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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
  • 'Scottish aristocrat' pleads guilty in welfare fraud case

    A self-described "Scottish aristocrat" accused of collecting government benefits while living on a million-dollar yacht in South Florida has been sentenced to a year behind bars and ordered to pay the money back after pleading guilty in a welfare fraud...
  • Should big banks be broken up?

    The idea that some banks are "too big to fail" became common in 1984 when Continental Illinois was on the brink of failure. The then-seventh-largest bank in the U.S., Continental Illinois had $40 billion in assets, but many of those assets were bad loans,...
  • Multa a Bank of America no le afectó y suben sus acciones

    Multa a Bank of America no le afectó y suben sus acciones
    WASHINGTON - La multa "histórica" a Bank of America por sus negocios con hipotecas basura antes de la crisis supera a las impuestas a Citigroup o JP Morgan, pero no parece haber impresionado a Wall Street, donde sus acciones subieron, ni a los grupos...
  • No: Make management accountable

    In 1985, some 3,500 savings-and-loan associations held nearly half of bank deposits in Florida. Today, more than 80 percent are held by 20 "big" banks. Is Florida better off? The answer is at the heart of the debate on whether big banks are too risky and...
  • 10 ways to save at South Florida attractions for July 4th weekend

    10 ways to save at South Florida attractions for July 4th weekend
    It's one big party for America's 238th birthday, and we've got three glorious days to celebrate the red, white and blue. Declare your independence from work over the long holiday weekend and act like a tourist with a day trip to a South Florida...
  • Ruling good for community associations: My Word

    With a recent ruling by Florida's Fifth District Court of Appeal, community associations scored a victory that will provide them with financial relief during the fragile real-estate recovery. It marks a turning point in community associations' ongoing...
  • Player, not pawn, Rothstein associate gets five years

    Player, not pawn, Rothstein associate gets five years
    She may have held an impressive title — chief financial officer at Scott Rothstein's law firm — but Irene Shannon's attorney described her as nothing but a pawn to South Florida's king of fraud. Friday, a federal judge disagreed. U.S....
  • Ex-Tamarac association president stole more than $180,000, authorities say

    Ex-Tamarac association president stole more than $180,000, authorities say
    A former homeowners association president is accused of embezzling more than $180,000 from her Tamarac community, authorities said. Michelle Changar-Coe, who was arrested Friday, forged dozens of checks totaling $181,441.85 that she deposited into her...
  • BofA ordered to pay $1.3 billion over Countrywide lending program

    Countrywide Financial hustled to make the loans. Bank of America, once again, is picking up the bill for the damages caused — the latest buffeting since the bank's disastrous acquisition of the Calabasas high-risk lender six years ago. A New...
  • Springfield Estate has 19th-century character for 21st-century living

    Springfield Estate has 19th-century character for 21st-century living
    It is not often that a piece of Maryland architectural history goes on the market, which is one of myriad reasons that the Springfield Estate (also known as Peerce's Plantation) in northern Baltimore County is such a treasure. At a selling price of $1....
  • U. of I. evolves as it adjusts to huge increase in international students

    U. of I. evolves as it adjusts to huge increase in international students
    Linda Fotzler bought the Armory House, a private dorm on the University of Illinois campus, in 1973, the year after she graduated. The students who lived there were predominantly men, and there was quite a bit of partying. Her current challenge is...