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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...
  • 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...
  • Litigation costs hit Bank of America's quarterly profit

    Litigation costs hit Bank of America's quarterly profit
    (Reuters) - Bank of America Corp said second-quarter profit fell 43 percent, a bigger decline than analysts had expected, after the bank posted $4 billion of litigation expenses linked to mortgage disputes following the financial crisis. The expenses...
  • UBS cements lead as largest private bank, assets near $2 trillion: study

    ZURICH (Reuters) - UBS cemented its lead over U.S. brokerage Bank of America Corp as the world's largest private bank and is within striking distance of managing $2 trillion on behalf of the wealthy, according to a study on Thursday. The study by London-...
  • Merrill Lynch Wealth profit strained by expenses

    NEW YORK (Reuters) - Bank of America's continuing investment in its Merrill Lynch wealth management business caused expenses in its global wealth sector to grow more quickly than revenue in the second quarter, the company said on Wednesday. The...
  • Bookkeeper charged with bilking ex-employer

    Bookkeeper charged with bilking ex-employer
    A former employee of a Palm Beach County-based marble firm swindled over $340,000 from company accounts, according to a grand jury indictment filed in West Palm Beach federal court. As the bookkeeper for Palm Beach Marble Imports, Darlene Powell...
  • Baldwin home has all the amenities

    Baldwin home has all the amenities
    A contemporary, villa-style home made of brick and cedar siding, found at 4205 Sweet Air Road in Baldwin, is for sale for $675,000. Resting on nearly 1.5 acres, the property is a golfer's dream with a professionally designed five-hole putting green that...
  • BofA ofrece 13.000 mln dlr para arreglar investigación por hipotecas: reporte

    (Reuters) - Bank of America Corp ofreció 13.000 millones de dólares para arreglar extrajudicialmente una investigación sobre valores hipotecarios vendidos por el banco, informó el Wall Street Journal citando a personas familiarizadas con el caso. El...
  • Brown Cabinet picks headed to a vote

    Northampton County Council's Democrats on Wednesday chided Executive John Brown for limiting their opportunity to vet his trio of Cabinet nominees. Nonetheless, the latest batch of nominees seems poised for approval at Thursday's County Council meeting,...
  • Are Swiss trading houses turning into banks? Not quite

    LONDON (Reuters) - The world's top trading houses appear to be quickly turning into commodity finance banks, by lending billions of dollars to clients as a decades-long dominance of French banks shrinks. The fast growing trend has made big headlines in...
  • Fed seen likely to raise rates in 2nd quarter of 2015: Reuters poll

    WASHINGTON (Reuters) - Rising inflation pressures could push the U.S. Federal Reserve to raise interest rates as early as the second quarter of next year, according to a Reuters poll of analysts. America's jobless rate sank to almost a six-year low in...