| 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 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...
| Mar 25, 2014
| 7:11 PM
SACRAMENTO — Millions of dollars in welfare benefits are ending up in banks' pockets each year when poor Californians access their taxpayer-funded benefits, according to state statistics and a report released Tuesday.
Like many other states,...
| May 30, 2014
| 2:04 PM
The city of Los Angeles accused JPMorgan Chase & Co. of steering minority borrowers into risky home loans they couldn’t afford, triggering a foreclosure wave that hammered property values and city coffers.
In a lawsuit filed Friday in U.S....
| May 11, 2014
| 5:00 AM
Are lenders' credit score requirements for home buyers this spring too high — out of sync with the actual risks of default presented by today's borrowers? The experts say yes.
What experts? The developers of the credit scores used by virtually...
| May 14, 2014
| 8:30 AM
pay off the entire balance monthly, look for a zero-annual fee card that allows the most interest-free or grace days. Some cards
listed below feature special introductory or "teaser" rates for a specified time before regular rates apply. Additional...
| Apr 29, 2014
| 8:01 AM
You can move your shareholder meeting out of California, but you can't stop protesters from following.
Joining ordinary Wells Fargo shareholders, demonstrators planned to air their grievances Tuesday in San Antonio, site of this year's annual meeting....
| 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...
| Apr 16, 2014
| 7:14 PM
If your heart skipped a beat when you heard about the latest major online security threat, a bug called Heartbleed, calm down. It's not worth having a heart attack over.
But you can't dismiss Heartbleed, either. You likely will have to change some...
| 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...
| May 1, 2014
| 9:47 AM
MB Financial Inc., which last July announced plans to buy Cole Taylor Bank, saw the happiness of its customers plummet in J.D. Power’s latest U.S. retail banking satisfaction study.
The company’s MB Financial Bank unit, based in Chicago, had...