Word: teller
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...automated-teller machines used by most banks generally offer 24-hour customer service, but less often for free. According to the Bank Administration Institute, an industry trade group, by year's end 63% of banks with ATMs are likely to impose charges for the use of their money machines. Some charges are hefty: 75 cents per transaction at Chase Lincoln Bank in Rochester for using another bank's ATMs, or $1.50 at Pittsburgh's Mellon Bank for using a nationwide ATM system...
Automated bank-teller machines can be maddening devices, but there is one thing they supposedly do well: protect customers' accounts. Not always, apparently. Police are looking hard for Robert Post, 35, a Polish-born electronics expert and former ATM repairman who brags that he is something of a magician. According to the Secret Service, Post last year managed to make some $86,000 disappear from cash machines -- all from other people's bank accounts...
...sweeping $3 billion move was completely in character for Reed, who has made bold strokes before during his meteoric rise at Citicorp. As an executive vice president, for example, he led the bank into the computer era, field marshaling the firm's early entry into the area of teller automation and then directing Citicorp's heavy involvement with Visa and MasterCard credit cards. When it came to making a convincing move last week, Reed reached for a large number. Said he: "Obviously it's a judgment call. Any number with nine zeros can only be approximate. We're clearly costing...
...prime candidate for closure. Still, when an army of FDIC liquidators marched without warning into the bank's headquarters in a downtown skyscraper, the staff of 100 were traumatized. Secretaries wept as the intruders posted notices on the inlaid-glass walls, changed the door locks and dismantled automatic-teller machines. "We kept hearing the rumors, but nobody thought that this time it would be us," sighed Teller Erica Joiner, 30, who watched as armed guards took up positions in the lobby and federal officials affixed blue seals to cash drawers...
...with those figures, some of the world's flossiest manufacturers are reaching out to the bigger customers with cashmere and silks, gabardines and fine cottons. Last year Designer Albert Nipon sold $5 million worth of his new Dimensions line, for sizes 12 to 24, to such stores as Bonwit Teller, Dillard's and Marshall Field's. Givenchy anticipates wholesale sales of $4 million this season for its pricey Givenchy en Plus line in sizes...