Add to MyYahoo RSS

Financial Service News

Financial Services news continually updated from thousands of sources around the net.

1 hr ago | The New Zealand Herald

Investors buy German debt at negative rates

Investors have bought billions of euros in German treasury notes that pay negative interest meaning the purchasers agreed to pay a small fee for the privilege of lending the German government their money. The negative yield is a sign of the stresses in the 18-country eurozone, where the economy is struggling to maintain a weak recovery.


Related Topix: European Central Bank, Banking, Financial Markets

5 hrs ago |

Fresh mortgage price war breaks out

The move could provide another window of opportunity for people who missed out on the fierce mortgage price war seen last year The move could provide another window of opportunity for people who missed out on the fierce mortgage price war seen last year A fresh mortgage price war has broken out with a string of major lenders slashing their rates in recent days. Metro Bank, Halifax, Barclays, Nationwide Building Society, HSBC, Virgin Money, Skipton Building Society and Norwich and Peterborough Building Society are among those who have sharpened up their ranges.


Related Topix: Home, Mortgage, Personal Finance, Banking, Norwich and Peterborough Building Society

5 hrs ago | Silicon Alley Insider

European Bank Test Results To Be Announced October 26: Sources

The results of Europe's most comprehensive ever review of its banks' health will be announced on Sunday, Oct. 26, sources told Reuters. The sources all spoke on the condition of anonymity as the date has not yet been publicly disclosed.


Related Topix: European Central Bank, Banking

9 hrs ago | Sydney Morning Herald

Real estate enters financial planning

One of the country's biggest real estate agencies, Ray White, has stunned the financial services industry by setting up a financial planning arm at a time when the sector is suffering from a crisis in confidence following a series of scandals. An Australian Financial Services Licence is imminent and the family real estate business, which has a network of 750 real estate agencies across Australia and 500 mortgage origination brokers, is expected to open its financial planning business before Christmas.


Related Topix: Home, Mortgage, Personal Finance, Real Estate

Tue Sep 16, 2014

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

The report is available at ''. Additional information is available at ' Riassunto: Panasonic Automotive ha esposto le sue tecnologie e soluzioni per automobili in occasione dell'edizione del 2014 dell'ITS World Congress )--Panasonic Automotive Systems Company of America, fornitore di spicco di soluzioni per sistemi di portata globale, ha esposto e tenuto delle dimostrazioni di una serie di t... )--Burlington Stores, Inc. , a nationally recognized off-price retailer of high-quality, branded apparel at everyday low prices, today announced appointme... Rockwood Holdings, Inc. Sets November 14 as Date of Special Shareholder Meeting in Connection with Proposed Merger with Albemarle Corporation )--Rockwood Holdings today announced a date for a special meeting of its shareholders to vote on the adoption of the proposed merger agreement with Albemar...


Related Topix: CPU, Science / Technology, ROC Taiwan Fund, Real Estate, Boston Properties, Transportation, FedEx, Air Courier

Business Journal

Bank of America, Wells Fargo pass mid-year stress tests

Charlotte's two largest banks say they passed a self-administered checkup on their financial health.


Related Topix: Bank of America, Wells Fargo , Banking

Business Insurance

Wilson Sonsini tech engineer charged with insider trading

An information technology engineer at Wilson Sonsini Goodrich & Rosati was arrested Tuesday and charged with insider trading on information he learned while working at the prominent Silicon Valley law firm. Dimitry Braverman, 41, was charged with one count of securities fraud in a criminal complaint filed in New York.


Related Topix: Wilson Sonsini Goodrich and Rosati, Startups, Law, Wilson Sonsini Goodrich & Rosati, Securities and Exchange Commission, Corporate / Securities Law, US Securities and Exchange Commission, DealerTrack Holdings, Software, Seagate Technology

Berkshire Eagle

Kinder Morgan seeks federal OK for pipeline

Kinder Morgan has begun the process of seeking federal approvals for a natural gas pipeline project through northern Massachusetts that has already garnered significant local opposition. The Houston-based energy company on Monday filed a request with the Federal Energy Regulatory Commission seeking to use its so-called "pre-filing procedures."


Related Topix: Kinder Morgan Management, Energy, Kinder Morgan, Oil & Gas, Dracut, MA

The Motley Fool

3 Reasons PNC Financial Services Group Could Rise

It's next to impossible to predict a stock's movement up or down, particularly over the short term. However, there is an argument to be made that long-term investors who buy quality stocks at fair valuations can do quite well in the markets.


