Banking news continually updated from thousands of sources around the net.
2 hrs ago | JD Supra
A federal court in Oklahoma delivered another blow to claims by mortgage loan officers that they are entitled to overtime under the Fair Labor Standards Act . In Chapman v.
6 hrs ago | Farmington Daily Times
On November 30th, voters in Switzerland will head to the polls to vote in a referendum on gold. On the ballot is a measure to prohibit the Swiss National Bank from further gold sales, to repatriate Swiss-owned gold to Switzerland, and to mandate that gold make up at least 20 percent of the bank's assets.
6 hrs ago | SFGate
File - JULY 11: Wells Fargo reported profits rose 4% from the same period last year, however the results were slightly lower than expected and the stock was down on early trading. - OAKLAND, CA - JULY 19: A sign is posted in front of a Wells Fargo Bank branch on July 19, 2011 in Oakland, California.
6 hrs ago | Business Journal
Katherine August-deWilde, president of San Francisco-based First Republic Bank, says several factors contributed to the Bay Area's luxury homes hitting a record price in the second quarter. The average luxury home in the San Francisco Bay Area reached an all-time high of $3.3 million, according to First Republic Bank's Prestige Home Index.
8 hrs ago | Business Journal
The Sandusky-based parent of Citizens Banking Co., which operates branch offices in Dublin and Plain City, showed a desire to expand its footprint with a $17.2 million agreement to purchase Dayton-based TCNB Financial Corp. "Everybody wants to be ," Dutton told me. "If you get into a bidding situation, there's always somebody willing to pay more.
9 hrs ago | Business Journal
Greater Cincinnati employers are going to keep adding workers next year, to the tune of about 15,000 more jobs. That's the prediction of Stu Hoffman .
11 hrs ago | Brandon Sun
Major changes are afoot in the executive ranks of the Canadian Imperial Bank of Commerce , as incoming chief executive Victor Dodig shuffles a number of leadership roles and announced the exit of one key executive. Dodig, who began his job as head of the bank on Monday, says chief operating officer Richard Nesbitt is leaving CIBC immediately, accelerating his initial plan to retire in October 2015.
12 hrs ago | Business Journal
Popular Community Bank, the U.S. banking subsidiary of Popular Inc. , completed the previously announced sale of its Central Florida regional operations to Harbor Community Bank , a wholly owned subsidiary of HCBF Holding Co. Inc. As part of the transaction, Popular Community Bank sold its nine branches in the Central Florida area, including $104 million in loans and $217 million in deposits, each as of Aug. 31. The transaction is expected to result in a net premium of about $1 million before customary transaction-related costs.
12 hrs ago | Business Journal
The LightStream AnythingLoan will give KBB.com site visitors online financing for cars, trucks and motorcycles anywhere in the United States. Qualified consumers can borrow between $5,000 and $100,000 at terms of their choosing and at competitive fixed rates, starting as low as 1.99 percent APR.
13 hrs ago | Seattle Post-Intelligencer
German Finance Minister Wolfgang Schauble speaks during a news conference in Milan, Italy, Saturday, Sept. 13, 2014.
13 hrs ago | Business Journal
The sudden death last week of Hudson City Bancorp Inc.'s top executive and the subsequent naming of new leader is not expected to affect the company's plans to be acquired by M&T Bank . In a statement issued Sept.
13 hrs ago | Seeking Alpha
Anyone who reads my articles knows I've been pounding the table to buy Bank of America for a long time now. I have maintained that BAC's issues are transitory - although they have been a little less transitory than I'd hoped - and that we'd eventually see the company earning billions upon billions and a higher stock price.
18 hrs ago | Reuters
Getting a mortgage in the United States may be easier than many borrowers think, according to a survey released Monday by Wells Fargo & Co ( Nearly two-thirds of respondents thought that a very good credit score was necessary to buy a home, and more than 40 percent thought they needed a down payment equal to at least 20 percent of the purchase price to buy a home. Under government-backed programs, first-time home buyers with subprime credit scores can get a mortgage insured by the Federal Housing Administration, and they can put down as little as 3.5 percent of the purchase price.
19 hrs ago | Wall Street Journal
SANTANDER, Spain-In Ana Patricia BotA n first official appearance as chairwoman of Banco Santander SA she vowed to build on the work of her father, the bank's former chairman who died last week. Ms. BotA n said that her father, Emilio BotA n, worked for almost 30 years as Santander's chairman to transform it into the "No.
Shares slump early as poor Chinese data shakes investor confidence and threatens to push the local dollar below 90 US cents ahead of the US Fed meeting this week. The J ames Hardie Industries asbestos compensation fund is headed for a funding shortfall and is seeking approval from the NSW Supreme Court to pay some victims in instalments rather than lump sums.
Fatfish, an Australian-listed company that invests in internet ventures, has brought a stake in Malaysian-based mobile games provider, AppXplore Sdn Bhd.
Twenty other troopers with ties to Northeast Pennsylvania have died in the line of duty since 1909, according to the Pennsylvania State Trooper Association's In Memoriam page. We welcome user discussion on our site, under the following guidelines: To comment you must first create a profile and sign-in with a verified DISQUS account or social network ID.
The Toronto stock market closed little changed Friday with traders in a risk-averse mood going into the weekend ahead of next week's U.S. Federal Reserve meeting on interest rates and a referendum that will decide whether Scotland leaves the United Kingdom. Hudson's Bay Co.
Updated: Mon Sep 15, 2014 07:50 pm
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