| Jul 10, 2014
| 5:50 PM
The mortgage market, beaten down by higher interest rates and weak home sales, is showing signs of perking up.
After hitting a 14-year low in the first three months of this year, second-quarter home lending was much stronger than analysts expected,...
| Jul 11, 2014
| 6:18 PM
With solid quarterly results, Wells Fargo & Co. showed why it has become a darling of banking investors, but it also raised a crucial question:
How can the San Francisco financial giant continue its hot stock performance at a time when economic growth...
| Jul 10, 2014
| 4:40 PM
No. 1 mortgage lender Wells Fargo & Co. kicked off the bank earnings season with a 3.8% increase in profit in a report that sent modestly positive signals about Main Street lending and the housing market.
Wells Fargo had second-quarter net income of $5....
| Jul 15, 2014
| 6:12 PM
Banks are paying enormous amounts to settle cases stemming from bad mortgages, but investors in Wall Street's heavy hitters are looking at different numbers — and they like what they see.
An index of bank stocks climbed 1.3% on Tuesday after...
| Jun 6, 2014
| 8:09 AM
U.S. employers kept up a solid pace of hiring in May, returning employment to its pre-recession level and offering confirmation the economy has snapped back from a winter slump.
Nonfarm payrolls increased 217,000 last month, the Labor Department said...
| Jun 4, 2014
| 8:30 AM
These are nationally available credit cards offering the lowest interest rates on purchases as of Jun. 04. If you typically pay off the entire balance monthly, look for a zero-annual fee card that allows the most interest-free or grace days. Some cards...
| Jun 5, 2014
| 7:18 PM
A 19-year-old Pacoima man was arrested for allegedly trying to cash a fraudulent check at a La Crescenta bank on Monday, police said.
At 1:10 p.m., Evani Escobar entered the Wells Fargo Bank at 4000 Foothill Blvd. and reportedly headed to a teller window...
| Jun 17, 2014
| 3:43 PM
On June 12 I visited my local bank, the Wells Fargo on Honolulu Avenue in Montrose, where I was confronted and affronted by a table displaying a huge poster of the president of the United States with a Hitler mustache. These crackpots (I won’t...
| Jun 30, 2014
| 2:30 AM
The economies of Japan, Europe and emerging nations are giving off mixed signals. Here's what we see happening in the next several months.
Japan on the mend. Prime Minister Shinzo Abe's campaign to turn Japan's economy around is bearing fruit. But as Abe...
| Jun 6, 2014
| 10:34 PM
Much of what Los Angeles City Atty. Mike Feuer alleges in his lawsuits against four big banks for their mortgage and foreclosure practices isn't debatable.
In his latest lawsuit filed May 30 against JP Morgan Chase, Feuer alleges that mortgage lenders...
| Jul 8, 2014
| 11:37 AM
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...