Banking News

A federal lawsuit says a sinkhole that has opened up over a city stormwater runoff pipe is threatening to swallow up a St. Elmo bank.

In a valley that values the next big thing above all else, places like Birk's are rare.

Federated Investors Inc. on Friday said it is acquiring $421 million in fixed-income assets from Huntington Funds.

A recent string of apparent suicides in the financial services industry this year has given birth to a flurry of conspiracy theories suggesting that the deaths are somehow connected.

Bradford singer Georgia Harrup is hoping to make it through the knock-out round in BBC's The Voice this evening.

China avoided prolonged economic pain during and after the recession because, unlike the U.S., its government enacted a "bold and powerful" stimulus package, two researchers argue in a new paper from the Federal Reserve Bank of St. Louis .

This r... )--Oxea will increase off-list prices on n Propanol and n Propyl Acetate effective April 1, 2014, or as contracts allow.

UBS AG boosted Chief Executive Officer Sergio Ermotti's compensation by 21 percent to 10.73 million Swiss francs , the last time the decision will fall exclusively on the bank's board as Swiss governance rules change.

Royal Bank is one of the banks named in an FDIC lawsuit over fixing the LIBOR rate.

JPMorgan Chase & Co.' s price target points to a potential downside of 2.88% from the stock's previous close.

"I don't even go out of my house, especially with the kids. I can't have the kids outside," said the mother.

Thomas Lee, the JPMorgan Chase & Co. chief equity strategist who has called for gains in American stocks for six straight years and got them in four, is leaving the firm.

On March 13, the son of Jon Corzine was found dead in Mexico City of an apparent suicide .

A U.S. judge wrestled on Thursday with a U.S. Justice Department request that Bank of America Corp pay $2.1 billion in penalties after being found liable for fraud over defective mortgages sold by its Countrywide unit.

As a filmmaker and activist based in San Francisco, I am suing Wells Fargo Bank, which assumed the predatory loan on my family home that traveled a slippery slope from Countrywide to World Savings Bank to Wachovia, all of which went out of business due to dubious, immoral and illegal activity.

Three nominees for the Federal Reserve's board expressed their support Thursday for the Fed's efforts to bolster the U.S. economy.

Deutsche Bank said om Thursday it has had a "slow" start to the year in its investment bank, due to market uncertainty related to the crisis in Ukraine and concerns about economic growth in China and Germany.

Wells Fargo certainly has made the most of the recovery in housing over the past five years, reaching record levels of earnings for the last 11 quarters.

Citigroup CEO Michael Corbat was paid a total of $17.6 million last year, his first full year on the job.

The combined profits of Goldman Sachs, JPMorgan Chase and other banks and brokers fell by 30% and revenues across the industry were flat.