Bank

For about four hours the Bank of America Corp site was down but now it is up and running. The motive seems to be a “temporary system” issue Tara Burkle declared. Also she declared that further investigation is in progress to see the source of the problem and that they will make adjustments that this [...]

GMAC’s convention on their bank’s survival plan took the decision to rebrand their company as Ally Bank. According to the company’s executives, the rebranding will help in deposit growth. GMAC was initiallly founded in 1919 and was intended to finance GM vehicles customers. “We certainly value our relationship with GM and GM continues to be [...]