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Banking News

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

31 min ago | Newkerala.com

Doha Bank to buy HSBC Bank Oman business in India

Dubai, April 19 : Qatar-based Doha Bank has agreed to buy HSBC Bank Oman's business in India that has gross assets of Rs.350 crore .

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Related Topix: Financial Services, HSBC Holdings, Qatar, Middle East, World News

Sat Apr 19, 2014

Detroit Free Press

Mortgage lenders feeling big drop in business with end of refi boom

Nationwide, lenders made $226 billion worth of mortgages in the first quarter, down 57% from the same period a year ago, when borrowers were lining up to refinance their home mortgages at ultra-low interest rates, according to data from the Mortgage Bankers Association.

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Related Topix: Home, Mortgage, Personal Finance, Associated Press, Quicken Loans, FLAG Financial, Financial Services

Common Dreams

New Clinton-Era Docs Reveal Insider Push for Wall Street Deregulation

Writing in the Guardian newspaper on Saturday, journalist Dan Roberts details how newly released documents from inside the Clinton adminstration reveal how the president's economic advisors at the time downplayed the possible negative impacts of deregulating Wall Street as they pushed for measures that many critics say ultimately led to the ... (more)

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Related Topix: Financial Services, Citigroup, Home, Mortgage, Personal Finance, US News, Liberal Political News

News Times

Peter Russell, a Fairfield resident, has been named senior vice president, director of private bank lending, at Webster Private Bank.

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Related Topix: Stamford, CT, New Canaan, CT, Bank of New York, Financial Services, Citigroup

The Baltimore Sun

Conflict of interest questions raised in 1st Mariner fight

High finance is a small world just like Baltimore is a small town, and it showed as potential conflicts of interest cropped up during a fight over ownership of the city's biggest local bank.

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Related Topix: Economics News, Bankruptcy, First Mariner Bancorp, Financial Services

Noozhawk

Captain's Log: Temporary Closure of Goleta Pier a Hardship on the Community

Goleta Pier, at Goleta Beach Park , is a more important community resource than most folks understand.

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Related Topix: Financial Services, Community West Bancshares, Goleta, CA, Santa Barbara, CA

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

The competition features the t... Robbins Geller Rudman & Dowd LLP Files Class Action Suit against Certain Registered Public Stock Exchanges, Brokerage Firms and High Frequency Trading Firms )--The suit alleges defendants engaged in a scheme that was designed to and did manipulate the U.S securities markets and the trading of equities through high ... (more)

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Related Topix: Umpqua Holdings, Financial Services, Sterling Financial, US Global Investors, Investment Services, Marketing

Fri Apr 18, 2014

WTAQ-AM Green Bay

Associated Bank sees Q1 earnings grow, profits fall

Wisconsin's largest homegrown bank produced more earnings than expected in the first quarter of this year -- but its profits were still less than a year ago.

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Related Topix: Associated BancCorp, Financial Services, Green Bay, WI, Home, Mortgage, Personal Finance

National Public Radio

Providence, RI Sues Firms Over Stock Trades

The suit says stock exchanges, investment banks and others defrauded investors by manipulating market data in favor of split-second stock-trading firms.

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Related Topix: Providence, RI, Goldman Sachs, Financial Services, Investment Services, Cohen Group, Consulting, CitiMortgage, Citigroup, Computers

Customer Interaction Solutions

U.S. Bancorp Asset Management, Inc. Announces Financial Positions for Closed-End Funds

These distributions were declared on February 21, 2014, had an ex-dividend date of March 3, 2014, and were paid on March 19, 2014 to shareholders of record on March 5, 2014.

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Related Topix: US Bancorp, Financial Services, Multistat

The State

Tulsa businessman Kaiser joins Thunder ownership

Kaiser is president, CEO and primary owner of GBK Corp., parent of Kaiser-Francis Oil Company, which he has managed for 40 years.

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Related Topix: Financial Services, BOK Financial

Wall Street Journal

Grand Central: Bubbles, Bubbles, Toil, and Trouble

The difficulties of revamping bank oversight in the wake of the worst financial crisis in generations were palpable at a conference on financial markets this week sponsored by the Federal Reserve Bank of Atlanta.

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Related Topix: Federal Reserve Bank of Atlanta, Financial Services, Home, Mortgage, Personal Finance

WIVB-TV Buffalo

Website lists job openings in WNY, New York State

New York Governor Andrew Cuomo is encouraging job seekers to check out the Jobs Express website , where there are thousands of job openings listed.

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Related Topix: Andrew Cuomo, US Governors, MT Bank, Financial Services, Weird

Thu Apr 17, 2014

Journalgazette.net

Peoples Bancorp reports 32% quarterly earnings gain

Peoples Bancorp today reported second fiscal quarter earnings of $745,652, or 32 cents per diluted common share, a 32 percent hop from the $565,042, or 24 cents a share, posted for the prior year's second fiscal quarter.

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Related Topix: Peoples Bancorp, Financial Services

Canadian Business Magazine

Housing correction would damage Canada's economy, says BMO report

A sudden and sharp correction in the housing market could have a devastating impact on the Canadian economy overall, enough to trigger another recession, says a new Bank of Montreal report.

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Related Topix: Financial Services, Bank of Montreal

Journalgazette.net

Big achievements net Athena award

If you are interested in this story, you might be interested in others from The Journal Gazette.

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Related Topix: Fort Wayne, IN, Northeast Indiana Bancorp, Financial Services

Fortune

The real economy is finally doing better than the money economy

Here's a switch: The bankers are all of a sudden doing worse than the butchers, the bakers, and the candlestick makers.

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Related Topix: Financial Services, Bank of America, Tyson Foods, Food, Cheesecake Factory Incorporated The, Restaurant Management, Jarden, Manufacturing, Industrial Machines, Appliances, Financial Markets, Mortgage, Personal Finance

TheCourier.com

Fifth Third Bancorp 1Q Earnings Fall 25 Pct

Fifth Third Bancorp says its first-quarter net income fell 25 percent, mostly on a decline in its investment in its former Vantiv payment-processing subsidiary.

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Related Topix: Financial Services, Fifth Third Bancorp

The Hartford Courant

Citigroup shuns digital webcast for its shareholder meeting

Citigroup Inc , which aspires "to become the world's digital bank", will not webcast its annual meeting next week in St. Louis.

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Related Topix: Financial Services, Citigroup, Wells Fargo , Ansonia, CT

The Hartford Courant

Citi received mixed signals from the Fed on 'stress test': WSJ

The Federal Reserve indicated to Citigroup Inc that the bank would get more time to fix certain "stress test" planning problems before rejecting its capital plan last month, the Wall Street Journal reported, citing people close to the company.

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Related Topix: Financial Services, Citigroup, Ansonia, CT

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