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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 34-44
  • Texas microlender steps up for entrepreneurs

    DALLAS Kimberly May credits microlender Accion Texas with rescuing her roofing business in 2007. Three days after Bank of America approved a $40,000 line of credit, the bank rescinded it. But by then, May had ordered materials for upcoming projects and...
  • Ty Warner lawyers call tax dodging sentence 'reasonable'

    Ty Warner lawyers call tax dodging sentence 'reasonable'
    Lawyers for convicted tax evader Ty Warner said his sentence of two years’ probation was reasonable, pointing out that the punishment of the Beanie Babies billionaire was consistent with more than half of the offshore banking cases that the...
  • L.A. pushes back in fight over DWP nonprofits

    L.A. pushes back in fight over DWP nonprofits
    As an annual deadline looms for Los Angeles to pay nearly $4 million to a controversial pair of Department of Water and Power affiliates, one city leader announced his refusal to sign the checks and another sued to have a court-appointed receiver take...
  • Morgan Stanley profit more than doubles, beating estimates

    Morgan Stanley profit more than doubles, beating estimates
    (Reuters) - Morgan Stanley's second-quarter income more than doubled, helped by rising revenue in its retail brokerage business as it won more assets to manage from clients, the investment bank said on Thursday. A onetime tax break and the ending of a...
  • U.S. Senate votes to extend terrorism insurance backstop

    WASHINGTON (Reuters) - The U.S. Senate voted overwhelmingly on Thursday to reauthorize a federal terrorism risk insurance program that was created after the Sept. 11, 2001, attacks. Senators voted 93-4 in favor of a bill that gives the federal...
  • Brewzzi files for Chapter 11 bankruptcy protection

    Brewzzi files for Chapter 11 bankruptcy  protection
    Brewzzi, the award-winning brewpubs in Boca Raton and West Palm Beach, has filed for Chapter 11 bankruptcy protection. Meanwhile, the pub in Boca remains open, and the West Palm location — forced to close for falling behind on rent — hopes...
  • Exclusive: SEC targets 10 firms in high frequency trading probe - SEC document

    NEW YORK (Reuters) - The U.S. Securities and Exchange Commission has been seeking information on 10 registered broker dealers as part of an ongoing investigation into high-frequency trading strategies, according to an internal SEC document reviewed by...
  • Former UCLA Bruins star J.J. Stokes sells Emerald Hills home

    Former UCLA Bruins star J.J. Stokes sells Emerald Hills home
    J.J. Stokes, the former UCLA Bruins wide receiver who played nearly a decade in the NFL, has hauled in a buyer for his home near Redwood City, selling the property for $185,000 more than his asking price of $1.725 — $1.91 million. The home,...
  • Texans plead guilty to stealing more than 50,000 pieces of mail

    AUSTIN Texas (Reuters) - Two Texans pleaded guilty to stealing more than 50,000 pieces of mail and then removing checks, credits cards and other items from letters that they turned into cash and merchandise, U.S. prosecutors said on Thursday. Charles...
  • Barclays launches Women in Leadership Index and ETNs

    (Reuters) - Investors who want to put money behind the idea that female leadership helps companies excel will have a new way to invest on Thursday when Barclays Bank PLC launches the Barclays Women in Leadership Total Return Index and exchange-traded...
  • Holder won't meet with Bank of America on home-loan settlement

    CHARLOTTE, N.C. U.S. Attorney General Eric Holder has refused to meet with Bank of America chief executive Brian Moynihan as the two sides continue to dispute terms of a potential multibillion-dollar settlement involving troubled home loans, a person...