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

Business Journal

Brown & Brown plans debt issue

Brown & Brown plans to issue senior notes, using at least some of the proceeds to pay off existing debt.


Related Topix: Brown and Brown Insurance, Insurance, US Securities and Exchange Commission

Business Journal

Popular Community Bank completes sale of C. Fla. operations

Popular Community Bank, the U.S. banking subsidiary of Popular Inc. , completed the previously announced sale of its Central Florida regional operations to Harbor Community Bank , a wholly owned subsidiary of HCBF Holding Co. Inc. As part of the transaction, Popular Community Bank sold its nine branches in the Central Florida area, including $104 million in loans and $217 million in deposits, each as of Aug. 31. The transaction is expected to result in a net premium of about $1 million before customary transaction-related costs.


Related Topix: Popular, Banking

Mon Sep 15, 2014

Daily Reporter

DOJ extremism fight could take cue from Minnesota

File-This March 23, 2008, file photo provided by the Hennepin County, Minn. Sheriff's Office shows Douglas McAuthur McCain.


Related Topix: Minnesota Government, Minnesota, Hennepin County, MN, US Bancorp, Banking, Terrorism

The Bennington Banner

BP Alaska plans layoffs following Hilcorp sale

BP Alaska, a major player in the state's oil industry, on Monday announced plans to lay off 275 employees and direct contractors early next year. BP's business in Alaska will be smaller because of the previously announced sale of its interests in four North Slope oil fields to Hilcorp, spokeswoman Dawn Patience said.


Related Topix: BP Prudhoe Bay Royalty Trust, Energy, Oil & Gas, Alaska, Prudhoe Bay, AK, Sean Parnell, US Governors


Guilty pleas to $7m insider trading

A former National Australia Bank employee and a public servant have pleaded guilty to a $7 million insider trading scheme. Former NAB worker Lukas James Kamay and Australian Bureau of Statistics employee Christopher Russell Hill used confidential market-sensitive information in trades that netted about $7 million in profits.


Related Topix: National Australia Bank

Farmington Daily Times

Column: Will The Swiss Vote to Get Their Gold Back?

On November 30th, voters in Switzerland will head to the polls to vote in a referendum on gold. On the ballot is a measure to prohibit the Swiss National Bank from further gold sales, to repatriate Swiss-owned gold to Switzerland, and to mandate that gold make up at least 20 percent of the bank's assets.


Related Topix: Swiss National Bank, Banking, Opinion

Brandon Sun

Most actively traded companies on the TSX

B2Gold Corp. . Miner. Down seven cents, or 2.99 per cent, to $2.27 on 7.4 million shares.


Related Topix: Microfinancial, Food, Leasing, Maple Leaf Foods, Smart and Final, Retail, Insurance, Manulife Financial, Canadian Natural Resources, Energy, Oil & Gas

Business Journal

M&T-Hudson City deal won't be deterred by CEO's death

The sudden death last week of Hudson City Bancorp Inc.'s top executive and the subsequent naming of new leader is not expected to affect the company's plans to be acquired by M&T Bank . In a statement issued Sept.


Related Topix: Banking, Hudson City Bancorp, MT Bank, Batavia, NY

Brandon Sun

New Cibc Ceo announces reorganization of bank's senior executives

Major changes are afoot in the executive ranks of the Canadian Imperial Bank of Commerce , as incoming chief executive Victor Dodig shuffles a number of leadership roles and announced the exit of one key executive. Dodig, who began his job as head of the bank on Monday, says chief operating officer Richard Nesbitt is leaving CIBC immediately, accelerating his initial plan to retire in October 2015.


Related Topix: Canadian Imperial Bank of Commerce, Retail, Banking, Coles Myer, Grocery


Wells Fargo finds mortgage myths hamper home purchases

Getting a mortgage in the United States may be easier than many borrowers think, according to a survey released Monday by Wells Fargo & Co ( Nearly two-thirds of respondents thought that a very good credit score was necessary to buy a home, and more than 40 percent thought they needed a down payment equal to at least 20 percent of the purchase price to buy a home. Under government-backed programs, first-time home buyers with subprime credit scores can get a mortgage insured by the Federal Housing Administration, and they can put down as little as 3.5 percent of the purchase price.


Related Topix: Home, Mortgage, Personal Finance, Wells Fargo , Banking, Home Buying

Seattle Post-Intelligencer

Eurozone economic growth forecast cut

German Finance Minister Wolfgang Schauble speaks during a news conference in Milan, Italy, Saturday, Sept. 13, 2014.


Related Topix: Italy, Banking, European Central Bank


Financial Services Jobs