US Financial News

One of the biggest banks in the world is making an aggressive move into the biggest nation in the world. Citigroup announced this week its plans to create 12,000 jobs in China as part of a plan to expand further into Asia, a continent on which the bank already has a substantial footprint.

The move will give Citigroup a total of as many as 12,000 employees in China, up from its current 4,500-employee workforce, according to Bloomberg.

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| Tags: China
Posted September 2, 2010 by under Financial News

Nobody likes to make mistakes. However, the simple reality of life is that at some point, all of us are going to be wrong, do something bad, or somehow screw something up. That’s just life, and it has been since we learned how to walk, write out the alphabet, and do calculus. We are going to make mistakes. The trick is to learn how to fail fast, so that you can get back to doing things right again. Let’s look at a couple examples and see how failing fast will help us earn more money and save more money.

Small Business

Imagine you are thinking about starting a small business. You want to open a dog sitting company. You’re not sure how much to charge, or how to advertise, but that’s pretty normal when you’re embarking upon a new adventure. Instead o

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| Posted August 31, 2010 by Admin under Financial Guru

It is fairly common to hear homeowners and other policy holders complain about their insurance companies. Many times, the displeasure lies on the slow processing of their claims. Sometimes, the disappointment is on the amount with which the insurance company is willing to settle the claim. Perhaps the settlement amount is inadequate to cover the actual costs of repair or restoration of a home in case there was a disaster.

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| Posted August 30, 2010 by under Financial News

If you enroll for eStatements service at Scott Valley Bank before September 3 you will be entered into a drawing to win $50. Scott Valley Bank designed the contest in an effort to encourage you to go green and win green.

How it Works

eStatements are a green way to access your account records. When you sign up for eStatements you will receive E-mail updates when your statements are posted and ready to view. Your statements will look exactly like paper statements but on a screen — a great way to help out the environment and keep your information in an easy-to-access location. e

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| Tags: Scott Valley, Scott Valley Bank, Valley Bank, Win
Posted August 28, 2010 by under Financial News

Branch Banking & Trust (BB&T) took the top honors in the 2010 U.S. Primary Mortgage Servicer Satisfaction Study(SM) released today by J.D. Power and Associates.

The North Carolina-based bank scored a 795 out of a possible 1,000 points thanks to its fee transparency and billing and payment processes.

Last year the bank ranked second in the annual survey – it supplanted Regions Mortgage, which fell to sixth in this year’s rankings.

SunTrust Mortgage took the second spot with a score of 767, followed by U.S. Ban

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| Tags: 2010, Mortgage Servicer
Posted August 28, 2010 by Admin under Financial Guru