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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
  • GM, Comcast hearings struggle selling stories

     GM, Comcast hearings struggle selling stories
    It is not uncommon for someone to sell a bill of goods when appearing before a Senate or House panel. What's rare for a hearing on Capitol Hill is for an elected official to actually solicit goods. "Somebody can sell me a product at this hearing,...
  • British investors demand banks stick to lockups on share sales

    LONDON (Reuters) - British investors have called upon investment banks to stick closer to lock-up agreements on sales of company shares after a major transaction, saying it would ensure more stable markets. The Association of British Insurers (ABI) -...
  • Ex-Banker Turns to Famous Friends to Make Social-Justice Films

    Thomas Morgan's career path began to change the day he went to his daughter's school presentation. His transformation solidified the day he met actress Susan Sarandon. Morgan, an investment banker, became involved after the event as his daughter and a...
  • Highly-leveraged U.S. loans continue unabated

    NEW YORK (Reuters) - Banks keep underwriting highly leveraged loans for low-rated companies that are drawing U.S. regulators' attention, Thomson Reuters LPC data show, despite a looming review by the federal agencies that are trying to clamp down on these...
  • U.S. charges nine in international hacking conspiracy; two extradited from UK

    WASHINGTON (Reuters) - Nine people have been charged in an alleged international conspiracy that used malicious software to gather bank account details and use the information to steal millions of dollars, including from accounts held at a Nebraska bank,...
  • Pennsylvania bank submits highest bid for 1st Mariner

    Pennsylvania bank submits highest bid for 1st Mariner
    A regional Pennsylvania bank submitted the highest bid at the auction for Baltimore's 1st Mariner Bank in a deal that must still be approved by a federal bankruptcy court judge and banking regulators. National Penn Bank offered $19.1 million for 1st...
  • GE Capital seen ripe for more slimming after credit card IPO

    (Reuters) - As General Electric Co starts spinning off its consumer credit card business, some on Wall Street are hoping that the U.S. industrial conglomerate will eventually slim down its GE Capital finance unit even further. Commercial real estate,...
  • Investing: small banks, big dividends

    Kiplinger's Personal Finance Not all banks have been dividend duds since the Great Recession, when many firms slashed payouts to pennies per share. A recent report by SNL Financial, a financial-services research firm, found that 20 banks had lifted their...
  • Goldman dodges a shareholder battle that dogs rivals

    NEW YORK (Reuters) - When Goldman Sachs Group Inc filed its shareholder proxy earlier this month, it was free of a proposal that has become increasingly popular among corporate governance activists: a demand for more disclosure about lobbying. Goldman'...
  • JPMorgan on profit drop: Be relieved we aren't taking big risks

    (Reuters) - JPMorgan Chase & Co executives had a clear message for shareholders after reporting declining first-quarter earnings: don't worry, be happy that the bank isn't chasing short-term gains by making irrational lending decisions. The first quarter...
  • Executive Profile: Victor F. Ciardelli III

     Executive Profile: Victor F. Ciardelli III
    The billboard seen by thousands of motorists on the Stevenson Expressway speaks volumes about Victor F. Ciardelli III's ambition as founder, president and CEO of Guaranteed Rate Inc. It doesn't advertise mortgage rates, although company billboards...