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Banking News

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

2 hrs ago | MarketWatch

The Wall Street Journal: Citigroup may sell Japan retail-banking business

Citigroup, which for decades has been a leading Western bank in Japan, is considering a possible auction to sell the retail business, the people said.

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Related Topix: Financial Services, CitiMortgage, Citigroup

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Critics Slam 'Ice Bucket Challenge' as 'Slacktivism' and 'Stunt Philanthropy'

Should the U.S. Capitol Have a POW/MIA Memorial?

Police Fatally Shoot Another Black Male Near Ferguson

6 hrs ago | Business Journal

Fifth Third Center for sale, with 65 E. State St. owner seen as possible buyer

Dallas-based Tier REIT put the 330,840-square-foot tower at 21 E. State St. and a 508-397-square-foot, Fifth Third-anchored property at 600 Superior Ave. in downtown Cleveland up for sale as non-core assets.

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Related Topix: REIT, Personal Finance, Financial Services, Fifth Third Bancorp, Cleveland, OH, Real Estate, Forest City Enterprises, Columbus, OH

11 hrs ago | Business Journal

Bank of America lends $17M to build Audi dealership

Bank of America granted a $16.83 million construction loan to build an Audi dealership in Fort Lauderdale.

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Related Topix: Bank of America, Financial Services, Fort Lauderdale, FL, Home, Mortgage, Personal Finance

14 hrs ago | Reuters

Citi tells court its Argentina banking license at risk

Citigroup has told the U.S. appeals court overseeing the dispute between Argentina and hedge funds refusing to accept terms of the country's debt restructuring that its Argentine banking license may be at risk as a result of the standoff.

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Related Topix: South America, Argentina, World News, Financial Services, CitiMortgage, Citigroup, Financial Markets, US News, US Supreme Court

16 hrs ago | CBS 3 Springfield

Golf partners charged with insider trading

Federal securities regulators have charged a former Eastern Bank executive with insider trading for allegedly telling a golfing partner about an impending acquisition.

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Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Financial Services, Wainwright Bank and Trust, Holyoke, MA, Springfield, MA

16 hrs ago | Business Journal

Bay Bank wants to double the size of its newly renamed mortgage division

Bay Bancorp Inc. is renaming its mortgage division as part of a plan to drastically increase the size of it.

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Related Topix: Financial Services, Carrollton Bancorp

18 hrs ago | Business Journal

BofA's David Darnell to become vice chairman, move to Florida

David Darnell, right, was recently recognized by the Charlotte Chamber for his work on the Charlotte Minority Economic Development Initiative.

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Related Topix: Bank of America, Financial Services, Tampa, FL

19 hrs ago | Wall Street Journal

When Packing for Jackson Hole, Include These Economic Reports

As central bankers, economists, finance ministers and other officials from around the globe get set to gather at Jackson Hole, Wyo., this coming Thursday, the world's largest economy is coming off the best six-month run of job gains since early 2006.

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Related Topix: Federal Reserve Bank of Kansas City, Financial Services

23 hrs ago | The New Zealand Herald

Ralph Norris named new Fletcher Building chair

Fletcher Building has announced former Air NZ and Commonwealth Bank of Australia chief executive Ralph Norris as its new chairman.

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Related Topix: Financial Services, Automakers, Commonwealth Bank of Australia, Brilliance China Automotive Holdings

Mon Aug 18, 2014

Wall Street Journal

Grand Central: Global Central Bankers Out of Sync, Head to Jackson Hole

HILSENRATH'S TAKE Central bankers gathering in Jackson Hole, Wyoming later this week might take a few moments to reflect on the divergent paths they're traveling.

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Related Topix: Financial Services, European Central Bank

Business Journal

'BankWork$ saved my life:' Former Wells Fargo exec's teller training program goes national

Ruby Bates, keynote speaker of 2014 BankWork$ graduation earlier this year, said the program, which trains at-risk people for jobs in banking, saved her life.

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Related Topix: Wells Fargo , Financial Services, Phoenix, AZ

CBS Local

U.S. Auto Loans Soar To Highest In 8 years

U.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers, according to a report Thursday by the Federal Reserve Bank of New York.

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Related Topix: Bank of New York, Financial Services, Federal Reserve Bank of New York, Home, Mortgage, Personal Finance, Housing

The Advertiser

Banking giant warns of risks of Scottish independence

Scottish First Minister Alex Salmond is among those hoping for a 'yes' vote in next month's Scottish independent referendum THE owner of Clydesdale and Yorkshire Banks has become the latest business to warn of the risks it faces from Scottish independence saying a Yes vote could bring "significant additional costs".

Comment?

Related Topix: Financial Services, National Australia Bank

Brandon Sun

Students expect big debts but also think they'll pay it off quickly: polls

Getting a post-secondary degree can be an expensive endeavour, but a recent survey suggests that most students believe they'll be on track to pay off their student loans within five years of graduating.

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Related Topix: Financial Services, Bank of Montreal

Sun Aug 17, 2014

Yahoo!

Disappointing earnings weigh on market

The share market is flat as disappointing earnings from National Australia Bank and gold miner Newcrest offset gains in the retail and energy sectors.

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Related Topix: Financial Services, National Australia Bank

West Australian

NAB quarterly profit up 7%

National Australia Bank has lifted its cash profit seven per cent during the June quarter as lower costs offset a slide in revenue.

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Related Topix: Financial Services, National Australia Bank

Jacksonville Daily News

County to mull new banking contract

A proposed contract would cost almost $3,000 in average monthly banking fees if approved by Onslow County Board of Commissioners this week.

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Related Topix: Onslow County, NC, Financial Services, Pnc Financial Services GroupThe, Pinnacle Technologies, Startups

The Columbian

New snag for bridge plan?

Linda Figg, president and CEO of FIGG Engineering Group, gives her pitch to build an east county bridge over the Columbia River at a presentation in late July at the Clark County Public Services Center in downtown Vancouver.

Comment?

Related Topix: Clark County, WA, Vancouver, WA, Financial Services, Riverview Bancorp, Camas, WA

Lexington Herald-Leader

Tom Eblen: Take a closer look at Lexington's most striking Modernist buildings

People's Bank on North Broadway has been vacant for many years. Architect Sarah Tate says it is an excellent example of good Modernist architecture that has been altered little over the years.

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Related Topix: Peoples Bank, Financial Services, University of Kentucky, Lexington, KY

Bellingham Herald

Northrim Bank acquires Residential Mortgage

Northrim currently owns 23.5 percent of the mortgage company, and was an original investor.

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Related Topix: Home, Mortgage, Personal Finance, Northrim BanCorp, Financial Services

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