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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
  • Greek banks can handle capital needs in ECB test: rescue fund CEO

    ATHENS (Reuters) - Any capital shortfalls that the European Central Bank finds this fall at Greece's four big banks will be manageable, the head of the country's bank bailout fund told Sunday's Kathimerini newspaper in an interview. The ECB is...
  • 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...
  • 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....
  • 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...
  • 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...
  • Sterling Bay retools old buildings, reshapes neighborhoods

    Sterling Bay retools old buildings, reshapes neighborhoods
    The future of Oprah's studio. The arrival of Google in the West Loop. And the potential to transform the old Main Post Office, a ruin so monumental it straddles an expressway. Each turnaround could improve a neighborhood. Combined, they could remake a...
  • 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...
  • 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...
  • 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...