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Banking

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

Top Banking Articles

Displaying items 1-11
  • New Lenox police reports: False claim, black market drugs, and more

    New Lenox police reports: False claim, black market drugs, and more
    The following items were taken from police reports: A 26-year-old Orland Hills man was charged with DUI, reckless driving, improper lane use and operating an uninsured motor vehicle during a July 6 traffic stop near the intersection of Interstate 80 and...
  • McDonnells -- and politics -- about to stand trial

    McDonnells -- and politics -- about to stand trial
    RICHMOND — Bob and Maureen McDonnell start the trial Monday that will dictate the rest of their lives. Also on trial: Unsavory cash-fueled elements of politics, and Virginia's particular tradition of donor generosity toward the state's political...
  • McDonnell trial: Researchers wary of McDonnell's Anatabloc ties

    McDonnell trial: Researchers wary of McDonnell's Anatabloc ties
    University of Virginia researchers were uncomfortable about the governor’s apparent support for Anatabloc, a supplement they considered studying at its maker’s behest, a key university official testified Monday during the federal corruption...
  • McDonnell trial: Another brutal courtroom day for Maureen McDonnell

    McDonnell trial: Another brutal courtroom day for Maureen McDonnell
    RICHMOND — Former first lady Maureen McDonnell was a woman on the warpath some days at the governor's mansion, a close assistant testified Tuesday in Bob and Maureen McDonnell’s continuing trial on federal corruption charges. At one point, a...
  • Verdict: McDonnells guilty on multiple counts

    Verdict: McDonnells guilty on multiple counts
    RICHMOND — A federal jury found Bob and Maureen McDonnell guilty Thursday of nearly all the corruption charges against them. The 71st governor of Virginia shook, as if crying silently, as the later counts were read and the potential years in...
  • Freddie Mac: Fixed mortgage rates edge higher; 30-year averaging 4.14%

    Freddie Mac: Fixed mortgage rates edge higher; 30-year averaging 4.14%
    Reversing a five-week trend, fixed mortgage rates edged higher this week, with lenders telling Freddie Mac they were offering 30-year loans at an average interest rate of 4.14%, up from 4.12% last week.  The 15-year fixed mortgage, a favorite of...
  • East L.A.'s Pan American Bank gets $6-million bailout from other banks

    East L.A.'s Pan American Bank gets $6-million bailout from other banks
    Rescuing California's oldest Latino bank, 16 larger community and regional banks have chipped in $6.3 million to help keep 50-year-old Pan American Bank in East Los Angeles open. The deal is expected to bring change to the board of directors and...
  • Bidding for Clippers was 'like speed dating'

    Bidding for Clippers was 'like speed dating'
    The billionaire suitors came one after another, pulling up to the beachfront mansion just steps up the coast from the exclusive Malibu Colony. A lucky few had been asked to meet with Shelly Sterling — the Clippers were for sale. Steve Ballmer...
  • Maryland racing industry embraces new optimism as Preakness approaches

    Maryland racing industry embraces new optimism as Preakness approaches
    It's hard to overstate how bleak an outlook Maryland thoroughbred racing faced as recently as four years ago. Magna Entertainment Corp., which owned Pimlico Race Course and Laurel Park, had declared bankruptcy and squandered a chance to bring...
  • No World Cup? No problem as soccer attendance continues to soar

    No World Cup? No problem as soccer attendance continues to soar
    A month after the U.S. was eliminated from the World Cup, the country's new-found passion for soccer showed no signs of ebbing, with 10 soccer games drawing a higher average attendance, then 15 major league baseball games on Saturday. According to...
  • Questions about Steve Ballmer's $2-billion bid for Clippers

    Questions about Steve Ballmer's $2-billion bid for Clippers
    The whirlwind bidding in the sale of the Clippers ended Thursday with an agreement by co-owner Shelly Sterling to sell the team to former Microsoft chief executive Steve Ballmer for a record $2 billion. Lots of questions remain about the deal and the...