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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
  • Historic Pasadena hotel gets $60-million makeover

    Historic Pasadena hotel gets $60-million makeover
    A historic hotel in downtown Pasadena that served as sedate senior housing for decades is about to make a splashy comeback. The $60-million makeover of Hotel Constance reflects Pasadena's rising profile as an international travel destination. As part of...
  • Modi promises access to banking for India's poor

    NEW DELHI (Reuters) - Prime Minister Narendra Modi promised on Friday greater access to financial services for nearly 500 million Indians who do not have a bank account, many of whom are now at the mercy of money lenders who charge extortionate interest....
  • Smaller banks see regulatory relief after U.S. elections

    WASHINGTON (Reuters) - All but the biggest U.S. banks could see relief from some financial reforms after the November elections even if control of the U.S. Congress remains divided between Democrats and Republicans.     Post-election committee leadership...
  • Regulators pushing banks to rid casinos of money-laundering

    NEW YORK (Reuters) - Large global banks are facing increased pressure from U.S. regulators to clamp down on casino money-laundering as the government pushes the industry to police not only its own transactions but customers' as well.     Bankers,...
  • Arab Bank called Hamas 'paymaster' as trial opens in New York

    NEW YORK (Reuters) - Arab Bank Plc served as "paymaster" of funds supporting Hamas, lawyers for a group of Americans suing the bank for compensation stemming from attacks by the Palestinian militant group told a jury on Thursday as a long-anticipated...
  • Russian oil giant seeks funds earmarked for pensions

    MOSCOW (Reuters) - Russia's Rosneft , which produces more oil than Iraq or Iran, is seeking a $42 billion loan from a fund earmarked for Russian pensions to help it weather Western sanctions imposed over Moscow's role in Ukraine. Analysts expected the...
  • Can you flip a house for profit in this market?

    Can you flip a house for profit in this market?
    If flipping a house in today's real estate market seems riskier than trekking with a ragtag band of hobbits to Mordor, take heart: Home flippers can still find plenty of opportunities, though they're not entirely without risk. It may seem...
  • BofA's Montag becomes sole COO as co-COO relocates: Bloomberg

    (Reuters) - Thomas Montag will become Bank of America Corp's sole chief operating officer as co-COO David Darnell takes a new title after asking to relocate to Florida, Bloomberg reported. Darnell will serve as vice chairman and continue to oversee...
  • Flippers, landlords find new home-loan money

    Flippers, landlords find new home-loan money
    Orlando landlord Brian Lunsford needed $40,000 to renovate a house that a college student almost burned down, so he turned to an online crowdfunding site. Within two days, more than a dozen investors had each agreed to loan him an average of $2,800...
  • Speed is of the essence in IPO roadshow tour scramble

    LONDON (Reuters) - Going on the road isn't what it used to be for investment bankers hawking shares in companies seeking a stock market listing. Gone are the days of the private jet and the two-week carousel of five-star hotels in Europe and the United...
  • Special Report - Web of lies: How a Spanish tech star fooled the world

    MADRID (Reuters) - For nearly 10 years, Spanish internet company Let's Gowex SA said it was making money by providing public wi-fi in cities around the world. Most of the contracts, it now emerges, never existed. Instead Gowex chief Jenaro Garcia...