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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
  • WNBA Eastern Conference finals: Sky vs. Fever

    WNBA Eastern Conference finals: Sky vs. Fever
    Best-of-three Game 1: 6 p.m. Saturday at Bankers Life Fieldhouse; NBA TV. Game 2: 3 p.m. Monday at Allstate Arena; NBA TV. Game 3: 6 p.m. Wednesday at Bankers Life Arena; NBA TV (if necessary). At stake: Winner meets either Phoenix or defending...
  • Player, not pawn, Rothstein associate gets five years

    Player, not pawn, Rothstein associate gets five years
    She may have held an impressive title — chief financial officer at Scott Rothstein's law firm — but Irene Shannon's attorney described her as nothing but a pawn to South Florida's king of fraud. Friday, a federal judge disagreed. U.S....
  • Sitting Down With Bank Of America CEO Brian Moynihan

    Sitting Down With Bank Of America CEO Brian Moynihan
    Bank of America CEO Brian Moynihan stopped recently in Farmington to visit a major office of the bank's home equity lending business. In the past 18 months, the location has added 200 employees, for a total of 650, most of them in home equity. More...
  • Draghi dials R for Reform. Line is busy

    FRANKFURT (Reuters) - Two years ago, euro zone government leaders hung on Mario Draghi's every word. Now the European Central Bank chief is struggling to get through to them. What has happened to 'Super Mario's' mojo? For financial markets, Draghi's...
  • Take steps to limit damage if hackers snare your data

     Take steps to limit damage if hackers snare your data
    You might have gone to a supermarket, mailed a package at UPS or gone to a restaurant or hospital and thought nothing about holding your wallet tightly. Yet, a thief might have preyed on you anyway. And if you are like millions of Americans, you are...
  • Big U.S. banks seek new clarity on risks of marijuana-linked accounts

    ST. LOUIS (Thomson Reuters Accelus) - Major banks are getting increasingly wary of some transactions with smaller banks that have begun to allow marijuana businesses to open accounts. Officials at the bigger institutions say they fear being in breach of...
  • Bank of America seeks to void verdict in $1.27 billion 'Hustle' case

    NEW YORK (Reuters) - Bank of America Corp on Thursday asked a federal judge to throw out a jury verdict finding it liable for fraud over defective mortgages sold by its Countrywide unit that resulted in a $1.27 billion penalty. The bank urged U.S....
  • Discover card shares top spot in J.D. Power satisfaction ranking

    Discover card shares top spot in J.D. Power satisfaction ranking
    For the first time since 2007, American Express must share a J.D. Power award for highest customer satisfaction of credit-card companies. Riverwoods-based Discover Financial Services was in a dead heat with American Express for the top score in the 2014...
  • Voters in 2 rival camps will elect 2 rival Congresses

    PRATT, Kan. America will elect two Congresses this fall, particularly in the House of Representatives. That's because there are two Americas doing the voting: one hunkered down in redder-than-ever Republican districts that send partisan Republican...
  • The Mortgage Professor: The CFPB is now a consumer complaint clearinghouse: Will that help consumers?

    Markets for financial services often don't work well for consumers. The trial and error technique that consumers rely on in navigating many markets, such as food and clothing markets, does not work well when transactions are large and infrequent....
  • Ruling good for community associations: My Word

    With a recent ruling by Florida's Fifth District Court of Appeal, community associations scored a victory that will provide them with financial relief during the fragile real-estate recovery. It marks a turning point in community associations' ongoing...