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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 56-66
  • Ellen DeGeneres sells trophy home to tech billionaire Sean Parker

    Ellen DeGeneres sells trophy home to tech billionaire Sean Parker
    Ellen DeGeneres has sold the A. Quincy Jones-designed Brody House on Los Angeles' Westside to Napster co-founder Sean Parker for $55 million in an off-market deal. Built in 1950 for real estate developer Sidney Brody and his wife, modernist art...
  • 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...
  • 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...
  • 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...
  • 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...
  • Wells Fargo profit increases 3.8% as home lending regains traction

    With solid quarterly results, Wells Fargo & Co. showed why it has become a darling of banking investors, but it also raised a crucial question: How can the San Francisco financial giant continue its hot stock performance at a time when economic growth...
  • Bank awards grants to local groups

    The Bank of America Charitable Foundation recently awarded grants to four area nonprofits, according to a Bank of America news release. The Girls Inc. of Orange County chapter and Working Wardrobes, both of Costa Mesa, each received $10,000. The...
  • Jim O'Neill: Calm in financial markets rests on faith in the Fed

    Talk about a summer lull. I worked in finance for the best part of 30 years, and I can't remember a period quite like this. Such a peculiar calm presents certain challenges. I'm almost glad not to be more actively involved. To begin with, coping with the...
  • PASSINGS: Simin Behbahani, George Hansen, Hashim Khan, Fernand St Germain

    PASSINGS: Simin Behbahani, George Hansen, Hashim Khan, Fernand St Germain
     Simin Behbahani Acclaimed poet known as 'lioness of Iran' Simin Behbahani, 87, a famed Iranian poet who wrote of the joys of love, demanded equal rights for women and spoke out about the challenges facing those living in her homeland, died Tuesday in...
  • Hires and promotions at Lehigh Valley businesses

    JOHN ARRINGTON has been selected as the executive vice president and Nittany Region president of National Penn Bancshares Inc. He will serve on different operating committees and is responsible for executive management in Centre County, such as...
  • Bank of America to pay record $16.65 billion to settle mortgage claims

    Bank of America to pay record $16.65 billion to settle mortgage claims
    Bank of America Corp. has agreed to pay $16.65 billion to end federal and state investigations into the sale of toxic mortgage securities during the subprime housing boom, the largest settlement by a single company in U.S. history, the Justice...