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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 23-33
  • Overdraft fees risky for consumers, bonanza for U.S. banks: report

    WASHINGTON (Reuters) - Consumers who opt in for bank overdraft protection end up paying more than double for small purchases, a U.S. consumer watchdog warned on Thursday, giving banks a fee bonanza when checking accounts are short of funds. A study by...
  • Ecclestone trial halted after F1 boss agrees to $100 million settlement

    MUNICH Germany (Reuters) - A German court on Tuesday halted a bribery trial against Bernie Ecclestone in exchange for his paying a $100 million (74.70 million pounds) fee, under the terms of a settlement agreed by prosecutors and the chief executive of...
  • Robert B. Reich: Workers who serve society aren't rewarded for dedication

    What someone is paid has little or no relationship to what their work is worth to society. Does anyone seriously believe that hedge-fund mogul Steven A. Cohen is worth the $2.3 billion he raked in last year, despite being slapped with a $1.8 billion fine...
  • F1 boss Bernie Ecclestone settles bribery case for $100 million

    F1 boss Bernie Ecclestone settles bribery case for $100 million
    A bribery case against Formula One boss Bernie Ecclestone was dropped Tuesday after a German court agreed to accept a $100-million payment from the billionaire. The settlement came after more than three months of evidence and testimony at the Munich...
  • 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...
  • Going direct: GIC gives private equity firms run for their money

    SINGAPORE (Reuters) - Singapore's GIC is taking the unusual step of investing directly in unlisted firms, a move bankers say will be mimicked by other sovereign wealth funds as low yields spur fund managers to adopt a more hands-on attitude in their...
  • Textile manufacturing returns to Carolinas � by way of China

    INDIAN LAND, S.C. Next spring, spinning wheels will hum again in Lancaster County, S.C. Keer, a textile company headquartered two hours southwest of Shanghai, China, is building yarn manufacturing lines in Lancaster, bringing more than 500 jobs. The...
  • See which banks are the most, least affordable

    See which banks are the most, least affordable
    When it comes to managing your money, every little thing adds up. Between ATM withdraw fees, transfer fees and more your checking account can easily dwindle before your eyes. Some banks limit their fees to only the necessary, while others will...
  • Consumer Reports: Mobile check deposit: pros and cons

    If you thought depositing checks into your bank account would never be anything other than a mundane but mandatory chore, perhaps you haven't heard of the bank-check selfie, more formally known among bankers as "remote deposit capture." Consumer...
  • Verdict: McDonnells guilty on multiple counts

    Verdict: McDonnells guilty on multiple counts
    RICHMOND — A federal jury found Bob and Maureen McDonnell guilty Thursday of nearly all the corruption charges against them. The 71st governor of Virginia shook, as if crying silently, as the later counts were read and the potential years in...
  • Kevin Hunt: Aetna Botches Autopay Deduction, Wipes Out Her Bank Account

    Kevin Hunt: Aetna Botches Autopay Deduction, Wipes Out Her Bank Account
    Even by current standards of escalating healthcare premiums, a monthly $243 autopay deduction that becomes $1,017, without notice, and wipes out the insured's bank account is a shocker. Kate of East Granby was equal parts outraged and alarmed when Aetna...