Financial Reform Keeps Law Firm Banking and Securities Practices Busy  Regulations for the recently enacted financial reform law are months away, but law firms with strong financial services practices are rolling out the welcome mat for client conferences and filling their calendars with client meetings. Clients' initial questions have largely focused on the so-called Volcker rule, which generally bans banking institutions from investing in private equity or hedge ...Banking rules good for Aust - Swan  Australia's Treasurer Wayne Swan says new global banking regulations are a big win for Australian consumers.Heritage Bank Acquires Banking Operations of Cowlitz Bank of Longview, Washington  Heritage Financial Corporation announced that its subsidiary, Heritage Bank, has acquired the banking operations of Cowlitz Bank, Longview, Washington. Â Cowlitz Bank, including its division Bay Bank, was closed today by the Washington Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation as receiver. Â To protect the depositors, the FDIC entered into a ...Is Mobile Banking a disaster waiting to happen? - community blog from Stanley Epstein  Is Mobile Banking a disaster waiting to happen? The news this past week has been all about a Citibank mobile banking glitch. Apparently a flaw in a version of its iPhone m-banking application resulted in it improperly storing customer account information.Banking policy job filled  SENIOR CIVIL servant Ann Nolan has been appointed head of banking policy at the Department of Finance, the job vacated by Kevin Cardiff, who was promoted to the role of secretary general earlier this year.KB Financial sees NIM nearing 3 pct by Q4  SEOUL, July 30 (Reuters) - KB Financial Group <105560.KS>, South Korea's No.2 banking group by market value, said the group expected its net interest margin to near 3 percent by the fourth quarter of this year, from the current 2.69 percent.Computers & Banking Aren't as Secure as Some Think  Computers and the Internet are used for a variety of tasks by most U.S. households. Yet online banking is not as safe as the standard face-to-face practices of the past, bank consultant group Novantas reported. Online attacks against individual accounts are sophisticated and insidious, Novantas, and the American Bankers Association (ABA) reported. Online bank users should monitor their accounts ...Fiserv to rejuvenate Westpac’s online banking  Top-tier Australian bank Westpac has chosen Fiserv’s online individual, business banking and corporate services for it’s online transformation program, where the bank aims to update the online services currently available to its customers. Top-tier Australian bank Westpac has chosen Fiserv’s online individual, business banking and corporate services for it’s online transformation program, where ...U.S. regulators take over 5 failed banks  WASHINGTON, July 31 (UPI) -- Federal banking regulators say they closed down five banks in four states in takeovers of struggling financial institutions. United States - Bank - Financial institution - Financial Services - BusinessS.Korea KB Financial swings to Q2 net loss  SEOUL, July 30 (Reuters) - KB Financial Group <105560.KS>, South Korea's No. 2 banking group by market value, posted its first quarterly net loss on Friday, dented by hefty provisioning costs for riskier assets in the property market.