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Banking News

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

1 hr ago | Business Journal

Wells Fargo slows foreclosure sales, while Bank of America continues

Wells Fargo & Co. , JPMorgan Chase & Co. and Citigroup Inc. have nearly halted foreclosure sales after federal regulators revised orders on how the troubled borrowers were to be treated before losing their homes.

Comment?

Related Topix: Foreclosures, Wells Fargo , Bank of America, Financial Services, Startups, Mach One, Institutional Venture Partners

5 hrs ago | EKathimerini

Large rescue effort contains Patra hotel fire

A large fire that broke out in the hotel Astir in the western port of Patra on Tuesday was brought under control by a unit of 30 firefighters manning 10 fire engines.

Comment?

Related Topix: Europe, Greece, World News, Financial Services, European Central Bank

5 hrs ago | EKathimerini

Hellenic petroleum structured note draws bets on Greek recovery

Bank of America Corp. sold the first structured notes tied to GreeceA's largest refiner, Hellenic Petroleum SA, as investors bet on a recovery in the nation at the heart of EuropeA's debt crisis.

Comment?

Related Topix: Bank of America, Financial Services, Europe, Greece, World News, Financial Markets

5 hrs ago | EKathimerini

Troika inspectors to arrive in Athens on June 4

A delegation of technocrats of the troika of the European Commission, the European Central Bank and the International Monetary Fund will arrive in Athens on June 4 to assess Greece's progress, reports said Tuesday.

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Related Topix: Financial Services, European Central Bank, Europe, Greece, World News, Karolos Papoulias

7 hrs ago | International Business Times

Australian Dollar Outlook - 21 May 2013

An employee counts U.S. dollar banknotes as yuan banknotes are seen at a branch of the Industrial and Commercial Bank of China in Huaibei, Anhui province in this May 25, 2010 file photo.

Comment?

Related Topix: Independence Community Bank, Financial Services, China, World News

Mon May 20, 2013

AmericanBankingNews.com

IBERIABANK Price Target Raised to $54.00 at Raymond James

A number of other firms have also recently commented on IBKC. Analysts at Stephens upgraded shares of IBERIABANK from an "equal weight" rating to an "overweight" rating in a research note to investors on Monday.

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Related Topix: Raymond Ltd, Apparel, Financial Services, IBERIABANK

MarketWatch

Currencies: Yen struggles against dollar

The Japanese yen lost ground Tuesday following fresh remarks by Japan's economic minister about the currency's recent price levels.

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Related Topix: Financial Markets, Financial Services, Pnc Financial Services GroupThe

WCNC-TV Charlotte

Armed bank robbers flee with $5K in stolen vehicle

A second bank was robbed in the Charlotte area on Monday morning. The Iredell County Sheriff's Office said the Bank Of America on North Main Street in Troutman was robbed by two men around 9:30 a.m. The armed men fled with $5100 in cash in a gray Buick Century that was reported stolen in Charlotte early Monday morning, police say.

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Related Topix: Iredell County, NC, Financial Services, Bank of America, Troutman, NC, Albemarle, NC

Al Bawaba

HSBC Bank Oman corporate clients explore chinese currency's...

Experts and senior analysts from HSBC discussed how China's businesses and Renminbi currency are playing an increasingly important role in world trade during a seminar organized for HSBC Bank Oman's corporate clients.

Comment?

Related Topix: Financial Services, HSBC Holdings

Reuters

Unclear whether Fed's bond buying has helped economy: Fisher

Federal Reserve Bank of Dallas President Richard Fisher speaks about the concept of breaking up 'too big to fail' banks to a breakout group at the Conservative Political Action Conference in National Harbor, Maryland, March 16, 2013.

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Related Topix: Financial Services, Federal Reserve Bank of Dallas, Financial Markets

Fox News

Goldman Sachs Selling ICBC Stake

Goldman Sachs Group Inc. is selling its entire stake in Industrial & Commercial Bank of China Ltd.

Comment?

Related Topix: Goldman Sachs, Financial Services, Investment Services, Independence Community Bank, Business News

Journal Gazette

teacher honor roll / education notebook

Kate Mann poses with her fourth-grade class at Lafayette Meadows Elementary. Mann was named the Teacher Honor Roll winner for the week.

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Related Topix: Family, Kids, Tower Financial, Financial Services, Fort Wayne, IN

Sun May 19, 2013

In El Dorado County

Class of 2013, Most Indebted Ever

Total outstanding student-loan debt stood at $986 billion at the end of the first quarter of this year, according to the Federal Reserve Bank of New York .

Comment?

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

MarketWatch

Dimon making case to keep both J.P. Morgan jobs

Jamie Dimon faces another attempt at Tuesday's shareholder meeting to split his duties as chairman and chief executive of J.P. Morgan Chase & Co.

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Related Topix: JP Morgan Chase

Benzinga

Can You Think of 9 Companies with Stellar Customer Service?

Everyone has read about the customer service horror stories that plague every industry in existence.

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Related Topix: Harris Interactive, Advertising, Emerging Technology, Search Engines, Stora Enso, Bank of America, Paper, Financial Services

KMIZ

Stocks on a roll: Yahoo, Microsoft stoke appetite

For the fourth week in a row, the stock market climbed to fresh record highs last week on signs of improvement in the U.S. economy.

Comment?

Related Topix: Financial Markets, JP Morgan Chase

WTSP-TV Saint Petersburg

Student debt weighs on overall economy

But because of about $28,000 in student loans, which she's paid down to about $17,000, the 2010 Xavier University graduate will continue living paycheck to paycheck.

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Related Topix: Xavier University, Bank of New York, Financial Services, Federal Reserve Bank of New York, US Politics, US News, Sherrod Brown, US Senate, Democrat, US House of Representatives

KYTV Springfield

Building dedication for Mansfield Community Center

The Mansfield Community Center is getting a new name. Saturday, it will become the Ann Short Turner Community Center, after a big-time donation.

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Related Topix: Mansfield, MO, Springfield, MO, Great Southern Bancorp, Financial Services

Philly.com

Edward Bogosian; owned Camera Shop of Bryn Mawr

Edward Bogosian, 82, longtime owner of the Camera Shop of Bryn Mawr, died Saturday, May 11, of bone cancer at his home in Villanova.

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Related Topix: Financial Services, Bryn Mawr Bank, Bryn Mawr, PA, Villanova, PA, Photography, Arts, Philadelphia, PA

Sat May 18, 2013

The Intelligencer

Get Public's Ideas on Arena

No doubt WesBanco Arena Executive Director Dennis Magruder has heard an enormous number of ideas for improving the downtown Wheeling facility.

Comment?

Related Topix: Financial Services, WesBanco, Wheeling, WV

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