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Banking

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Top Banking Articles

Displaying items 34-44
  • Heidi Klum makes short work of selling her Brentwood mansion

     Heidi Klum makes short work of selling her Brentwood mansion
    Heidi Klum is statuesque, but she isn't one to stand still for long. The supermodel and television producer sold her gated Brentwood estate for $24 million in an all-cash deal that closed in 29 days. The Italian-style mansion was built in 1999, more...
  • New Indian leader Modi raises issue of rape on Independence Day

    India’s new leader marked his first Independence Day in power Friday with a strongly worded speech urging the nation to confront the issue of rape following a series of highly publicized assaults. “When we hear about incidents of rape, our...
  • Speed is of the essence in IPO roadshow tour scramble

    LONDON (Reuters) - Going on the road isn't what it used to be for investment bankers hawking shares in companies seeking a stock market listing. Gone are the days of the private jet and the two-week carousel of five-star hotels in Europe and the United...
  • Neighborhood work program gets $5,000 grant

    A nonprofit group in the Oak View community of Huntington Beach received a $5,000 grant from the Bank of America Charitable Foundation to assist its efforts to help residents find employment. The Oak View Renewal Partnership will use the money to fund...
  • Putin's Ukraine gamble hastens exodus of Russian money and talent

    LONDON (Reuters) - The Kremlin's worst clash with the West since the 1991 collapse of the Soviet Union has accelerated the outflow of two of Russia's most prized assets: money and brains. Vladimir Putin's annexation of Crimea and support for rebels...
  • When a budget deficit hawk gets into debt

    When a budget deficit hawk gets into debt
    Gov. Bob McDonnell was blunt: The nation's debt, he told a radio audience back in 2010, was so large that it was "immoral and unsustainable." That year, the federal government's debt stood at $13.6 trillion, roughly six times its total annual income....
  • Russian accused of hacking detained by U.S.

    SEATTLE (Reuters) - A Russian accused of hacking U.S. retailers' computer systems to steal credit card data has been ordered by a Washington State judge to be held pending his trial in October, citing risks that he could flee the country, prosecutors...
  • Fed's Kocherlakota: a 'mistake' to raise rates too soon

    BRAINERD Minn. (Reuters) - The Federal Reserve should not make the mistake of exiting from its super-easy monetary policy too soon, a top Fed official said on Friday, warning of the risk of a downward drift in inflation that could choke the U.S. recovery....
  • U.S. Bank hires adviser from JPMorgan Private Bank

    (Reuters) - Wealth manager U.S. Bank, a unit of U.S. Bancorp, hired Timothy Langbein from JPMorgan Private Bank as a senior private banker for its private client reserve in New York. Langbein will focus on personal and business lending, and deposit...
  • Orlando investment bank censured, fined

    Orlando investment bank censured, fined
    An investment bank based in downtown Orlando has been censured and fined for distributing misleading information about a high-risk investment, according to recent discipline actions from Financial Industry Regulatory Authority. Michael Maurice Ward...
  • Banker who used fake bomb to rob branch charged with faking PTSD claim

    Banker who used fake bomb to rob branch charged with faking PTSD claim
    A former Bank of America employee who, in an elaborate scheme, helped to rob her own branch by showing up to work with a fake bomb strapped to her body has been charged with filing a fraudulent workers' compensation claim stemming from the incident. Two...