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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
  • PASSINGS: Simin Behbahani, George Hansen, Hashim Khan, Fernand St Germain

     Simin Behbahani Acclaimed poet known as 'lioness of Iran' Simin Behbahani, 87, a famed Iranian poet who wrote of the joys of love, demanded equal rights for women and spoke out about the challenges facing those living in her homeland, died Tuesday in...
  • Hires and promotions at Lehigh Valley businesses

    JOHN ARRINGTON has been selected as the executive vice president and Nittany Region president of National Penn Bancshares Inc. He will serve on different operating committees and is responsible for executive management in Centre County, such as...
  • Bank of America to pay record $16.65 billion to settle mortgage claims

    Bank of America to pay record $16.65 billion to settle mortgage claims
    Bank of America Corp. has agreed to pay $16.65 billion to end federal and state investigations into the sale of toxic mortgage securities during the subprime housing boom, the largest settlement by a single company in U.S. history, the Justice...
  • Illinois will receive $300 million in Bank of America settlement

    Illinois will receive $300 million in Bank of America settlement
    Bank of America and the Justice Department have reached a record settlement of almost $17 billion to end a long-running probe into the marketing and sale of toxic mortgage securities by the bank and particularly its Countrywide Financial and Merrill Lynch...
  • Amistad America Put Into Receivership

    Amistad America Put Into Receivership
    An independent receiver was appointed Thursday to take command of Amistad America Inc., the troubled nonprofit group widely criticized for its management of the replica slave ship that it has controlled since the ship's launch 14 years ago. Attorney...
  • Paul Hoffman, director, Dresner Partners

    Paul Hoffman, director, Dresner Partners
    Chicago-based investment bank Dresner Partners has promoted Paul Hoffman to director from senior vice president. Prior to joining Dresner Partners, Hoffman worked for nine years at Bank of America Securities in Chicago. Hoffman has a B.A. in economics...
  • Neighborhood work program gets $5,000 grant

    A nonprofit group in the Oak View community of Huntington Beach received a $5,000 grant from the Bank of America Charitable Foundation to assist its efforts to help residents find employment. The Oak View Renewal Partnership will use the money to fund...
  • More companies adding video to personalize online customer service

    More companies adding video to personalize online customer service
    In a hurry on a sizzling July morning, Veronica Vallejos opted for the drive-through ATM at Visterra Credit Union in Moreno Valley. After pulling under a carport, she leaned out her window and found to her surprise, a screen lit up with Regina's smiling...
  • READER SUBMITTED: Bank Of America Provides Internships

    Michael Edwards, Eva Maher, Zak Sayah, recent graduates of the Classical Magnet School, Angelica Torres-Maldonado, a recent graduate of The Greater Hartford Academy of the Arts and Makeda Barr-Brown, a rising senior at the Sport and Medical Sciences...
  • 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...
  • Shrinking would untangle regulation: Front Burner

    The idea that some banks are "too big to fail" became common in 1984 when Continental Illinois was on the brink of failure. The seventh-largest bank in the U.S. at the time, Continental Illinois had $40 billion in assets, but many of those assets were bad...