| Jun 6, 2013
| 1:38 PM
Two banks were robbed this afternoon by repeat suspects, authorities said.
A bank in Wicker Park was robbed by a man who the FBI said is on a “spree,” hitting a fourth bank today, and another man who held up a bank in west suburban Lombard is...
| Jun 8, 2013
| 6:00 AM
A Saudi Arabian billionaire prince has sued Forbes magazine in London, accusing the publication of underestimating his wealth in its highly scrutinized annual list of the world's richest people.
Prince Alwaleed bin Talal claims the magazine was...
| Jul 1, 2013
| 4:00 AM
Tribune Co. has agreed to purchase 19 television stations owned by Local TV Holdings in a $2.73-billion deal that is expected to make Tribune the largest television station group in the country.
Tribune and Local TV Holdings said early Monday that...
| Jul 2, 2013
| 8:14 AM
WASHINGTON -- The Federal Reserve on Tuesday adopted tougher requirements for banks -- part of an international agreement designed to prevent another financial crisis -- and opened the door to even stricter rules for the nation's biggest institutions....
| Jul 5, 2013
| 9:03 PM
This has been a tough year for emerging-markets investors.
Fueled by unrest in Brazil and a sluggish economy in China, the broad MSCI emerging-markets index is down 14% this year. The drop has been led by stock market sell-offs in Brazil (-26% in...
| Jul 5, 2013
| 9:16 PM
The gig: Dominic Ng, 54, is chairman and chief executive of Pasadena's East West Bank, formerly a savings and loan association based in L.A.'s Chinatown that he built into the nation's largest Chinese American bank, with $23 billion in assets. The bank...
| Jul 10, 2013
Loyola University of Maryland Sellinger School of Business and Management graduate Matthew Marzicola, formerly of Bel Air, and now living in Frederick, didn't plan to achieve a 4.0 grade point average, the highest in his class of more than 800 people,...
| Jul 9, 2013
| 10:02 AM
WASHINGTON -- The nation's eight largest banks would have to meet tougher leverage limits than required under international standards as part of new rules proposed Tuesday by federal regulators designed to protect taxpayers from another financial crisis....
| Jul 9, 2013
| 9:23 PM
WASHINGTON — The nation's eight largest banks would have to meet tougher financial ratios than required under international standards as part of proposed rules designed to protect taxpayers from another financial crisis.
Under the plan, Bank of...
| Jul 11, 2013
| 10:20 AM
WASHINGTON -- Sens. Elizabeth Warren and John McCain, along with two other colleagues, introduced legislation Thursday to reinstate the Glass-Steagall prohibition on federally insured banks from also operating as investment banks.
| Jul 14, 2013
| 10:19 PM
Consumer Portfolio Services Inc. operates on a simple principle: Everyone needs a car.
For more than two decades, the Irvine subprime auto lender, known as CPS, has helped finance vehicles for people who have less than perfect credit.