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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
  • Baltimore County bouncer turned businessman is in the fight of his life

    Baltimore County bouncer turned businessman is in the fight of his life
    The nightclub insurer promised to fight for its clients — its promotional material shows a man socked in the face with a boxing glove. But founder Jeffrey B. Cohen fights everything. He went after competitors, clients, former employees and even...
  • China's rich look abroad as home prices fall, others stay put

    BEIJING (Reuters) - Rattled by falling home prices, some of the wealthiest Chinese are paring their property investments and turning to private equity or overseas holiday homes, a sign of fading hopes that the once red-hot market can bounce back any...
  • Five questions for financial gerontologist Cyndi Hutchins

     Five questions for financial gerontologist Cyndi Hutchins
    As baby boomers ebb out of the workforce and into retirement, financial advisers are helping wind down their clients' careers by preparing them for soon-to-be-reduced incomes. Meet Cyndi Hutchins, Bank of America Merrill Lynch's director of financial...
  • 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...
  • Murdoch is pouncing on Time Warner while rivals are distracted

    NEW YORK (Reuters) - Rupert Murdoch looks to have been canny in his $80 billion takeover approach to Time Warner Inc, cornering the media giant at a time when potential "white knight" bidders are busy absorbing their own large deals. The absence of...
  • Lauderhill man pleads guilty to bank fraud, faces up to 30 years in prison

    A Lauderhill man pleaded guilty Friday to committing bank fraud that cost the IRS more than $200,000. Willy Toussaint, 41, faces up to 30 years in prison, five years of probation and a $1,000,000 fine, according to the U.S. Department of Justice....
  • The Week Ahead: The clock is ticking on zero interest

    Who should investors listen to: bankers or the bankers' banker? Both will compete for the market's attention in the week ahead. A half dozen of America's biggest commercial banks such as JP Morgan and Bank of America are due to update their...
  • New Lenox police reports: False claim, black market drugs, and more

    New Lenox police reports: False claim, black market drugs, and more
    The following items were taken from police reports: A 26-year-old Orland Hills man was charged with DUI, reckless driving, improper lane use and operating an uninsured motor vehicle during a July 6 traffic stop near the intersection of Interstate 80 and...
  • Downers Grove man sentenced in bank fraud

    A Downers Grove man has been sentenced for defrauding Aurora-based Old Second National Bank out of more than $340,000 through his now-defunct Urban Motors Corp. car dealership. U.S. District Judge John Tharp gave Tariq Khan, 38, five years of...
  • Big business finally learns that wellness is good business

    2014 has been the year when the discussion of well-being has migrated from health and wellness magazines to business magazines. Wellness, and how to integrate it into our work lives, has become the hottest topic in the business pages. And that should...
  • For big U.S. banks, June's trading bonanza may not persist: executives

    NEW YORK (Reuters) - U.S. banks posted stronger-than-expected trading results in the second quarter due to surprisingly active markets in June, but bank executives stopped short of saying the good times would continue. Analysts expected banks' bond...