Banking News

Nov. 20 -- Stuart Hoffman, chief economist with PNC Financial Services Group, talks with Bloomberg's Lori Rothman and Mark Crumpton about the outlook for Federal Reserve monetary policy and the U.S. economy.

Agrium Inc.'s reluctant U.S. takeover target, CF Industries Holdings Inc. , is making headway in a hostile bid of its own.

Stocks continued their slide after the market opened Friday as the dollar strengthens further, and after a week of mixed economic reports.

European stock markets rose Friday despite a drop in Asia as investors recouped some of the previous day's hefty losses ahead of a key speech from European Central Bank president Jean-Claude Trichet.

Like a boxer under siege, Treasury Secretary Timothy Geithner on Thursday rebuffed calls from Republicans to resign and slugged it out with lawmakers over Obama administration economic policies.

The Pennsylvania Public Utility Commission has unanimously approved the sale of Dominion Peoples, Pittsburgh's largest natural gas utility, to a San Francisco-based investors group subsidiary.

In this May 19, 2009 file photo, an office tower known as 1Chase Manhattan Plaza, occupied by JPMorgan Chase & Co., is shown in New York.

Citigroup Inc. said Thursday it named a former Merrill Lynch executive, Steve Bodurtha, as managing director and head of investments for Citi Private Bank in North America.

Some U.S. Bank debit card customers now have access to the Visa Mobile application, enabling customers to manage their Visa accounts using mobile devices.

Nov. 18 -- Robert Eisenbeis, chief monetary economist at Cumberland Advisors Inc.

US investment bank JP Morgan Chase will later Thursday unveil a one-billion-pound deal to buy 190-year-old London stockbroker Cazenove, a newspaper said.

The euro zonea s top economic policymakers on Tuesday backed comments by U.S. Federal Chairman Ben Bernanke about the importance of a strong dollar, helping to stress international concern about the U.S. currency.

Federal Reserve Bank of St. Louis President James Bullard said past experience suggests policy makers may not start to raise rates until early 2012, while facing a a oetoo low for too longa argument that may a oeweigh heavilya on the central bank.

In this Dec. 14, 2007 file photo, a traveler uses a Delta Airlines credit card to buy an airline e-ticket at the Bob Hope Airport in Burbank, Calif.

Wells Fargo & Co. has expanded its rewards program by adding an online shopping site that allows members to earn bonus points for purchases they make at participating online merchants.

Nov. 17 -- Russ Gerson, chief executive officer of the Gerson Group, talks with Bloomberg's Betty Liu and Dan Colarusso about the outlook for Bank of America Corp.'s leadership.

Citigroup Inc said on Tuesday it boosted the base salaries for its chief financial officer and a global markets co-head, but still plans to pay Chief Executive Vikram Pandit $1 for the year.

In this undated theater publicity image released by Center Theatre Group , Julia Stiles, left, and Bill Pullman are shown in a scene from the Los Angeles production of "Oleanna." The Broadway revival of David Mamet's "Oleanna" is folding after a 97-performance run.

Swiss bank UBS AG, which has been plagued by losses and customer withdrawals, said Tuesday it aims to make an annual pretax profit of 15 billion Swiss francs in three to five years.

American clients who hid more than 1 million Swiss francs in undeclared bank accounts with UBS AG between 2001 and 2008 could have their details turned over to the U.S. government, Swiss officials said Tuesday.