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Banking

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Top Banking Articles

Displaying items 67-77
  • Mum's the word on soaring Swedish household debt as poll nears

    STOCKHOLM (Reuters) - Johan and Alejandra are the kind of Swedes the IMF has been warning about - piling up debt to keep up with an ever-rising property market and fund a lifestyle of travel, maids and nights out. The couple plan to buy a flat in...
  • Top L.A. Unified officials worked with Apple/Pearson before iPad deal

    Top L.A. Unified officials worked with Apple/Pearson before iPad deal
    Senior Los Angeles school district officials, including Supt. John Deasy, had a close working relationship with Apple and Pearson executives before these companies won the key contract for a $1-billion effort to provide computers to every student in the...
  • McDonnell trial: Researchers wary of McDonnell's Anatabloc ties

    McDonnell trial: Researchers wary of McDonnell's Anatabloc ties
    University of Virginia researchers were uncomfortable about the governor’s apparent support for Anatabloc, a supplement they considered studying at its maker’s behest, a key university official testified Monday during the federal corruption...
  • When a budget deficit hawk gets into debt

    When a budget deficit hawk gets into debt
    Gov. Bob McDonnell was blunt: The nation's debt, he told a radio audience back in 2010, was so large that it was "immoral and unsustainable." That year, the federal government's debt stood at $13.6 trillion, roughly six times its total annual income....
  • McDonnell trial: Another brutal courtroom day for Maureen McDonnell

    McDonnell trial: Another brutal courtroom day for Maureen McDonnell
    RICHMOND — Former first lady Maureen McDonnell was a woman on the warpath some days at the governor's mansion, a close assistant testified Tuesday in Bob and Maureen McDonnell’s continuing trial on federal corruption charges. At one point, a...
  • The Mortgage Professor: The CFPB is now a consumer complaint clearinghouse: Will that help consumers?

    Markets for financial services often don't work well for consumers. The trial and error technique that consumers rely on in navigating many markets, such as food and clothing markets, does not work well when transactions are large and infrequent....
  • Amistad America Put Into Receivership

    Amistad America Put Into Receivership
    An independent receiver was appointed Thursday to take command of Amistad America Inc., the troubled nonprofit group widely criticized for its management of the replica slave ship that it has controlled since the ship's launch 14 years ago. Attorney...
  • Ruling good for community associations: My Word

    With a recent ruling by Florida's Fifth District Court of Appeal, community associations scored a victory that will provide them with financial relief during the fragile real-estate recovery. It marks a turning point in community associations' ongoing...
  • 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...
  • 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...
  • Goldman Sachs, U.S. agency in mortgage settlement worth $1.2 billion

    (Reuters) - Goldman Sachs Group Inc has agreed to a settlement worth $1.2 billion to resolve a U.S. regulator's claims the bank sold Fannie Mae and Freddie Mac faulty mortgage bonds, the regulator announced Friday. Under the settlement with the Federal...