Home Capital Group says another $290M pulled out of savings accounts

Pension plan CEO Jim Keohane steps down from firm's board due to potential conflicts of interest


Home Capital Group Inc. reported Friday that money continues to flow out of the company, with roughly $290 million pulled out of high-interest savings accounts on Thursday alone. The drawdown comes after another $472 million was withdrawn from the company's savings accounts on the day before. -- More...

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