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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
  • REVIEW: Aloft Circus Arts 'Dinner of Our Discontent' ★★½

     REVIEW: Aloft Circus Arts 'Dinner of Our Discontent' ★★½
    "Discontented" doesn't begin to describe the fraught relationships and violent discord of the family in Aloft Circus Arts' restaging of a 2008 show. Despite — or perhaps because of — being tailored to the talents of its entirely new cast, this...
  • Orlando investment bank censured, fined

    Orlando investment bank censured, fined
    An investment bank based in downtown Orlando has been censured and fined for distributing misleading information about a high-risk investment, according to recent discipline actions from Financial Industry Regulatory Authority. Michael Maurice Ward...
  • BofA agrees to pay $17-billion penalty over mortgage meltdown

    BofA agrees to pay $17-billion penalty over mortgage meltdown
    Bank of America Corp. has agreed to fork over nearly $17 billion to settle government claims over toxic mortgage securities that helped trigger the Great Recession, according to people close to the negotiations with the Justice Department. The agreement...
  • BofA reportedly in $17-billion settlement over toxic loan securities

    BofA reportedly in $17-billion settlement over toxic loan securities
    Bank of America Corp. has agreed to fork over nearly $17 billion to settle government claims over toxic mortgage securities that helped trigger the Great Recession, according to people close to the negotiations with the Justice Department. The agreement...
  • Nearly 20% of home equity loans face higher default risk, report says

    Nearly 20% of home equity loans face higher default risk, report says
    As much as $79 billion in home equity lines of credit are at heightened risk for default in coming years as Americans face a day of reckoning on their boom-era second mortgages, a new study found. Many home owners who took out so-called HELOCs during...
  • Tesla X to devour premium SUV market: Morgan Stanley report

    Tesla X to devour premium SUV market: Morgan Stanley report
    Tesla's Model X crossover electric car is going to outsell the company's Model S sedan, and is "ready to feast" upon an unsuspecting premium SUV marketplace, says the financial firm Morgan Stanley. A report this week stated that the much-anticipated,...
  • C&F Bank names two new Peninsula managers

    C&F Bank named Susan Burns as manager of the Kiln Creek office and Eric Floyd as the branch manager in Hampton Burns will be focusing on growing business banking relationships to include lending and a full array of deposit solutions, according to a news...
  • Banker who used fake bomb to rob branch charged with faking PTSD claim

    Banker who used fake bomb to rob branch charged with faking PTSD claim
    A former Bank of America employee who, in an elaborate scheme, helped to rob her own branch by showing up to work with a fake bomb strapped to her body has been charged with filing a fraudulent workers' compensation claim stemming from the incident. Two...
  • Home equity line defaults are likely to rise

    Home equity line defaults are likely to rise
    A wave of potential defaults on home equity lines of credit could start arriving in the next few years as Americans face a day of reckoning on their boom-era borrowing. Many homeowners who took out home equity lines, essentially second mortgages, during...
  • Panthers really counting on Cam Newton now

     Panthers really counting on Cam Newton now
    SPARTANBURG, S.C. — The Panthers were thin at wide receiver last season when they ripped off a midseason eight-game winning streak to march to an NFC South Division crown, earning a contract extension for coach Ron Rivera along the way. When...
  • Do top-flight, foreign airlines get unfair lift in U.S.?

     Do top-flight, foreign airlines get unfair lift in U.S.?
    The world's highest-rated overseas airlines have entered the Chicago market in recent years, including one last week, highlighting economic opportunity for Chicago but also fueling controversy about whether foreign carriers have an unfair advantage over...