Among North America's largest financial services firms, E-Loan ranked highest overall in online customer satisfaction in the first quarter and Fleet Bank ranked No. 1 among commercial banks, according to the Customer Respect Group.In other results of CRG's First Quarter 2005 Online Customer Respect Study, World Savings Bank scored highest among savings institutions, while Washington Mutual scored lowest, and A.G. Edwards topped the securities companies list, while Morgan Stanley scored lowest. Among companies operating almost exclusively through the Internet and telephone, E-Loan did best among Internet financial firms, and best overall. The study also indicated that 43% of surveyed firms share personal data with business partners or third parties, one of the highest industry percentages measured. That percentage fell from 59% in the second-quarter 2004 report, but is still much higher than the 24% all-industry 2004 average. CRG said the results are based on interviews of a representative sample of the adult Internet population, and analysis of more than 2,000 corporate websites. The company is an international research and consulting firm that focuses on how corporations treat their customers online.
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One-time Rocket exec Mike Fawaz founded brokerage and tech firm Origna8 with his former adversary's backing, which both say will enable it to quickly scale.
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Federal Reserve Chair Jerome Powell told reporters Wednesday that he would remain on the Fed board after his term as chair expires next month, resolving the last and most significant open question about his departure and the onset of Kevin Warsh's leadership at the central bank.
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President Biden had issued a rule in 2024 requiring newly constructed homes to abide by an energy mandate to be eligible for FHA- or USDA-backed mortgages.
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Eligible purchases with the Better Home Equity Card, which lets homeowners instantly spend funds drawn from a home equity line of credit, earn 1% cashback.
April 29 -
Kevin Warsh's nomination to be the next chair of the Federal Reserve passed through the Senate Banking committee in a party-line vote.
April 29 -
Using a non-GAAP measurement, the real estate investment trust, preparing to be bought by CrossCountry, reported a $25 million loss for the first quarter.
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