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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 78-88
  • Uncertain future for Allentown's Americus Center

    The future of the historic Americus Center remains very much in doubt after its owner Wednesday abruptly stopped an arena authority hearing on an extension to start work on his $13.2 million project. Moments before the Allentown Neighborhood...
  • China June consumer inflation cools, more stimulus expected

    BEIJING (Reuters) - China's consumer inflation cooled slightly more than expected in June, pointing to lingering weakness in the economy which could prompt Beijing to launch further stimulus measures to shore up growth. The consumer price index (CPI)...
  • Only 1 U.S. bank among world's top 10

    Only 1 U.S. bank among world's top 10
    A list of the world’s 100 largest banks is out, and the United States has only one representative in the top 10. Topping the list is Industrial & Commercial Bank of China Ltd., with $3.174 trillion in assets, according to numbers released...
  • World Bank welcomes China-led infrastructure bank

    BEIJING (Reuters) - World Bank Group President Jim Yong Kim on Tuesday welcomed a new multilateral infrastructure bank proposed by China, saying there was a "massive need" for new investment in this area. China, which aired the idea of creating the Asian...
  • Riding on Modinomics hopes, India's indebted companies rush to lock in funds

    MUMBAI (Reuters) - Several private Indian firms want to pay off debts by raising up to $5 billion this year through share sales, emboldened by a surge in the stock market and an anticipated economic recovery after Narendra Modi was elected as prime...
  • When your aging parents need a daily money manager

    NEW YORK (Reuters) - Martha Nurenberg knew her 86-year-old father, Paul, had a problem when he was almost taken in by a letter promising untold riches if he provided a bank account number and payment of legal fees for a money transfer. Though Paul...
  • ABC's 'Modern Family' house in L.A. sells for $2.15 million

    ABC's 'Modern Family' house in L.A. sells for $2.15 million
    There’s a new “Modern Family” in Cheviot Hills, sort of. The Los Angeles home used as the fictional family residence of Phil and Claire Dunphy on ABC’s “Modern Family” has sold for $2.15 million. The two-story...
  • China growth data to show stimulus kicking in but more support may be needed

    BEIJING (Reuters) - China's economy probably will grow at its slowest pace in 24 years this year, expanding by 7.4 percent, as government stimulus measures fail to fully offset the drag from a sluggish housing market, a Reuters poll showed. Growth in the...
  • Cashing in gift cards? Sock it to me!

    Looking to scrounge up some extra cash for a summer vacation? Look no further than your sock drawer. I'm not talking about the loose change that falls behind your dresser drawers, or even selling off your accumulated argyles on eBay. I'm talking about...
  • Why interest rates may stay very low for a lot longer

    Since the financial crash of 2008, one of the biggest guessing games in the U.S. economy and markets has centered on interest rates — and when they would finally rise from the historic lows that followed the Great Recession. But year after year,...
  • The Week Ahead: The clock is ticking on zero interest

    Who should investors listen to: bankers or the bankers' banker? Both will compete for the market's attention in the week ahead. A half dozen of America's biggest commercial banks such as JP Morgan and Bank of America are due to update their...