysts.

Chief Executive Jamie Dimon offered an upbeat economic forecast, saying he sees "clear and broad-based improvements." Shares pushed up 2.3% in early trading, leading other financial tickers such as Bank of America ( BAC - news - people ) and Citigroup ( C - news - people ) higher as well. Earnings season kicked off late Monday with a somewhat disappointing reading from aluminum manufacturer Alco, which missed top-line expectations, setting a cautious tone on The Street. But thirty minutes into trading Wednesday the major indexes were rallying. The Dow added 42 points to 11,061, the S&P 500 gained 5 points to 1,202 and the Nasdaq pushed up 19 points to 2,485.

JPMorgan is the first major bank to report its earnings this quarter, and the returns were looked to by investors for a sign of things moving forward. JPMorgan was among the most successful banks in weathering the financial crisis. But Dimon has recently has received negative attention for his criticism of the financial reforms proposed by the Obama administration and Congress.

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