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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
  • Insight: How aggressive lending came back to bite South African bank Abil

    JOHANNESBURG (Reuters) - Unemployed South African construction worker Daniel isn't sure how he fell so deeply in debt. All he knows is that African Bank Investments , which was bailed out this month, kept offering him money and he kept taking. "I can't...
  • Ballmer's sole role at Microsoft now is investor

    By stepping down from Microsoft's board of directors Tuesday, Steve Ballmer shed the last of his management ties to the company, ending one of the most lucrative but ultimately mixed leadership runs in corporate America. Ballmer sent a letter Tuesday...
  • Massive fraud plus lavish lifestyle equals 30 years

    Massive fraud plus lavish lifestyle equals 30 years
    Darryl Burke spent the past 25 years ripping off millions of dollars, hiding from the feds and, when authorities did catch up to him, bouncing in and out of prison. He defied the system. He hid behind aliases. He lived it up at a South Florida...
  • Top 5 Orlando industries now hiring

    Top 5 Orlando industries now hiring
    As summer turns into fall, that familiar “back-to-school” feeling affects adults as well as children. Just as kids get serious about schoolwork after months of play, many grownups feel it’s time to focus on their current career path....
  • Column: Can central bankers succeed in getting global economy back on track?

    (Reuters) - Why is the world economy still so weak and can anything more be done to accelerate growth? Six years after the near-collapse of the global financial system and more than five years into one of the strongest bull markets in history, the...
  • 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...
  • 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...
  • 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...
  • Bank of America could get tax break on part of $16 billion mortgage settlement

    As Bank of America prepares for a possible multibillion-dollar settlement with the government, the deal is expected to share a feature common to similar settlements with other banks a big portion that's tax-deductible as a business expense. The...
  • U.S. investors switch out of Europe as recovery bet sours

    LONDON (Reuters) - U.S. investors are withdrawing billions of dollars from European stocks as signs of a stalled economic recovery, compounded by the Ukraine crisis, halt the past year's scramble to buy back into the region. The switch out of Europe into...