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Banking

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Top Banking Articles

Displaying items 89-99
  • No: Make management accountable

    In 1985, some 3,500 savings-and-loan associations held nearly half of bank deposits in Florida. Today, more than 80 percent are held by 20 "big" banks. Is Florida better off? The answer is at the heart of the debate on whether big banks are too risky and...
  • 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...
  • 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...
  • Column: Can central bankers succeed in getting global economy back on track?

    (Reuters) - Why is the world economy still so weak and can anything more be done to accelerate growth? Six years after the near-collapse of the global financial system and more than five years into one of the strongest bull markets in history, the...
  • Should big banks be broken up?

    The idea that some banks are "too big to fail" became common in 1984 when Continental Illinois was on the brink of failure. The then-seventh-largest bank in the U.S., Continental Illinois had $40 billion in assets, but many of those assets were bad loans,...
  • Personal Finance: If disaster strikes, are you ready?

    Disaster can strike anytime, anywhere. It's not just wildfires that threatens our safety and financial well-being. It could be a flood, earthquake, landslide, or even a home or office break-in. Regardless, the old adage applies: Be prepared. Here...
  • 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...
  • New Indian leader Modi raises issue of rape on Independence Day

    India’s new leader marked his first Independence Day in power Friday with a strongly worded speech urging the nation to confront the issue of rape following a series of highly publicized assaults. “When we hear about incidents of rape, our...
  • 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....
  • 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...