Word: banking
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...explosion of bank branches in Harvard Square has not gone unnoticed by small business owners in the area...
...location will include a teller line, customer service representative stations, an ATM, and Penny Arcade, TD Bank’s free coin-counting machine. The next closest TD Bank location to Harvard Square is nearly three miles away, near Fresh Pond...
...look forward to becoming a part of this community and providing Cambridge residents and merchants with the most convenient banking services in the area,” Lauren S. McClintock, a public relations specialist at TD Bank, wrote in an e-mail...
...Bank will join the league of banks already located in Harvard Square, which comprises Cambridge Savings Bank, Bank of America, Citibank, and Citizens Bank...
Raising and strictly enforcing capital requirements is vital to creating a more stable financial system. During the financial crisis, plummeting assets and the consequential market panic caused almost every major bank to fear for its solvency. Had there been more stringent capital requirements, banks would not have been in such dire trouble. As Alan Greenspan notes in his recent paper on the crisis, while requirements should not be onerous, they should leave banks in a position to effectively manage during most crises. The current legislation in the Senate directs regulators to enforce higher capital requirements but without specific capital levels...