Banking News

Nationwide, lenders made $226 billion worth of mortgages in the first quarter, down 57% from the same period a year ago, when borrowers were lining up to refinance their home mortgages at ultra-low interest rates, according to data from the Mortgage Bankers Association.

Writing in the Guardian newspaper on Saturday, journalist Dan Roberts details how newly released documents from inside the Clinton adminstration reveal how the president's economic advisors at the time downplayed the possible negative impacts of deregulating Wall Street as they pushed for measures that many critics say ultimately led to the ... (more)

Peter Russell, a Fairfield resident, has been named senior vice president, director of private bank lending, at Webster Private Bank.

High finance is a small world just like Baltimore is a small town, and it showed as potential conflicts of interest cropped up during a fight over ownership of the city's biggest local bank.

Goleta Pier, at Goleta Beach Park , is a more important community resource than most folks understand.

The competition features the t... Robbins Geller Rudman & Dowd LLP Files Class Action Suit against Certain Registered Public Stock Exchanges, Brokerage Firms and High Frequency Trading Firms )--The suit alleges defendants engaged in a scheme that was designed to and did manipulate the U.S securities markets and the trading of equities through high ... (more)

Wisconsin's largest homegrown bank produced more earnings than expected in the first quarter of this year -- but its profits were still less than a year ago.

The suit says stock exchanges, investment banks and others defrauded investors by manipulating market data in favor of split-second stock-trading firms.

These distributions were declared on February 21, 2014, had an ex-dividend date of March 3, 2014, and were paid on March 19, 2014 to shareholders of record on March 5, 2014.

Kaiser is president, CEO and primary owner of GBK Corp., parent of Kaiser-Francis Oil Company, which he has managed for 40 years.

The difficulties of revamping bank oversight in the wake of the worst financial crisis in generations were palpable at a conference on financial markets this week sponsored by the Federal Reserve Bank of Atlanta.

New York Governor Andrew Cuomo is encouraging job seekers to check out the Jobs Express website , where there are thousands of job openings listed.

Peoples Bancorp today reported second fiscal quarter earnings of $745,652, or 32 cents per diluted common share, a 32 percent hop from the $565,042, or 24 cents a share, posted for the prior year's second fiscal quarter.

A sudden and sharp correction in the housing market could have a devastating impact on the Canadian economy overall, enough to trigger another recession, says a new Bank of Montreal report.

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Here's a switch: The bankers are all of a sudden doing worse than the butchers, the bakers, and the candlestick makers.

Fifth Third Bancorp says its first-quarter net income fell 25 percent, mostly on a decline in its investment in its former Vantiv payment-processing subsidiary.

Citigroup Inc , which aspires "to become the world's digital bank", will not webcast its annual meeting next week in St. Louis.

The Federal Reserve indicated to Citigroup Inc that the bank would get more time to fix certain "stress test" planning problems before rejecting its capital plan last month, the Wall Street Journal reported, citing people close to the company.

Regional bank Hancock Holding Co. said Wednesday that it has met efficiency targets nearly a year early, as quarterly profits bounced back thanks to lower expenses.