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Banking

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  • Formula One boss Ecclestone's bribery trial begins in Munich

    MUNICH, Germany (Reuters) - Formula One chief executive Bernie Ecclestone said he remained confident as he went on trial on Thursday for bribery in Germany in a case that could end the Briton's decades-long dominance of the motor sport.
  • Irvine bank to buy Popular branches

    Irvine bank to buy Popular branches
    Banc of California, a growing community bank in Irvine, is doubling its footprint in Southern California as it joins a new wave of smaller California banks pushing to expand into regional players in the aftermath of the financial crisis and the Great...

    Banco Popular sells Orlando branches to Harbor Community Bank

    Banco Popular sells Orlando branches to Harbor Community Bank
    In a cost-cutting consolidation, Banco Popular's U.S. unit plans to exit Orlando by shuttering its local back-office operation and selling its nine Central Florida branches to Fort Pierce-based Harbor Community Bank, officials said Wednesday. Chicago-...

    Exclusive: White House considers former banking lawyer for Fed board - sources

    NEW YORK/WASHINGTON (Reuters) - A former lawyer with the American Bankers Association is being considered by the White House as a possible nominee to the board of the Federal Reserve, according to sources familiar with the efforts The lawyer's name...

    White House considers bank experts for Fed board: sources

    WASHINGTON (Reuters) - The White House is weighing candidates with community banking backgrounds to fill gaps on the Federal Reserve's powerful but depleted board, according to sources familiar with the efforts. Diana Preston, a lawyer who recently...