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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
  • Bank of America to pay $772 million for illegal credit card practices

    Bank of America to pay $772 million for illegal credit card practices
    WASHINGTON -- Bank of America Corp. has agreed to refund customers $727 million and pay $45 million in fines for illegal credit card practices, according to a settlement with federal regulators announced Wednesday. The refunds will go to as many as 2....
  • 'Oh God.' Longtime city worker accused of stealing $750,000

    'Oh God.' Longtime city worker accused of stealing $750,000
    A low-level clerk in City Hall embezzled almost $750,000 in permit fees over five and a half years without raising any alarms by depositing hundreds of checks payable to the city in business and personal bank accounts she controlled, federal prosecutors...
  • Regulators order sale or merger of NBRS Financial Bank

    Regulators order sale or merger of NBRS Financial Bank
    NBRS Financial Bank, an independent community bank serving Cecil and Harford counties, has been given 60 days to sell itself or combine with another bank and increase equity by selling shares, federal regulators said. The bank was found to have been...
  • Ex-Banker Turns to Famous Friends to Make Social-Justice Films

    Thomas Morgan's career path began to change the day he went to his daughter's school presentation. His transformation solidified the day he met actress Susan Sarandon. Morgan, an investment banker, became involved after the event as his daughter and a...
  • Executive Profile: Victor F. Ciardelli III

     Executive Profile: Victor F. Ciardelli III
    The billboard seen by thousands of motorists on the Stevenson Expressway speaks volumes about Victor F. Ciardelli III's ambition as founder, president and CEO of Guaranteed Rate Inc. It doesn't advertise mortgage rates, although company billboards...
  • 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...
  • 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...