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Financial and Business Services

A collection of news and information related to Financial and Business Services published by this site and its partners.

Top Financial and Business Services Articles

Displaying items 12-22
  • Free workshop teaches about avoiding scams

    Free workshop teaches about avoiding scams
    The Florida Department of Financial Services will host a free Operation S.A.F.E Be Scam Smart workshop Thursday in Hollywood. The workshop tries to focus on seniors, who are often targeted by scam artists. The session will teach attendees about...
  • Defense contractors see opportunity in cybersecurity sector

    Defense contractors see opportunity in cybersecurity sector
    After a year that saw destructive cyberattacks on major U.S. companies, President Obama's call to stiffen America's digital defenses could help bolster the bottom lines of top defense and aerospace contractors facing cutbacks in Pentagon spending. In...
  • S&P settles with SEC, 2 states over misconduct charges

    The credit ratings agency Standard & Poor's agreed to pay the U.S. government and two states $77 million to settle investigations into mortgage-backed securities. In its first enforcement action against a major rating agency, the Securities and...
  • City National deal began with a Canadian banker going undercover

    City National deal began with a Canadian banker going undercover
    Before spending $5.4 billion to buy City National, the Los Angeles "bank to the stars," Royal Bank of Canada Chief Executive Dave McKay wanted to see firsthand what he would be getting. McKay personally went to branches in L.A. and New York, posing as...
  • S&P downgrades Russia's credit rating to 'junk'

    S&P downgrades Russia's credit rating to 'junk'
    Standard & Poor's rating agency on Monday downgraded Russia's credit grade by one notch to junk status, citing a weakened economic outlook. The agency dropped the rating to BB+ from BBB- as it sees the country's financial buffers at risk amid a slide in...
  • Russia's credit ratings downgraded to 'junk' level by Standard& Poor's agency amid crisis

    Standard & Poor's rating agency on Monday downgraded Russia's credit grade by one notch to junk status, citing a weakened economic outlook. The agency dropped the rating to BB+ from BBB- as it sees the country's financial buffers at risk amid a slide...
  • Nicholas Atkeson and Andrew Houghton: How to curb emotional investing

    Sure you're emotional. Everybody is. But when it comes to managing your investment portfolio, your emotion can be a treacherous and costly villain. If you're like many investors, you like to watch or read the news to stay current on the market. Trouble...
  • Ocwen settles California mortgage compliance dispute for $2.5 million

    Ocwen settles California mortgage compliance dispute for $2.5 million
    Ocwen Financial Corp. will pay $2.5 million and hire outside accountants to settle a dispute with California, which had threatened to suspend the license of the mortgage payment collector and foreclosure specialist. State financial regulators said...
  • Man stole hundreds of thousands from Century Village retirees, police say

    Like many of the Century Village residents Ariel Luis Hernandez represented, Verna Munden said she was charmed by her smooth-talking financial planner. "I thought he was a nice guy. He never did anything to make me think otherwise," said Munden, 93....
  • Ocwen Financial to pay $2.5 million, submit to audit to keep California mortgage license

    Ocwen Financial Corp. is paying a $2.5 million penalty and submitting to a review by an independent auditor to avoid losing its license to make and service mortgages in California. The settlement announced late Friday by California's Department of...
  • California's jobless rate falls to 7%

    California's jobless rate falls to 7%
    California employers slowed the pace of hiring at the end of 2014 after spending much of the year adding jobs at a furious pace. The state's labor market remained healthy in December, though less rosy than in earlier months, according to data from the...