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Financial and Business Services
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A collection of news and information related to Financial and Business Services published by this site and its partners.
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New York claims more proof of bank mortgage abuses
ReutersNEW YORK (Reuters) - New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp, Wells Fargo and Co and other banks violated the terms of a settlement designed to end mortgage servicing abuses. Schneiderman -...Tags: Mortgages, Litigation, Crime, Law and Justice, Wells Fargo & Co., Bank of America Corp.
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From death row, Freemansburg cop killer fights foreclosure
George Hitcho Jr. may be on death row for killing a Freemansburg police officer, but he'd like to have a home to return to if he ever gets out. Facing mortgage foreclosure on the New Street property where he shot Robert A. Lasso in the back of the...
Tags: Judges, Laws, Crime, Law and Justice, Kutztown, Criminal Laws
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Battling a Motion to Strip or Motion to Value in Bankruptcy Court
Blog Sponsored by Taylor & Carls, P.A. The association has finally obtained its foreclosure judgment for nonpayment of assessments. A sale date has been set. Then, the owner files bankruptcy. What does the association then do? Historically, and...Tags: Mortgages, Financially Distressed Companies, Orlando, Bankruptcy, St. Petersburg (Pinellas, Florida)
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Former Goldman banker settles SEC 'pay-to-play' charges
ReutersWASHINGTON/CHICAGO (Reuters) - A former Goldman Sachs Group Inc. investment banker has agreed to a five-year securities industry ban and a record fine to settle Securities and Exchange Commission charges that he broke rules against influence peddling to...Tags: Bonds, Crime, Law and Justice, Securities, Interior Policy, Pension and Welfare
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Insurance agent accused of inventing clients for commission money
Ray Hamper didn't actually exist, but neither did Jim May or Kelly Kern. In fact, none of the dozens of names listed on 139 phony insurance policy applications filed by Frederick Edward Tanner were real, state fraud investigators said. Tanner, a...
Tags: Port St. Lucie (St. Lucie, Florida), Insurance, Finance, Palm Beach County Sheriff's Office, AFLAC Inc.
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MOVES-Morgan Stanley, JPMorgan Chase, HSBC Holdings
ReutersMay 23 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email to moves@thomsonreuters.com. MORGAN STANLEY The bank's head of fixed income, Ken deRegt, is retiring from the...Tags: HSBC Holdings plc, Politics, Morgan Stanley Dean Witter & Company, Parties and Movements, Standard & Poor's Financial Services LLC
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Tom Reddin: Why are mortgage rates still so low?
The Charlotte ObserverWe are now heading toward the end of the spring homebuying season, and mortgage rates remain near record-low levels. I predicted a few months ago that rates would gradually rise this year as the economy slowly demonstrated modest signs of improvement....Tags: Mortgages, Bonds, Freddie Mac, Finance, Federal Reserve
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Foreclosure settlement checks seen as inadequate
The Orange County RegisterTyler Reid struggled to hold onto his Ladera Ranch, Calif., condominium during the recession. He was self-employed. When his clients dried up, so did his software business. Reid sold his car, ate one meal a day, and paid his taxes with credit cards. He...Tags: Computing and Information Technology Industry, Elizabeth Warren, Orange County Register, Credit and Debt, Condos
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Fiduciary rule, long postponed, faces more delays, lobbying
ReutersNEW YORK (Reuters) - The long-running Washington debate over whether and how to beef up ethical standards for Wall Street brokers who give financial advice shows no sign of ending. Some industry lobbyists are even stepping up their lobbying on the so-...Tags: Time (magazine), Lobbying, Securities, Ann Wagner, Career and Workplace
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Recruiter Robert Walters says UK hiring set for recovery
Reuters(Reuters) - A stable job market in Britain bodes well for an upturn in permanent recruitment that would mirror a recovery already under way in Asia, the founder of Robert Walters Plc told Reuters. Robert Walters, the 58-year-old chief executive of the...Tags: Employment Opportunities, United Kingdom, Lobbying, Career and Workplace, Asia
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AIG eyes new director with regulatory experience
Reuters(Reuters) - American International Group Inc's board is looking for a new director with regulatory experience, as the insurer readies for the government to classify it as big enough to merit greater scrutiny, according to two sources familiar with the...Tags: Corporate Officers, Insurance, Politics, Finance, Federal Reserve
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U.S. Justice Dept tells lawmakers no bank is too big to jail
ReutersBy Sarah N. Lynch WASHINGTON, May 22 (Reuters) - A Justice Department official insisted on Wednesday that no financial company is too big to jail, in the department's latest effort to backpedal from statements made in March by Attorney General Eric...Tags: Arthur Andersen, HSBC Holdings plc, Eric Holder, U.S. Department of Justice, Crime, Law and Justice
May 24, 2013
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|Story| Allentown Morning Call
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|Story| South Florida Sun-Sentinel
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Financial and Business Services Photos
Ethan Youderian has joined Performance Trust Investment...
(May 7, 2013)
Benjamin P. Shapiro has been named practice group manag...
(April 15, 2013)
Owen Rouse, Habitat for Humanity of the Chesapeake boar...
(March 6, 2013)
