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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 could get tax break on part of $16 billion mortgage settlement

    As Bank of America prepares for a possible multibillion-dollar settlement with the government, the deal is expected to share a feature common to similar settlements with other banks a big portion that's tax-deductible as a business expense. The...
  • U.S. investors switch out of Europe as recovery bet sours

    LONDON (Reuters) - U.S. investors are withdrawing billions of dollars from European stocks as signs of a stalled economic recovery, compounded by the Ukraine crisis, halt the past year's scramble to buy back into the region. The switch out of Europe into...
  • Exclusive: Bombardier, Hitachi lead bids for Finmeccanica's rail units - sources

    Exclusive: Bombardier, Hitachi lead bids for Finmeccanica's rail units - sources
    LONDON/MILAN (Reuters) - Canadian plane and train maker Bombardier and Japanese industrial giant Hitachi are the two frontrunners to buy Finmeccanica's rail subsidiaries, several sources close to the auction process said. Italy's Finmeccanica has been...
  • Neighborhood work program gets $5,000 grant

    A nonprofit group in the Oak View community of Huntington Beach received a $5,000 grant from the Bank of America Charitable Foundation to assist its efforts to help residents find employment. The Oak View Renewal Partnership will use the money to fund...
  • Exclusive: UK nears decision on whether to charge ex-Barclays bankers over Qatar - sources

    LONDON (Reuters) - Britain's fraud prosecutor could decide as soon as next month whether to charge former Barclays executives over undisclosed payments the bank made to Qatari investors in 2008, three sources familiar with the investigation said. In a...
  • Historic Pasadena hotel gets $60-million makeover

    Historic Pasadena hotel gets $60-million makeover
    A historic hotel in downtown Pasadena that served as sedate senior housing for decades is about to make a splashy comeback. The $60-million makeover of Hotel Constance reflects Pasadena's rising profile as an international travel destination. As part of...
  • Ex-Tamarac association president stole more than $180,000, authorities say

    Ex-Tamarac association president stole more than $180,000, authorities say
    A former homeowners association president is accused of embezzling more than $180,000 from her Tamarac community, authorities said. Michelle Changar-Coe, who was arrested Friday, forged dozens of checks totaling $181,441.85 that she deposited into her...
  • Deputies: Felon, sex offender robbed bank

    Deputies: Felon, sex offender robbed bank
    A convicted felon and registered sex offender was arrested Friday after allegedly robbing a bank in Poinciana, according to the Osceola County Sheriff's Office. Kenneth Jacques Merlin, 40, was charged with robbery and grand theft. The robbery occurred...
  • Modi promises access to banking for India's poor

    NEW DELHI (Reuters) - Prime Minister Narendra Modi promised on Friday greater access to financial services for nearly 500 million Indians who do not have a bank account, many of whom are now at the mercy of money lenders who charge extortionate interest....
  • Smaller banks see regulatory relief after U.S. elections

    WASHINGTON (Reuters) - All but the biggest U.S. banks could see relief from some financial reforms after the November elections even if control of the U.S. Congress remains divided between Democrats and Republicans.     Post-election committee leadership...
  • Regulators pushing banks to rid casinos of money-laundering

    NEW YORK (Reuters) - Large global banks are facing increased pressure from U.S. regulators to clamp down on casino money-laundering as the government pushes the industry to police not only its own transactions but customers' as well.     Bankers,...