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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
  • County Judge candidates Terry Neal and Daniel Archer are a study in contrasts

    County Judge candidates Terry Neal and Daniel Archer are a study in contrasts
    Second of two parts. Choosing a county judge is a task that leaves most voters flailing in the dark, and the August election is going to require even more scrutiny than usual from voters because of behind-the-scenes maneuvering. A group of mostly...
  • China growth picks up as stimulus kicks in, more support may be needed

    BEIJING (Reuters) - China's economic growth picked up slightly in the second quarter as a burst of government stimulus paid dividends, but analysts said Beijing will likely need to offer more support to meet its annual growth target as the property market...
  • BofA pays AIG $650 million to settle mortgage disputes

    NEW YORK (Reuters) - Bank of America agreed to pay American International Group Inc $650 million to settle long-running legal disputes over defective mortgage-backed securities sold in the run-up to the financial crisis. The deal, which the parties...
  • BofA offers $13 billion to settle mortgage probe: WSJ

    (Reuters) - Bank of America Corp has offered $13 billion to settle a probe into mortgage securities sold by the bank, the Wall Street Journal reported, citing people familiar with the matter. The bank met U.S. Justice Department representatives on...
  • Stern Advice: I am woman (investor), hear me roar

    NEW YORK (Reuters) - Is there a target on the back of my dress? Because it feels like there is a target on the back of my dress. It was painted there by the financial services industry, which has grown hyper-aware of the fact that women have a lot of...
  • Costos por litigios golpean ganancia trimestral de Bank of America

    (Reuters) - Bank of America Corp dijo que sus ganancias del segundo trimestre cayeron un 43 por ciento, más de lo esperado por analistas, tras reportar costos por litigios de 4.000 millones de dólares vinculados a disputas hipotecarias surgidas tras la...
  • Legal costs sapped 2nd-quarter profit at Bank of America

    CHARLOTTE, N.C. Bank of America returned to profit in the second quarter, but earnings were down 43 percent from a year ago as legal costs continued to be a drag on earnings. Legal expenses, which have dogged the Charlotte bank since the financial...
  • Litigation costs hit Bank of America's quarterly profit

    Litigation costs hit Bank of America's quarterly profit
    (Reuters) - Bank of America Corp said second-quarter profit fell 43 percent, a bigger decline than analysts had expected, after the bank posted $4 billion of litigation expenses linked to mortgage disputes following the financial crisis. The expenses...
  • Chicago Theater Review: 'The Qualms' by Pulitzer Winner Bruce Norris

    Pulitzer-winning playwright-provocateur Bruce Norris ("Clybourne Park," "The Pain and the Itch") has proven himself an expert at depicting American middle class hypocrisy, exposing characters' true convictions as contradictory to the beliefs they would...
  • After Citigroup settlement, attention turns to Bank of America

    CHARLOTTE, N.C. Now that Citigroup has announced a $7 billion settlement with the government over mortgage bonds, attention shifts to a proposed resolution with Bank of America to end similar investigations. U.S. Attorney General Eric H. Holder Jr. has...
  • Anheuser-Busch InBev may be in the market for another beer blockbuster

    ST.LOUIS InBev's $52 billion purchase of Anheuser-Busch Cos., announced six years ago, remains the biggest deal in beer history. But there's another merger of brewers that could eclipse it. A number of industry analysts say they have reason to believe...