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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
  • Can you flip a house for profit in this market?

    Can you flip a house for profit in this market?
    If flipping a house in today's real estate market seems riskier than trekking with a ragtag band of hobbits to Mordor, take heart: Home flippers can still find plenty of opportunities, though they're not entirely without risk. It may seem...
  • BofA's Montag becomes sole COO as co-COO relocates: Bloomberg

    (Reuters) - Thomas Montag will become Bank of America Corp's sole chief operating officer as co-COO David Darnell takes a new title after asking to relocate to Florida, Bloomberg reported. Darnell will serve as vice chairman and continue to oversee...
  • Flippers, landlords find new home-loan money

    Flippers, landlords find new home-loan money
    Orlando landlord Brian Lunsford needed $40,000 to renovate a house that a college student almost burned down, so he turned to an online crowdfunding site. Within two days, more than a dozen investors had each agreed to loan him an average of $2,800...
  • Lehman's London staff win $300 million pensions fight

    LONDON (Reuters) - More than 2,400 former Lehman Brothers bankers based in Britain will have their pensions paid in full after winning a six-year battle to receive their money from parts of the collapsed U.S. investment bank. The remains of the...
  • Brazil telecom battle heats up as Oi tries to buy, split TIM

    RIO DE JANEIRO/PARIS (Reuters) - Brazil's Grupo Oi SA unveiled plans on Wednesday to take over Telecom Italia's local mobile unit, in a move sources said was aimed at breaking up the country's second-biggest wireless carrier and upstaging merger bids by...
  • Man pleads guilty over 'Hot Lips' account used to evade U.S. taxes

    NEW YORK (Reuters) - A Florida man on Tuesday pleaded guilty in New York to criminal charges for concealing as much $1.1 million in offshore accounts, even after learning that U.S. authorities were cracking down on wealthy Americans evading taxes....
  • Brazil's Silva winning over investors in presidential race

    RIO DE JANEIRO (Reuters) - Investors are warming up to a possible victory by Marina Silva in Brazil's presidential election as the popular environmentalist emerges as their best shot at avoiding four more years of a government they strongly dislike....
  • 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...
  • Dow hires bank to sell Angus Chemical in Buffalo Grove

    Dow hires bank to sell Angus Chemical in Buffalo Grove
    Dow Chemical Co. has kicked off processes to sell two of its specialty chemicals subsidiaries that could fetch close to $2 billion combined, according to people familiar with the matter, part of its effort to divest several billion dollars worth of non-...
  • Grand Finale Summer Reading Fest celebrated at Mary Cheney Library

    The summer reading program came to an end in grand style with a festival at the Mary Cheney Library in Manchester. The library was buzzing on Aug. 26 with parents and kids for the Fizz Boom Read! party. Norma Nevers, assistant director of the library...
  • Stonegate acquires Community Bank of Broward

    Stonegate acquires Community Bank of Broward
    Expanding Stonegate Bank announced Monday that it will acquire another bank, Community Bank of Broward, the seventh such acquisition in five years. The Fort Lauderdale-based Stonegate said it signed a definitive agreement to take over all the operations...