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Banking News

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

1 hr ago | AmericanBankingNews.com

Insider Buying: Northrim BanCorp Director Buys 2,000 Shares of Stock

Northrim BanCorp Director David G. Wight purchased 2,000 shares of the company's stock on the open market in a transaction dated Thursday, August 28th.

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Related Topix: Financial Services, Northrim BanCorp

4 hrs ago | Times of Oman

Unaware of any - significant' cyber attack, says US banking group

A sign outside the headquarters of JP Morgan Chase in New York, in this September 2013 file photo.

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Related Topix: Computer Security, Science / Technology, JP Morgan Chase , Reuters, Jefferson Pilot Corporation, Insurance, Financial Services

8 hrs ago | News Max

Next Bank Bailout Could Come After a Cyber-Terror Attack

Bankers and U.S. officials have warned that cyber-terrorists will try to wreck the financial system's computer networks.

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Related Topix: JP Morgan Chase , Computer Security, Science / Technology

15 hrs ago | KHOU-TV Houston

Bank hack attack: What you should doBank hack attack: What you should ...

Bank hack attack: What you should do Bank hack attack: What you should do Check out this story on KHOU.com: http://www.khou.com/story/money/business/2014/08/28/bank-hack-attack-what-you-should-do/14747999/ This is an example of a phishing email reported by the computer security company ProofPoint, in Sunnyvale, Calif.

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Related Topix: Computer Security, Science / Technology, Santa Clara County, CA, Sunnyvale, CA, JP Morgan Chase

20 hrs ago | Sydney Morning Herald

Is this as good as it gets for the big four banks?

While the banks reported bumper results, there's concern it may be as good as it gets for investors.

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

Thu Aug 28, 2014

WMC-TV Memphis

High school buddies followed similar path to jihad

Southern California is seeing the kind of epic surf usually associated with Hawaii or Tahiti.

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Related Topix: Prison, US Bancorp, Financial Services, Robbinsdale, MN

KCRA-TV Sacramento

The people who create their own 'countries'

Scotland will next month decide in a referendum whether it wants to go it alone as an independent country and split away from the United Kingdom.

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Related Topix: Financial Services, Macquarie Bank, Prison, Travel, Autos

Reuters

Bank of America seeks to void verdict in $1.27 billion 'Hustle' case

Bank of America Corp on Thursday asked a federal judge to throw out a jury verdict finding it liable for fraud over defective mortgages sold by its Countrywide unit that resulted in a $1.27 billion penalty.

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

Silicon Alley Insider

ECB's Coeure Says Action Needed For Euro Zone Recovery

Economic recovery in Europe requires action both on the demand and supply sides and persistence with structural reforms, European Central Bank Executive Board member Benoit Coeure said on Thursday.

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Related Topix: Financial Services, European Central Bank

BBC News

FBI probe JP Morgan 'cyber-attack'

JP Morgan Chase declined to comment on the reports directly, but said companies of its size experienced cyber-attacks "nearly every day".

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Related Topix: JP Morgan Chase , US Federal Bureau of Investigation, US News

Reuters

China's ICBC says hopes to issue 35 billion yuan of preference shares

Industrial and Commercial Bank of China could issue up to 35 billion yuan of overseas preference shares within the year, the bank's Chairman Jiang Jianqing said at a media conference in Beijing on Thursday.

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Related Topix: Independence Community Bank, Financial Services

News Max

Russian Hackers Said to Attack Five Banks Seeking Customer Data

Russian hackers attacked JPMorgan Chase & Co. and at least four other banks this month in a coordinated assault that resulted in the loss of gigabytes of customer data, according to two people familiar with the investigation.

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Related Topix: Computer Security, Science / Technology, JP Morgan Chase , US News, US Federal Bureau of Investigation

Nanaimo Daily News

Canadian Western Bank posts record quarterly earnings of $56.6M; revenue up 11%

Canadian Western Bank has reported record quarterly earnings in the third quarter amid an 11 per cent increase in total revenue.

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Related Topix: Financial Services, Canadian Western Bank

Sydney Morning Herald

Bullying complaint: 2GB sacks Roach

Steve Roach has confirmed he has been sacked by radio station 2GB as a result of a bullying complaint made by a staff member.

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Related Topix: Financial Services, Macquarie Bank

Wed Aug 27, 2014

Reuters

FBI, Secret Service investigate reports of cyber attacks on U.S. banks

The U.S. Federal Bureau of Investigation said it is investigating media reports that several U.S. financial firms have been victims of recent cyber attacks.

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Related Topix: US Secret Service, US News, US Federal Bureau of Investigation, JP Morgan Chase , Computer Security, Science / Technology

Connecticut Post

Q-and-A on Westerners who join the fight in Syria

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

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Related Topix: Hennepin County, MN, US Bancorp, Financial Services, Terrorism

Cybercast News Service

Q-and-A on Westerners who join the fight in Syria

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

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Related Topix: Hennepin County, MN, US Bancorp, Financial Services, Terrorism

Wall Street Journal

FBI Probes Possible Hacking at J.P. Morgan

The Federal Bureau of Investigation is probing a computer-hacking attack on J.P. Morgan Chase & Co.

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Related Topix: JP Morgan Chase , US Federal Bureau of Investigation, US News, Opinion

ABC News

Reports: FBI Probes JPMorgan Hack

The FBI is investigating a hacking attack on JPMorgan Chase and at least one other bank, according to reports citing unnamed sources familiar with the matter.

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Related Topix: JP Morgan Chase , Science / Technology, Computer Security

Reuters

PwC must face $1 billion lawsuit over MF Global advice

A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global Holdings Ltd, a brokerage run by former New Jersey Governor Jon Corzine.

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Related Topix: Reserve Bank of Australia, Financial Services, PricewaterhouseCoopers, Accounting, Economics News, Bankruptcy, Jon Corzine, US Governors

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