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Banking

A collection of news and information related to Banking published by this site and its partners.

Top Banking Articles see all

Displaying items 1-5
  • CIT Group to buy Pasadena lender OneWest Bank

    CIT Group to buy Pasadena lender OneWest Bank
    Pasadena's OneWest Bank, which rose from the ashes of failed high-risk home lender IndyMac Bank, agreed to be bought by commercial lender CIT Group Inc. in a $3.4-billion deal that would create the biggest bank based in Southern California.
  • Summer jobs prepare the next generation [Commentary]

    Summer jobs prepare the next generation [Commentary]
    I landed my first summer job when I was 16. The qualifications were straightforward — possess strong decision-making skills, the ability to negotiate and compromise with colleagues, and the strength to maintain a calm demeanor in the face of...

    JPMorgan begins to provide consumer help under $13 billion settlement

    WASHINGTON (Reuters) - JPMorgan Chase & Co has begun to provide the debt forgiveness and other help to struggling homeowners under last year's $13 billion accord with federal and state authorities, though it has only turned over a handful of details, a...

    That's all? Citigroup eludes real punishment on securities

    The following editorial appeared in the Pittsburgh Post-Gazette on Monday, July 21: Last Monday, the Department of Justice announced a $7 billion settlement with Citigroup, the nation's third-largest bank, over a federal investigation into the bank's...

    Russia worries in a low-volatility world: James Saft

    (Reuters) - Rising tensions between Russia and the West are doing what central bankers can't or won't: scare investors. Global stock markets fell for a third straight session on Monday, driven in substantial part by rising tensions after the downing of a...