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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 111-121
  • 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...
  • Fewer than 3 percent of nation's banks are minority institutions

    Fewer than 3 percent of the nation’s 6,730 banks are minority institutions, but that’s still a bigger percentage than a decade ago, according to a study released Monday by the Federal Deposit Insurance Corp. The FDIC defines a “...
  • Ask Amy: Grandma wants to charge for sitting

    Dear Amy: My mother raised 12 children — 8 girls and 4 boys. None of us asked her to baby-sit our children, as we felt her work was done. We would visit weekly and watch her enjoy interactions with our children. I have four children. My daughter...
  • 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, than 15 major league baseball games on Saturday. According to...
  • LCAD buying land previously marked for storage facility

    Laguna College of Art + Design is in escrow to buy a 1.5-acre parcel at Big Bend on Laguna Canyon Road that had previously been considered for a self-storage facility, college President Jonathan Burke said Monday. Burke said he could not disclose the...
  • Bruce Makowsky Lists Another Beverly Park Mansion

    SELLER: Bruce Makowsky LOCATION: Beverly Hills (Post Office), CA PRICE: $25,000,000 SIZE: 12,500 square feet, 8 bedrooms, 10 bathrooms YOUR MAMA'S NOTES: Married ladies accessories tycoons Bruce Makowsky and Kathy Van Zeeland -- they've earned a...
  • Home equity line defaults are likely to rise

    Home equity line defaults are likely to rise
    A wave of potential defaults on home equity lines of credit could start arriving in the next few years as Americans face a day of reckoning on their boom-era borrowing. Many homeowners who took out home equity lines, essentially second mortgages, during...
  • READER SUBMITTED: Coldwell Banker Residential Brokerage Cares Foundation Donates $5,000

    The Coldwell Banker Residential Brokerage Cares Foundation is pleased to have recently donated $5,000 to the EverWonder Children's Museum in Newtown. The donation was made through a request by the Coldwell Banker Residential Brokerage office in Newtown...
  • Tesla X to devour premium SUV market: Morgan Stanley report

    Tesla X to devour premium SUV market: Morgan Stanley report
    Tesla's Model X crossover electric car is going to outsell the company's Model S sedan, and is "ready to feast" upon an unsuspecting premium SUV marketplace, says the financial firm Morgan Stanley. A report this week stated that the much-anticipated,...
  • Village officials herald signs of growth in Mundelein

     Village officials herald signs of growth in Mundelein
    The former Dominick's building at Midlothian Road and Route 176 may still be empty, but there are other signs of growth in Mundelein, according to John Lobaito, village administrator. Restaurants have opened or expanded, a new fitness center just opened...
  • Sterling CFO warns of 'severe consequences' if Clippers are not sold

    Sterling CFO warns of 'severe consequences' if Clippers are not sold
    Donald Sterling's move to dismantle a family trust in order to block the sale of the Clippers could cause three banks to call for repayment of $480 million in loans and force the billionaire to sell part of his apartment empire, his chief financial...