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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
  • Convicted Allfirst trader seeks redemption hiring others

    Convicted Allfirst trader seeks redemption hiring others
    John M. Rusnak was preparing to open a ZIPS dry cleaning business in Pasadena when a job seeker walked in from a nearby drug recovery house. The applicant had little experience, was recovering from a heroin addiction and had a misdemeanor charge on his...
  • 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...
  • Baltimore's titans of banking have fallen to out-of-state competitors

    Baltimore's titans of banking have fallen to out-of-state competitors
    In recent years, Maryland has seen many local banks acquired by out-of-state rivals. A little over a decade ago, the state had 139 banks based here, with 20 of them separately chartered affiliates of Mercantile-Safe Deposit & Trust Co., according to the...
  • Jury takes 3 hours to convict Northbrook money manager of fraud

    Jury takes 3 hours to convict Northbrook money manager of fraud
    The onetime head of a well-connected Northbrook money management firm lowered his head and stared at the floor as he was convicted Tuesday on all counts for bilking clients of more than $500 million in what prosecutors believe was the largest fraud case...
  • Banks profit from fees paid by California welfare recipients

    SACRAMENTO — Millions of dollars in welfare benefits are ending up in banks' pockets each year when poor Californians access their taxpayer-funded benefits, according to state statistics and a report released Tuesday. Like many other states,...
  • Mexique's Carlos Gaytan on life after 'Top Chef'

    Mexique's Carlos Gaytan on life after 'Top Chef'
    A miracle is a coincidence you know can't be a coincidence. How else could Carlos Gaytan explain what happened 17 months ago — with his West Town restaurant Mexique spiraling into debt, he and his wife, Iliamar, decided it could no longer go on....
  • Bank of America settles with Fannie and Freddie for $9.5 billion

    Putting to rest one of its biggest remaining headaches, Bank of America Corp. has agreed to pay $9.5 billion to settle claims by Fannie Mae and Freddie Mac.  The government-sponsored mortgage giants had demanded compensation from the Charlotte, N.C.,...
  • BofA to pay $9.5 billion to settle Fannie Mae, Freddie Mac claims

    Putting to rest one of its biggest remaining headaches, Bank of America Corp. has agreed to pay $9.5 billion to settle claims by Fannie Mae and Freddie Mac. The government-sponsored mortgage finance giants had demanded compensation from the Charlotte,...
  • Ex-Orlando area banker sentenced for mortgage fraud

    Ex-Orlando area banker sentenced for mortgage fraud
    A former Orlando area banker was sentenced Monday to 3 1/2 years in federal prison on charges of bank fraud tied to a bogus mortgage scheme. Braden Koegel, 35, of Apopka was arrested last October and charged in an alleged scheme that used fabricated...
  • Free admission to American Visionary Art Museum for Bank of America cardholders

    Free admission to American Visionary Art Museum for Bank of America cardholders
    Your Bank of America credit card will get you free admission this weekend to the  American Visionary Art Museum. It's part of the bank's Museums on Us program, which offers free weekend access to a range of museums on the first full weekend of each...
  • End of life considerations | YourTime Things everyone should do

    End of life considerations <span style=color:#ff0000><b>| YourTime</b></span> Things everyone should do
    THERE OUGHT TO BE A MANUAL FOR THIS STUFF While having brunch with a friend whose husband is dying, she said “There ought to be a manual for this stuff”. She was talking about all the things that fall on your shoulders when you are the...