Banking News

In the past few months, the New York Times has run a series of stories revealing the business practices of JP Morgan in China, where the bank hired the children of the country's elite to get business from the Chinese Government.

's stock had its "underweight" rating reiterated by analysts at JPMorgan Chase & Co.

THE Tasmanian Government has come under pressure to reduce the amount of heavy metal it allows the Rosebery zinc, lead and silver mine to emit as dust.

The Greek government survived a budget vote on Saturday night, hours after international creditors said they would not resume comprehensive negotiations until January, further delaying a fresh tranche of aid for the country.

After busy summer of construction and moving over 40,000 cubic metres of earth, the Crystal Ridge Express opened at 10 a.m. today to a cold crowd of enthusiastic skiers and snowboarders.

Oil and gas companies in Texas and nearby states are expecting continued growth next year, the Federal Reserve Bank of Dallas reports.

In the past 15 years, American print publishers have experienced a massive decline in advertising revenues.

Commodity Futures Trading Commission chief Gary Gensler has convinced regulators to insert new language into the Volcker rule restricting foreign banks from evading the rule, Bloomberg reported on Friday.

Top U.S. cable provider Comcast Corp has tapped JP Morgan Chase & Co for advice as it evaluates a potential bid for Time Warner Cable Inc, people familiar with the matter said.

German postal provider Deutsche Post listed on the sharemarket in 2000 and in 2002 achieved full control of international package and logistics company DHL.

A top Federal Reserve official, who has been one of the most ardent supporters of the U.S. central bank's bond-buying stimulus program, said he was open to curtailing the purchases this month, although he would prefer to wait.

General Electric Co has agreed to pay as much as $18.25 million to settle a class action lawsuit accusing it of rigging bids for municipal securities, court papers filed on Friday show.

The Greeneville Sun reports Greene and Washington county rescue squads tried to reach the person overnight but weren't successful.

Canada's big banks reported record annual profits for 2013, buoyed by a strong domestic banking market, but stormier seas may lay ahead as they head into next year.

Bank of Nova Scotia a record annual profit of nearly $6.7 billion in 2013 but its fourth-quarter core earnings came in slightly below some analyst estimates.

Hackers gained access to the personal information of about 26,000 Pennsylvanians who use debit cards to receive jobless and workers' compensation benefits, the Pennsylvania Treasury Department said Thursday.

The Los Angeles city attorney sued Wells Fargo and Citigroup on Thursday, alleging the companies engaged in mortgage discrimination that led to a wave of foreclosures in minority communities during the housing crash.

A U.S. judge is considering an alternative that could result in Bank of America Corp paying much less than the $863.6 million the government is seeking as a penalty for the sale of defective mortgages before the financial crisis.

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A man looks at a display in a shoe store in Madrid, Spain, Wednesday, Dec. 4, 2013.