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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
  • Mortgage rates edge up from this year's lows

    Mortgage rates edge up from this year's lows
    Fixed mortgage rates ticked up this week but remain near lows for the year, according to Freddie Mac’s weekly survey of lenders. The average rate for a 30-year loan hit 3.83%, up from its 2014 low of 3.8% last week, the mortgage finance giant said...
  • Year-end tips may yield tax savings

    Ah, the holidays. The season of spirited tax avoidance and homey deductions, when thoughts naturally drift to capital-loss harvesting and full or partial Roth conversions. Well, perhaps not everyone thinks this way. The end of the year may be a busy...
  • Americans need crash course in retirement economics

    A new study finds that most Americans know precious little about the financial aspects of retirement. The American College of Financial Services randomly surveyed people aged 60 to 75 with assets exceeding $100,000 (excluding their home) regarding...
  • Top bankers need to take cyber threat seriously: BoE

    Top British bankers and other senior executives in the financial services industry are not taking the risk of cyber attacks seriously enough, financial policymakers at the Bank of England say. Cyber crime costs the global economy $445 billion a year...
  • Ocwen executive chairman to step down in $150 million settlement

    Ocwen executive chairman to step down in $150 million settlement
    Ocwen Financial Corp agreed to replace its chairman as part of a $150 million settlement with New York's financial regulator after the mortgage collection company admitted to violations, including improper foreclosures. Ocwen's shares fell 23 percent to...
  • UK banks must do more than stress tests to regain confidence: Bank of England

    Banks in Britain need to do more than pass health checks on their ability to withstand financial shocks, the Bank of England said, urging boards to improve the way their companies are run. The BoE also said that top bankers and other senior executives in...
  • London City firms' senior workers expecting bigger bonuses: survey

    Senior workers in London's financial services sector are expecting on average a 21 percent rise in their bonus payouts for this year, despite pressure from regulators and lawmakers for payouts to be reined in, a survey showed on Monday. Managing...
  • Storm Sandy Insurers Battle Flood Claim Lawsuits

    Storm Sandy Insurers Battle Flood Claim Lawsuits
    The havoc storm Sandy wrought up and down the East Coast has for most people receded into the past. But not for everyone. A barrage of federal lawsuits accuse a number of insurance companies — including The Hartford Financial Services Group...
  • Connecticut Banking Commissioner Pitkin To Retire

    Connecticut Banking Commissioner Pitkin To Retire
    Howard Pitkin, commissioner of the state banking department for seven years, much of it marked by the mortgage crisis, will retire in January, ending four decades in the department. "I'm of an age that I still want to enjoy the years I have left with...
  • Residents are getting more nighttime visits from postal carriers

    Residents are getting more nighttime visits from postal carriers
    Moonlight shone over Mandeville Canyon on a recent night when Christen Carter noticed something out of place: a U.S. Postal Service truck making deliveries. "Who's getting mail at night?" said Carter, 45. An increasing number of residents both in...
  • Financial advising firm focuses on professional athletes

    Financial advising firm focuses on professional athletes
    When a new professional athlete gets that first big paycheck, it can be hard to suppress the desire to splurge on a sports car, luxury condo or whatever catches his or her fancy. Friends, family and associates might come looking for a piece, whether it'...