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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 67-77
  • Hackers steal up to $1 billion from banks, security firm says

    Hackers steal up to $1 billion from banks, security firm says
    A hacking ring has stolen up to $1 billion from banks around the world in what would be one of the biggest banking breaches known, a cybersecurity firm says in a report released Monday. The hackers have been active since at least the end of 2013 and...
  • 'Boomerang' buyers poised for moves, report states

    'Boomerang' buyers poised for moves, report states
    Seven years after the housing crash, Orlando has been dubbed a "boomerang market" as former homeowners begin to restore their credit enough to purchase another house. More than almost anywhere in the country, Metro Orlando has the makings of a housing...
  • 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...
  • 'Boomerang buyers' help shape South Florida's housing market

    'Boomerang buyers' help shape South Florida's housing market
    More than 300,000 South Floridians who lost their homes during the housing bust could be eligible to own again over the next eight years, a new report shows. In Palm Beach, Broward and Miami-Dade counties, 322,141 homeowners have completed short sales...
  • 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...
  • 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....
  • 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...
  • Small Financial Services Firm Finds Niche in IRS Compliance

    Small Financial Services Firm Finds Niche in IRS Compliance
    AVON — AMTEC, a small financial services firm that employs 11 people, has a business built on regulations you've never heard of for investments you may have never bought. But, those investments — tax-exempt bonds — are sure to have...
  • Mortgage sweet mortgage: What to look for in a home loan

    With the New Year upon us, most of us are knee-deep in working through our resolutions and planning for the year ahead. If one of your goals this year involves buying a house, then you have the time-consuming project of sorting through mountains of...
  • Mortgage rates fall to lowest level since May 2013

    Average long-term U.S. mortgage rates fell for the fourth straight week, with the benchmark 30-year rate again marking its lowest level since May 2013. The average for a 15-year mortgage, a popular choice for people who are refinancing, slipped further...