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Banking News

Banking news continually updated from thousands of sources around the net.

1 hr ago | USA Today

Ask Matt: Will LeBron's return help local stocks?

A: LeBron's return to the Cleveland may be good news for Cavs fans. But the same isn't true for investors in Cleveland-based stocks.

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Related Topix: Financial Markets, Manufacturing, Retail, Sherwin Williams, Chemicals, KeyCorp, Financial Services

5 hrs ago | Sunherald.com

Puppy love: 11 new pet therapy teams graduate, volunteers honored in Gulfport

Visiting Pet Teams of South Mississippi presented 11 new teams and 11 re-registered teams in a special ceremony at the eighth annual pet therapy graduation at Memorial Hospital at Gulfport on Saturday.

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Related Topix: Mississippi, Non-Profit, Financial Services, Hancock Holding

Sat Jul 12, 2014

Wall Street Journal

Unspoiled Children, No Rod Needed

You want to give your children everything. But sometimes you can go too far and create a spoiled, entitled brat.

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Related Topix: Wells Fargo , Financial Services, Metuchen, NJ, Adolescents and Pre-Teens, Family

Wall Street Journal

U.S.-Chinese Accelerator InnoSpring is Targeting $5 Million Fund

InnoSpring , a two-year-old accelerator founded in Silicon Valley to help U.S. and Chinese tech startups expand across borders, is raising a second fund, Venture Capital Dispatch has learned.

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Related Topix: Silicon Valley Bancshares, Financial Services, Venture Capital, Emerging Technology, Santa Clara, CA, Santa Clara County, CA, Aerohive Networks, World News, China, Science / Technology, Internet

Business Journal

SACU executive to serve on Dallas Fed advisory council

Steve Hennigan, president and CEO of the San Antonio Federal Credit Union, has been tapped to join the Federal Reserve Bank of Dallas' Community Depository Institutions Advisory Council.

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Related Topix: Financial Services, Federal Reserve Bank of Dallas

Business Journal

Regal Financial merges with Boise bank

Seattle's Regal Financial Bank has reached agreement to merge with another bank.

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Related Topix: Federal Deposit Insurance, Financial Services, Financial Institutions

Arkansas Online

Lapses with pathogens lead CDC to idle 2 labs

WASHINGTON -- Federal government laboratories in Atlanta improperly sent potentially deadly pathogens, including anthrax, botulism bacteria and a virulent bird flu virus, to other laboratories in five separate incidents over the past decade, officials said Friday.

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Related Topix: Financial Services, Centers for Disease Control and Prevention, Washington Federal

Wall Street Journal

Grand Central: Bond Dealers See Fed Rate Hikes Stopping in 2017 at 3.5%

Investors spend a great deal of time discussing when the Federal Reserve will begin raising short-term interest rates.

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Related Topix: Bank of New York, Financial Services, Federal Reserve Bank of New York

Fri Jul 11, 2014

The Globe and Mail

Elizabeth Comper was a fighter against racism on several fronts

Elizabeth Comper had a comfortable life a decade ago as wife of the Bank of Montreal's chief executive when she saw something on television that shocked and upset her: the world's oldest hatred flaring up again in her own country.

1 comment

Related Topix: Bank of Montreal, Financial Services, Libraries, Canada, Family, Adolescents and Pre-Teens, Marketing

Reuters

UPDATE 2-Wells Fargo's focus on energy shows growth strategy

Wells Fargo & Co is angling to cash in on the U.S. energy boom, as the fourth-largest U.S. bank looks for new avenues of revenue growth to overcome a slump in mortgage lending, its traditional driver of profits.

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Related Topix: Wells Fargo , Financial Services, Startups, Mach One, Institutional Venture Partners, Home, Mortgage, Personal Finance

KAUZ

Markets steady after Portuguese bank scare

The solar panels that Idaho inventor Scott Brusaw has built aren't meant for rooftops.

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Related Topix: Financial Services, Exchange Bank, South Korea, World News

GPB.org

Economists Say Inflation Is Tame; Consumers Aren't Buying It

Meat is displayed in a case at a grocery store in Miami. The index of retail prices for meats, poultry, fish and eggs was up 7.7 percent from a year ago more than triple the overall inflation rate.

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Related Topix: Pnc Financial Services GroupThe, Financial Services, Life, Fruits, Food, US News, United States Department of Agriculture

Business Journal

Wells Fargo earns $5.7 billion in Q2

Wells Fargo & Co., the world's most valuable bank, said profit increased 3.8 percent on lower costs even as the lender snapped a 17-quarter streak of rising per-share earnings.

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Related Topix: Wells Fargo , Financial Services, Startups, Mach One, Institutional Venture Partners

The Globe and Mail

U.S. banks mired in trading doldrums

Second-quarter earnings reports likely to disappoint as fixed-income, currencies and commodities no longer spinning easy revenues.

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Related Topix: Financial Markets, Financial Services, CitiMortgage, Citigroup, Home, Mortgage, Personal Finance, Stanley

The Lebanon Daily News

Troubled Lisbon bank insists it is healthy

A currency trader passes by screens showing the Korea Composite Stock Price Index, left, and the exchange rate between the U.S. dollar and the South Korean won at the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, Friday, July 11, 2014.

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Related Topix: World News, Portugal, Financial Services, Exchange Bank, South Korea,

Thu Jul 10, 2014

Business Journal

Are we entering a post-Banktown era in Charlotte?

Don't panic. Bank of America isn't leaving town. Neither is Wells Fargo . But trends tell us it's probably time to start thinking about a post-Banktown Charlotte.

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Related Topix: Bank of America, Financial Services

Reuters

Miami's mortgage discrimination suits against Citi, Wells dismissed

A federal judge has dismissed mortgage discrimination lawsuits filed by the City of Miami against Citigroup Inc and Wells Fargo & Co, following the dismissal of a similar lawsuit against Bank of America Corp earlier this week.

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Related Topix: Home, Mortgage, Personal Finance, Financial Services, Citigroup, Wells Fargo , Startups, Mach One, Institutional Venture Partners

The Globe and Mail

A new way to invest in companies led by women

Yahoo chief executive Marissa Mayer appears on NBC's Today show in New York, Feb. 20, 2013.

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Related Topix: Barclays plc, Financial Services, Investment Banking, Barclays Capital

ClickOnDetroit

JPMorgan Chase announces Detroit home program

Financial giant JPMorgan Chase and Liberty Bank are starting a program in Detroit to help people finance, repair and restore homes being sold through the city's online auctions.

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Related Topix: Detroit, MI, JP Morgan Chase , Jefferson Pilot Corporation, Insurance, Non-Profit

Business Journal

Too big to sail? CEO Cutler Dawson on how Navy Federal Credit Union keeps growing

While the U.S. Navy keeps shrinking, Navy Federal Credit Union keeps growing. The Vienna, Va.-based credit union, the nation's largest, surpassed $6 billion in assets last month and now has more than 5 million members.

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Related Topix: Financial Services, Navy Federal Credit Union

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