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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
  • Los Angeles Clippers would lose players, sponsors if Sterling stays -CEO

    By Eric Kelsey
  • 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. The...

    Credit Suisse posts big loss after U.S. tax settlement

    ZURICH (Reuters) - Credit Suisse Group AG reported its biggest quarterly loss since the peak of the financial crisis in 2008, the result of a 1.6 billion Swiss franc ($1.78 billion) settlement with U.S. authorities over helping its clients evade taxes....

    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...

    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...