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Financial Service News

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

19 min ago | AmericanBankingNews.com

Principal Financial Group Given Average Rating of "Hold" by Analysts

Principal Financial Group has received a consensus recommendation of "Hold" from the fifteen brokerages that are presently covering the company, AR Network reports .

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Related Topix: Principal Financial Group, Investment Services, Insurance

3 hrs ago | KOLN-TV Lincoln

Ex-Omaha Bank President Banned from Banking

The Federal Deposit Insurance Corp. says Michael Dahir, who served as the bank's president and CEO from 1988 until 2012, breached his fiduciary duty to the bank and caused it to incur losses.

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Related Topix: Federal Deposit Insurance

Sat Aug 30, 2014

Salisbury Journal

Lloyds duo ride the length of Britain for charity

A SENIOR advisor from Lloyds bank in Salisbury is planning to cycle from Lands End to John O'Groats to raise money for the Alzheimer's Society.

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Related Topix: Lloyds TSB Group

Yahoo!

Greece looks to debt relief in EU-IMF talks

A delegation of senior Greek ministers heads into meetings in Paris with EU-IMF creditors on Tuesday hoping to win a direly-needed new round of debt relief to propel economic recovery.

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Related Topix: European Central Bank, Banking

Patch.com

How You Can Donate to Help the Victims of the Napa Earthquake

Wells Fargo & Company said Thursday that the company will donate $50,000 to the American Red Cross of Napa County for relief efforts to support those impacted by the 6.0-magnitude South Napa Earthquake.

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Related Topix: Wells Fargo , Banking, Napa, CA, Earthquake, Natural Disasters, Startups, Wells Fargo Home Mortgage, Institutional Venture Partners

Connecticut Post

Despite the economy's recovery since the 2008 financial crisis, small businesses still have difficulty securing credit, according to a survey released by the Federal Reserve Bank of New York.

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Related Topix: Small Business, Personal Finance, Bank of New York, Banking, Federal Reserve Bank of New York, New Rochelle, NY

Bangkok Post

Thai sugar heads for NY bourse

Traders may ship Thai raw sugar equivalent to 16% of the global surplus against the October contract on the ICE Futures US exchange, the first deliveries from the Asian nation since 2012.

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Related Topix: UBS Investment Bank, Investment Banking, UBS Financial Services, Investment Services, Agriculture, Science

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, Banking, JP Morgan Chase , Reuters, Jefferson Pilot Corporation, Insurance

Fri Aug 29, 2014

Sys-Con Media

Global Private and Public Cloud Market in Financial Services Industry ...

Financial services are the services offered by the Financial sector that help credit companies, insurance companies, accounts companies banks, and investment funds, and certain finance firms manage capital.

1 comment

Reuters

Part of Espirito Santo empire may try to block sale of insurer

Part of the troubled business empire of Portugal's Espirito Santo family said on Friday it may try to block the planned sale of an insurance company it once controlled, adding to opposition already expressed by a group of investors.

1 comment

Related Topix: Espirito Santo Financial Group SA, Brazil, World News

KMIR 6

Economic sanctions spare Western-tied Russian fund

Western business connections are complicating efforts to bring economic sanctions against executives and companies closely aligned with Russian President Vladimir Putin's inner circle.

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Related Topix: Vladimir Putin, Blackstone Group, Advertising, BlackRock, Investment Services, Illinois, US Politics, US News, Barack Obama, Europe, World News, Germany

Reuters

SoftBank's first Sony smartphone deal takes aim at U.S. market

Japan's SoftBank Corp and its U.S. mobile carrier Sprint Corp will offer a Sony smartphone for the first time, sources with knowledge of the matter said, as the two technology titans confront daunting challenges in the U.S. market.

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Related Topix: SoftBank, Investment Services, Sprint Nextel, Telecom, IT Services, iPhone

Detroit News

Southfield mayor to honor 6 centenarians

The mayor of Southfield will honor six people from 101-106 years old in a ceremony at a Southfield senior living community.

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Related Topix: Southfield, MI, Brookdale Senior Living, Accounting

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: Automakers, Commonwealth Bank of Australia, Brilliance China Automotive Holdings, Banking, National Australia Bank

Thu Aug 28, 2014

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: European Central Bank, Banking

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: Banking, 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: Banking, Bank of America, Home, Mortgage, Personal Finance

Detroit News

Detroit secures up to $275M in financing from Barclays

The city secured up to $275 million in financing - money that will help bankroll Detroit's restructuring if the city successfully emerges from bankruptcy court and pay off debts.

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Related Topix: Detroit, MI, Investment Banking, Barclays Capital, Economics News, Bankruptcy

SFGate

US bank earnings up 5.2 pct in 2Q

We have re-imagined our design in a bold new way. Before we roll it out for everyone, we are giving select readers an opportunity to try out the new design.

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Related Topix: Federal Deposit Insurance, Home, Mortgage, Personal Finance, Business News

Reuters

Valeant, Ackman get October 6 trial over Allergan special meeting

If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links.

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Related Topix: Allergan, Biotech, AckmanZiff Real Estate Group, Hume, NY

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