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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
  • 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...
  • 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...
  • Third arrest made in bank fraud that stole $87,000 from woman, say police

    Third arrest made in bank fraud that stole $87,000 from woman, say police
    A third woman has been arrested in connection with a suspected bank fraud scheme that stole close to $90,000 from a woman's TD Bank account, police said. Lisa Ollis, 38, of Greenacres, is accused of being one of four women involved in the fraudulent...
  • Rothstein's ex-partner Stuart Rosenfeldt appears in court on conspiracy charge

    Rothstein's ex-partner Stuart Rosenfeldt appears in court on conspiracy charge
    Wearing handcuffs but looking relaxed, former Rothstein Rosenfeldt Adler partner Stuart Rosenfeldt made his first appearance as a defendant in a criminal case on Wednesday afternoon in federal court in Miami. Rosenfeldt, 59, of Boca Raton, has already...
  • Ex-Rothstein partner Stuart Rosenfeldt charged with conspiracy

    Prosecutors filed a criminal conspiracy charge against former Rothstein Rosenfeldt Adler partner Stuart Rosenfeldt on Thursday — accusing him of committing bank fraud, making illegal political donations and running a prostitute out of town when...
  • Former Fort Lauderdale executive pleads guilty in million dollar bank fraud

    The former owner of a Fort Lauderdale-based consulting company has pleaded guilty to bank fraud, U.S. Attorney Wifredo Ferrer announced. Henry Fecker III, 60, formerly of Ft. Lauderdale, was the owner of Camden Consulting, Inc., a shell company used...
  • 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...
  • U. of I. evolves as it adjusts to huge increase in international students

    U. of I. evolves as it adjusts to huge increase in international students
    Linda Fotzler bought the Armory House, a private dorm on the University of Illinois campus, in 1973, the year after she graduated. The students who lived there were predominantly men, and there was quite a bit of partying. Her current challenge is...
  • 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...
  • Herbalife shares rise as Ackman attack fizzles

    Bill Ackman promised a bombshell, but the activist investor's latest attack against Herbalife landed with a thud on Wall Street. Shares of the Los Angeles nutritional products company jumped 25% on Tuesday after the longtime Herbalife critic unveiled...