Financial Service News

McCarthy is returning to the agency after serving for five years as vice president of public finance for Stephens Inc., a privately held, independent financial services firm.

Saying more funding is needed to save wild areas in Silicon Valley amid steady development pressure, the board of the Santa Clara County Open Space Authority has placed a parcel tax on the November ballot.

WASHINGTON -- Federal law enforcement and intelligence authorities said they are increasingly struggling to conduct court-ordered wiretaps on suspects because of a surge in chat services, instant-messaging and other online communications that lack the technical means to be intercepted.

Lakeland Financial Corp. today reported record second-quarter earnings of $11.3 million, or 68 cents per diluted common share, a 22 percent increase from the $9.2 million, or 56 cents a share, posted for the same three months of 2013.

Curtis Hays, 36, of Rancho Cucamonga, was taken into custody on a federal indictment filed Wednesday in federal court in Riverside.

Courtesy of the Alabama National Guard Brig. Gen. Charles Gable, right, the Alabama National Guard's assistant adjutant general, passes the 226th Maneuver Enhancement Brigade flag to Col.

Bank of Nova Scotia has reached a tentative settlement in a long-standing class action lawsuit launched by current and former employees who argue they are owed years of overtime pay.

The credit ratings agency's performance beat Wall Street's expectations, and the company raised its full-year revenue forecast.

In desperation, the 19-year-old turned to strangers online - and within a week, she had nearly $50,000 in donations to help finish her biomedical engineering degree.

A trading suspension in the stock of little-known Cynk Technology, which mysteriously surged 20,000 percent before the halt, ends late on Thursday, but do not expect to see the stock trading again on Friday.

Scotiabank has agreed to settle an overtime class action lawsuit involving some of its retail branch bank employees.

Bankrupt power giant Energy Future Holdings terminated its restructuring agreement and announced plans to auction its stake in the profitable power transmission business Oncor Electric Delivery Co., according to a filing Thursday with the U.S. Securities and Exchange Commission.

The Securities and Exchange Commission announced the settlement Thursday with the Wall Street bank.

A U.S. lawmaker will pressure the U.S. Securities and Exchange Commission on Thursday to consider a raft of reforms, after William Ackman's aggressive efforts to take over Allergan Inc raised concerns about loose rules governing disclosure and shareholder voting.

The office said in a statement Thursday that Ricardo Salgado, who stood down earlier this month as chief executive of troubled Banco Espirito Santo, would appear before an investigating magistrate.

The Frankfurt-based central bank for the 18 nations that share the euro said Thursday the security breach involved a database serving part of the website that gathers registrations for ECB events.

The report is available at 'www.fitchratings.com'. Additional information is available at 'www.fitc... )--McDermott International, Inc. announced today that it plans to issue a press release regarding its financial results for the sec... rEVO Biologics, Inc. Announces Enrollment of First Patient in Phase 3 Trial of ATryn to Treat Early Onset ... (more)

A former Jefferies Group Inc managing director convicted of defrauding investors who traded mortgage bonds through a government program established after the 2008 financial crisis was sentenced on Wednesday to two years in prison.

Offering basic financial services through the post office isn't a new business model.

Testifying before the House Foreign Affairs Committee, the State Department's Brett McGurk and Defense Department's Elissa Slotkin said the administration was focused on improving U.S. intelligence, securing American personnel and property, guiding Iraq toward a new, more inclusive government and helping its forces strike back against the al-Qaida ... (more)