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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
  • 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...
  • Barclays' dark pool trading volume falls after lawsuit

    NEW YORK/LONDON (Reuters) - Trading activity has slumped in Barclays Plc's BARC.L U.S. share trading venue after New York's attorney general accused the British bank of misleading its customers and giving an unfair edge to high-speed traders. Volume in...
  • Sterling may have to sell $500M in real estate holdings

    LOS ANGELES — Donald Sterling may have to sell $500 million in real-estate holdings after he revoked a family trust to try to prevent his wife from selling the Los Angeles Clippers without his consent, an executive for Sterling said Monday. Darren...
  • People on the move

    Public relations/marketing Toby Srebnik has joined Hollywood-based Fish Consulting as social media director. Claibourne Smith joined the firm as an account manager and Andie Biederman as account executive. In addition, Chad Cohen was promoted to...
  • 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 “...
  • 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...
  • 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...
  • Former Qualcomm executive pleads guilty to insider trading

    (Reuters) - A former president of Qualcomm Inc's global business operations pleaded guilty on Monday to insider trading in shares of the mobile phone chipmaker and a company it bought in 2011, as well as to a related money laundering charge. Jing Wang,...
  • Former BofA short-sales employee gets prison term for taking bribes

    Former BofA short-sales employee gets prison term for taking bribes
    A former Bank of America mortgage employee was sentenced to 30 months in prison for pocketing $1.2 million in payoffs to approve sales of distressed properties for far less than their actual value. Kevin Lauricella, 29, who had worked for BofA in Simi...
  • Bank of America won't take no for a permanent answer

     Bank of America won't take no for a permanent answer
    The letter Richard Knee received from Bank of America opened with a warning: "You may be missing out on valuable offers." "According to our records, you are not being mailed offers from Bank of America because you have opted out of postal mail marketing...
  • 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...