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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 45-55
  • Average US rate on 30-year mortgage rises to 3.86 percent

    Average long-term U.S. mortgage rates rose this week yet remained near historic lows reached in May 2013. Long-term rates resumed their upward trend of recent weeks after declining last week. Mortgage giant Freddie Mac said Thursday the national...
  • Northern Trust, Discover hike dividends, announce stock buybacks

     Northern Trust, Discover hike dividends, announce stock buybacks
    Two major financial services companies in the Chicago area said Wednesday they were hiking their dividends and initiating stock buybacks after passing "stress tests" given by the Federal Reserve. Discover Financial Services of Riverwoods will buy back...
  • Hammond couple sue over 'robosigning'

    A Hammond couple claim in a federal lawsuit that they were victims of "robosigning" and other predatory mortgage practices that left them facing foreclosure. According to the lawsuit, which was filed in Lake County Superior Court a month ago and was...
  • Banks roll out spending plans after getting Fed clearance

    The Federal Reserve approved plans by major U.S. banks to raise dividends and buy back shares. Many of the banks responded by revealing their plans. Bank of America announced plans to buy back $4 billion in stock after getting conditional approval...
  • Newport News financial adviser recognized by LPL Financial

    Newport News financial adviser recognized by LPL Financial
    Jayne Di Vincenzo, an independent financial adviser at Lions Bridge Financial Advisors in Newport News, was named to the LPL Financial Chairman's Club. This distinction is based on a ranking of all registered advisors supported by LPL Financial LLC, the...
  • Housing market a mixed bag of optimism, caution

    Housing market a mixed bag of optimism, caution
    With the spring market underway, it's not just real estate agents trying to get your attention as either buyers or sellers. It's real estate websites. Some of that battle is going on in court between the companies after the merger of Zillow and Trulia....
  • Broker business seeks wedge against White House bid to pare fees

    There's a gap between the White House and Wall Street's main regulator over a push to tighten broker rules. To the investment industry, it's an opening to exploit. The Securities and Exchange Commission was missing last month when the White House...
  • Wall Street workers earned $28.5 billion in bonuses last year

    Wall Street workers earned $28.5 billion in bonuses last year
    The average Wall Street bonus last year rose 2% to $172,860 from a year earlier as the financial industry continues to adjust to an era of tighter regulation and moderating, though still relatively high, profits. In a report Wednesday on Wall Street's...
  • NY official: Average Wall Street bonus rises to nearly $173K

    The average bonus paid to securities industry employees in New York City grew 2 percent last year to nearly $173,000, New York's state comptroller reported Wednesday. That's the largest average Wall Street bonus since the 2008 financial crisis,...
  • Andorra takes over bank accused by US of money laundering

    Andorra's government announced Tuesday that the tiny European country is taking over management of one of its five banks after the United States accused top bank managers of helping launder money for criminal groups from China, Russia and Venezuela....
  • Jury awards $491M in damages in prearranged funerals case

    A St. Louis federal jury has awarded $491 million in damages in a 6-year-old lawsuit linked to the collapse years ago of a company that sold prepaid funerals but that federal investigators described as nothing more than an elaborate Ponzi scheme. Monday'...