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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 100-110
  • Bank of America halts dividend boost, buyback after finding bad data

    Bank of America halts dividend boost, buyback after finding bad data
    The Federal Reserve on Monday said it required Bank of America to suspend plans to increase dividends and buy back stock after the firm told regulators it submitted incorrect data about its finances as part of the government's annual stress tests. The...
  • Formula One might be sold

    Formula One might be sold
    Speculation continues that ownership of Formula One might be on the verge of changing hands. Canadian fashion tycoon Lawrence Stroll has been in talks about buying part of the international racing series, Britain's Sky News reported last week, and he'...
  • DreamWorks Animation Stock Tumbles After 'Mr. Peabody' Writedown

    DreamWorks Animation shares have slid sharply after the company took a $57 million impairment charge against earnings due to disappointing box office results for "Mr. Peabody and Sherman." Shares were down 9.6% in mid-session trading Wednesday, falling...
  • Floyd Mayweather's promoter downplays possibility of buying Clippers

    Floyd Mayweather's promoter downplays possibility of buying Clippers
    LAS VEGAS -- Among the notables who have expressed interest in buying the Los Angeles Clippers – a team that’s not for sale, by the way – is boxer Floyd Mayweather Jr., the country’s highest-paid athlete, one on track to earn $90...
  • Bidders battle over 1st Mariner Bank

    Bidders battle over 1st Mariner Bank
    An all-out battle over Baltimore's last major independent bank broke out Monday in federal bankruptcy court, leaving a judge to decide — potentially later this week — whether the institution is sold to an investment group with local ties or to...
  • Discovery Science Center's L.A. offshoot museum to open in November

    Discovery Science Center's L.A. offshoot museum to open in November
    Turning a lingering and expensive civic embarrassment into a new asset for science education, a never-used, $21.8-million building paid for by the city to give the San Fernando Valley its first major museum finally will open Nov. 13 at Hansen Dam...
  • READER SUBMITTED: Thomaston Savings Bank Supports The Boys And Girls Clubs

    Thomaston Savings Bank has continuously supported the Boys and Girls Clubs of America within the communities it serves through grants, donations, and employee volunteer efforts. The Bank is proud to support an organization which positively impacts so...
  • READER SUBMITTED: Thomaston Savings Bank Foundation Supports Hispanic Coalition Of Greater Waterbury

    The Hispanic Coalition of Greater Waterbury has been serving our community since 1988 and continues to dedicate time to the advancement of the Hispanic community through social services, educational programs, and advocacy. The Coalition received a $1,...
  • Bank of America may appeal $1.27 billion award in 'Hustle' fraud case

    Bank of America may appeal $1.27 billion award in 'Hustle' fraud case
    A federal judge on Wednesday ordered Bank of America Corp to pay $1.27 billion of damages after a federal jury found the second-largest U.S. bank liable for fraud over defective mortgages sold by its Countrywide unit. The decision by U.S. District Judge...
  • BofA ordered to pay $1.3 billion over Countrywide lending program

    BofA ordered to pay $1.3 billion over Countrywide lending program
    Countrywide Financial hustled to make the loans. Bank of America, once again, is picking up the bill for the damages caused — the latest buffeting since the bank's disastrous acquisition of the Calabasas high-risk lender six years ago. A New...
  • Springfield Estate has 19th-century character for 21st-century living

    Springfield Estate has 19th-century character for 21st-century living
    It is not often that a piece of Maryland architectural history goes on the market, which is one of myriad reasons that the Springfield Estate (also known as Peerce's Plantation) in northern Baltimore County is such a treasure. At a selling price of $1....