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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
  • Bankers win friends again in Europe with lure of easy money

    BRUSSELS (Reuters) - Jacques de Larosiere says he is an isolated and modest man. Yet the 84-year-old former head of the International Monetary Fund is one of the most influential voices in European and global finance. An eminence grise as respected among...
  • Barclays planning exit of some commodities markets: FT

    (Reuters) - Barclays is planning to withdraw from parts of the metals, agricultural and energy markets, echoing moves by other major players like JPMorgan Chase and Morgan Stanley away from the commodities business, the Financial Times reported on Sunday....
  • Women edge into Gulf boardrooms as economies, societies shift

    DUBAI (Reuters) - Amina al-Rustamani, a member of a prominent UAE family, raised eyebrows among friends and relatives when she started her career in Dubai 13 years ago as an electrical engineer, becoming one of few females in the Middle East to enter...
  • Colonial Realty's Founders Bilked Nearly 7,000 Investors

    Colonial Realty's Founders Bilked Nearly 7,000 Investors
    Bernard Madoff's investor fraud took the Ponzi scheme to a new level, but it wasn't so long ago that Connecticut had its own infamous fraud case tied to some of Hartford's most well-known real estate: Colonial Realty Co. And in the two decades since...
  • Baltimore dock union facing takeover amid contract talks

    Baltimore dock union facing takeover amid contract talks
    After an investigation that revealed missing money and questionable financial practices, officials of a national longshoremen's union are considering seizing control of a Baltimore chapter — a move that could complicate contract negotiations at...
  • Veteran F1 boss Ecclestone faces German bribery trial

    LONDON (Reuters) - Formula One chief executive Bernie Ecclestone goes on trial for bribery in Germany this week in a case that threatens to end the Briton's long reign as the commercial boss of the motor sport. Prosecutors in Munich have charged...
  • Politics as Usual

    A mud ball's gaseous odor As predicted by political insiders, state Treasurer Rob McCord was the first Democrat to run a TV attack ad against one of the other Democrats running for governor in the May 20 primary. It started Thursday. In the 30-second...
  • 1st Mariner buyers see value in local brand

    1st Mariner buyers see value in local brand
    The founder of 1st Mariner launched the Baltimore bank as an alternative to big, faceless, out-of-state institutions at a time when banks based elsewhere had rapidly gobbled up 30 percent of the Maryland market. Now — 19 years and many...
  • Three more convicted in Armenian Power fraud, extortion schemes

    Three men with ties to the Armenian Power gang were convicted in federal court this week for their roles in a vast racketeering conspiracy and a sophisticated debit card skimming scheme that targeted thousands of customers at 99 Cents Only stores across...
  • Glendale resident found guilty of bank fraud, ID theft

    Glendale resident Rafael Parsadanyan was one of three men who were found guilty on Thursday of bank fraud and stealing the identities of hundreds of 99 Cents Only store customers. The other two men, Mher Darbinyan and Arman Sharopetrosian, were also...
  • JPMorgan on profit drop: Be relieved we aren't taking big risks

    (Reuters) - JPMorgan Chase & Co executives had a clear message for shareholders after reporting declining first-quarter earnings: don't worry, be happy that the bank isn't chasing short-term gains by making irrational lending decisions. The first quarter...