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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 45-55
  • Bank of America earnings tumble 43% on mortgage litigation costs

    Bank of America Corp.'s second-quarter earnings plunged 43% as the nation's second-largest bank recorded 4 billion additional reasons to regret its 2008 purchase of high-risk home lender Countrywide Financial Corp. in Calabasas. Bank of America said...
  • 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...
  • 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,...
  • Northampton County Council approves Executive John Brown's Cabinet picks

    Northampton County Council confirmed three of Executive John Brown's Cabinet officials Thursday, leaving just one vacancy in his administration. A stream of colleagues, friends and even "friendly competitors" of the three men appeared before council to...
  • 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...
  • 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...
  • 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...
  • 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...
  • Sterling may have to sell $500M in real estate holdings

    LOS ANGELES — Donald Sterling may have to sell $500 million in real-estate holdings after he revoked a family trust to try to prevent his wife from selling the Los Angeles Clippers without his consent, an executive for Sterling said Monday. Darren...
  • Sterling CFO warns of 'severe consequences' if Clippers are not sold

    Sterling CFO warns of 'severe consequences' if Clippers are not sold
    Donald Sterling's move to dismantle a family trust in order to block the sale of the Clippers could cause three banks to call for repayment of $480 million in loans and force the billionaire to sell part of his apartment empire, his chief financial...
  • Bank of America won't take no for a permanent answer

     Bank of America won't take no for a permanent answer
    The letter Richard Knee received from Bank of America opened with a warning: "You may be missing out on valuable offers." "According to our records, you are not being mailed offers from Bank of America because you have opted out of postal mail marketing...