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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 12-22
  • Institutions shift to exchange-traded funds as futures grow costly

    NEW YORK (Reuters) - Institutional investors, like endowments and sovereign wealth funds, are trading some of their stock futures contracts for exchange-traded funds, an action they say saves them money and effort while providing comparable returns. It...
  • La Cañada History: Area PGA player named Golf Professional of the Year

    La Cañada History: Area PGA player named Golf Professional of the Year
    Ten Years Ago La Cañada High School received a face-lift in the summer of 2004 when about 3,000 gallons of paint, most of it in the shade "Ventura Yellow" covered its previously gray walls. "I think it looks great," said Cynthia Keech, then principal of...
  • Deutsche Bank pretax profit rises as markets focus pays off

    FRANKFURT (Reuters) - Deutsche Bank AG's bid to become "last man standing" in European investment banking is working, the bank said on Tuesday, even as the threat intensifies of costly litigation and regulatory actions. Germany's flagship bank reported a...
  • Washington state doctor suspected of promoting prostitution

    SEATTLE A Drug Enforcement Administration (DEA) investigation into an anesthesiologist who was making large cash bank deposits has turned up an international prostitution ring involving the doctor and his girlfriend, according to federal court documents....
  • Trade may be flagging, global growth at risk: James Saft

    (Reuters) - (James Saft is a Reuters columnist. The opinions expressed are his own)While most investors are transfixed by trying to anticipate the next jurisdiction-hopping, tax-driven merger, there are small but growing signs that global growth may be...
  • Miami jury convicts last two defendants in $200 million Medicare scam

    MIAMI The nation's biggest mental health scam against Medicare totaling $200 million in false billings ended with a quick bang Monday when the last two defendants in a long-running probe were found guilty in Miami federal court. The health care fraud...
  • Ask Amy: Grandma wants to charge for sitting

    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...
  • Bitcoin catches on in tech-savvy Romania

    BUCHAREST (Reuters) - In a well-lit office with red window frames in downtown Bucharest, Romania's first bitcoin ATM attracts many who until it opened in May had to buy or sell the digital currency face-to-face or through wire transfers. The interest...
  • McDonnells -- and politics -- about to stand trial

    McDonnells -- and politics -- about to stand trial
    RICHMOND — Bob and Maureen McDonnell start the trial Monday that will dictate the rest of their lives. Also on trial: Unsavory cash-fueled elements of politics, and Virginia's particular tradition of donor generosity toward the state's political...
  • BNP case spurs calls for whistleblower incentives in banking

    NEW YORK (Reuters) - BNP Paribas SA's $9 billion settlement with U.S. authorities, aided by internal whistleblowers, has spurred calls for federal banking regulators to protect and reward individuals who report wrongdoing by banks. The U.S. Securities...
  • 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...