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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 89-99
  • Ballmer's sole role at Microsoft now is investor

    By stepping down from Microsoft's board of directors Tuesday, Steve Ballmer shed the last of his management ties to the company, ending one of the most lucrative but ultimately mixed leadership runs in corporate America. Ballmer sent a letter Tuesday...
  • 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...
  • Ecclestone trial halted after F1 boss agrees to $100 million settlement

    MUNICH Germany (Reuters) - A German court on Tuesday halted a bribery trial against Bernie Ecclestone in exchange for his paying a $100 million (74.70 million pounds) fee, under the terms of a settlement agreed by prosecutors and the chief executive of...
  • McDonnells -- and politics -- about to stand trial

    McDonnells -- and politics -- about to stand trial
    RICHMOND — Bob and Maureen McDonnell start the trial Monday that will dictate the rest of their lives. Also on trial: Unsavory cash-fueled elements of politics, and Virginia's particular tradition of donor generosity toward the state's political...
  • Ending bank tricks would be music to my ears

    There's no shortage of dumb laws on the books in this country -- you can't, for example, delay or detain a homing pigeon in New Jersey or give a dog whiskey in Chicago. But what really astounds me is all the lousy things that remain legal. Sure, on any...
  • READER SUBMITTED: Thomaston Savings Bank Supports The Boys And Girls Clubs

    Thomaston Savings Bank has continuously supported the Boys and Girls Clubs of America within the communities it serves through grants, donations, and employee volunteer efforts. The Bank is proud to support an organization which positively impacts so...
  • READER SUBMITTED: Thomaston Savings Bank Foundation Supports Hispanic Coalition Of Greater Waterbury

    The Hispanic Coalition of Greater Waterbury has been serving our community since 1988 and continues to dedicate time to the advancement of the Hispanic community through social services, educational programs, and advocacy. The Coalition received a $1,...
  • Overdraft fees risky for consumers, bonanza for U.S. banks: report

    WASHINGTON (Reuters) - Consumers who opt in for bank overdraft protection end up paying more than double for small purchases, a U.S. consumer watchdog warned on Thursday, giving banks a fee bonanza when checking accounts are short of funds. A study by...
  • Ford expected to plead guilty to misdemeanor tax charge

    Ford expected to plead guilty to misdemeanor tax charge
    LaShawn Ford, a state representative charged in 2012 with federal bank fraud charges, is scheduled to plead guilty this morning to a misdemeanor tax count, not felony bank fraud charges on which he was initially indicted, according to a source. The U.S....
  • BofA said to agree to pay up to $17 billion in settlement

    Bank of America has agreed in principle to pay between $16 billion and $17 billion to settle with the U.S. Justice Department over the sale of faulty mortgage bonds, a person familiar with the talks said Wednesday. The news came the same day the bank...
  • Former BofA short-sales employee gets prison term for taking bribes

    Former BofA short-sales employee gets prison term for taking bribes
    A former Bank of America mortgage employee was sentenced to 30 months in prison for pocketing $1.2 million in payoffs to approve sales of distressed properties for far less than their actual value. Kevin Lauricella, 29, who had worked for BofA in Simi...