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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
  • 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...
  • Murdoch is pouncing on Time Warner while rivals are distracted

    NEW YORK (Reuters) - Rupert Murdoch looks to have been canny in his $80 billion takeover approach to Time Warner Inc, cornering the media giant at a time when potential "white knight" bidders are busy absorbing their own large deals. The absence of...
  • 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....
  • 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...
  • Wind Gap man admits draining elderly aunt's accounts

    Michael Dovyak looted his elderly aunt's bank accounts to feed his gambling addiction, the Wind Gap man told a Northampton County judge Thursday. Dovyak, 54, pleaded guilty before Judge Stephen J. Baratta to a single charge of theft, a felony that will...
  • 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 Three days after Bank of America approved a $40,000 line of credit, the bank rescinded it.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...
  • 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...
  • 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...
  • 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...