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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
  • Man who stole from law clients sentenced to 12 years

    A Newport Beach man was sentenced by an Orange County Superior Court judge Friday to 12 years in state prison for stealing more than $780,000 from nine victims while acting as their attorney. Peter David Nitschke, 47, pleaded guilty Feb. 3 to six...
  • Film Review: 'It's Only Make Believe'

    Despite the title, there's nothing very fanciful about the trials endured by the heroine of "It's Only Make Believe," or her doggedly realistic responses to them. Still, there's a breathless hyperreality to Arild Ostin Ommundsen's latest feature that...
  • Judge seizes ex-Emanuel comptroller's bank accounts

    Judge seizes ex-Emanuel comptroller's bank accounts
    A federal judge in Ohio has ordered that $107,000 be seized from the bank accounts of former Chicago city comptroller Amer Ahmad, who was arrested in Pakistan last month after fleeing the country. The money, held in two bank accounts controlled by Ahmad,...
  • 'Mat' In America: U.S. Manufacture Succeeds for WeatherTech

    'Mat' In America: U.S. Manufacture Succeeds for WeatherTech
    Three minutes into the second quarter of the Super Bowl, soon after a Bank of America ad featuring a new song by U2 and Tim Tebow shilling for T-Mobile, a curious 30-second spot broke the slick run of corporate pitchmen. It looked like a local cable ad: A...
  • U.S. appeals court endorses wrist-slaps for bank wrongdoing

    U.S. appeals court endorses wrist-slaps for bank wrongdoing
    U.S. District Judge Jed Rakoff, the federal judiciary's most outspoken critic of court settlements that let Wall Street bankers off easy, has been slapped down again. Rakoff, 70, was rebuked Wednesday by federal appellate judges in New York -- his...
  • In historic step, ECB pushes bank deposit interest rate below zero

    In historic step, ECB pushes bank deposit interest rate below zero
    In a bid to spur growth and avert the dangerous threat of deflation bedeviling the sluggish Eurozone economy, the European Central Bank cut its benchmark interest rate to a record low and took the unprecedented step of lowering the bank deposit rate below...
  • 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...
  • BofA settles with insulted homeowner

    BofA settles with insulted homeowner
    It looks as if Daniel A. Bailey Jr. will be allowed to keep the home where he endured the wrath of Countrywide Financial kingpin Angelo Mozilo — and then skipped more than five years of mortgage payments. A loan modification, now close to final,...
  • Deflation-wary European Central Bank cuts deposit rate to below zero

    In a bid to spur growth and avert the dangerous threat of deflation in the sluggish Eurozone economy, the European Central Bank cut its benchmark interest rate to a record low and took the unprecedented step of lowering the bank deposit rate below zero....
  • California United, 1st Enterprise Banks to Merge

    The leaders of two local banks are aiming to shake up commercial lending in Southern California by combining into a sizable regional lender that promises to focus only on the needs of small and mid-size businesses. The merger of 1st Enterprise Bank into...
  • Gibson Island home offers waterfront views from every room

    Gibson Island home offers waterfront views from every room
    One of the finest waterfront properties on Gibson Island in Anne Arundel County is the contemporary three-story stucco home at 1621 St. Giles Road. "[The house] is just stunning, with sweeping views across Otter Pond and all the way to the Chesapeake...