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Financial Service News

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

4 hrs ago | SFGate

Stocks gain on reassurance from a top Fed official

Reassuring comments from a Federal Reserve official and better earnings from two big retailers helped push the stock market higher Tuesday.

Comment?

Related Topix: Financial Markets, Federated Investors, Investment Services, Banking, JP Morgan Chase , Ben Bernanke, Business News

5 hrs ago | The Miami Herald

Ocean Bank names Juan del Busto to its board

Ocean Bank said Tuesday that Juan del Busto, the former regional executive of The Federal Reserve Bank of Atlanta's Miami branch and current chairman of Del Busto Capital Partners, has joined Ocean Bank's board of directors.

Comment?

Related Topix: Federal Reserve Bank of Atlanta, Banking

9 hrs ago | Indiana's NewsCenter

Community Harvest Food Bank Collecting Ready-To-Eat Foods For OKC Relief

The Community Harvest Food Bank of Northeast Indiana has announced ways that our community can help out with the Oklahoma Tornado relief efforts.

Comment?

Related Topix: Northeast Indiana Bancorp, Banking

13 hrs ago | Fox 23

Ex-Goldman exec jailed for insider trading seeks retrial

Flash Flood Watch expires at 7:00 PM on 5/21, issued at 9:29 AM Kiamichi Christian Mission, OK A lawyer for a former board member at Goldman Sachs and Procter & Gamble Co., who was convicted on insider trading charges, has told an appeals court that his client deserves a new trial.

Comment?

Related Topix: Goldman Sachs, Investment Services

13 hrs ago | Wall Street Journal

HSBC's Thornton Stepping Down

PLC said Monday that John Thornton, a director who played a pivotal role in a 2010 power struggle at the bank, will step down this month to spend more time on other business interests.

Comment?

Related Topix: HSBC Holding, HSBC Holdings, Banking, Barrick Gold, Mining

13 hrs ago | Reuters

Analysis: Some Republicans see new scandal in Sebelius fundraising

With the White House already reeling from three major controversies, some Republican lawmakers are zeroing in on what they perceive is another possible scandal tied to President Barack Obama's landmark health reform law just as it nears implementation.

Comment?

Related Topix: US News, 2012 Presidential Election, US Politics, Barack Obama, Non-Profit, Accounting, H and R Block, Robert Wood Johnson Foundation, Charitable Organizations

17 hrs ago | Hollywood Reporter

Cannes Crime Spree Continues With More Burglaries, Physical Attacks

"In the span of an hour they had gotten into the house through the roof and gone through all of our rooms," says CIT Group managing director Kevin Khanna, whose villa was robbed Monday.

Comment?

Related Topix: CIT Group, Entertainment

18 hrs ago | Business Journal

Wells Fargo slows foreclosure sales, while Bank of America continues

Wells Fargo & Co. , JPMorgan Chase & Co. and Citigroup Inc. have nearly halted foreclosure sales after federal regulators revised orders on how the troubled borrowers were to be treated before losing their homes.

Comment?

Related Topix: Foreclosures, Wells Fargo , Banking, Bank of America, Startups, Mach One, Institutional Venture Partners

18 hrs ago | Echo-news.co.uk

Work 50 miles away or lose redundancy, bank staff told

A SENIOR manager at Lloyds fears staff who don't take up roles 50 miles away from Southend will lose their redundancy payments.

Comment?

Related Topix: Lloyds TSB Group

22 hrs ago | EKathimerini

Large rescue effort contains Patra hotel fire

A large fire that broke out in the hotel Astir in the western port of Patra on Tuesday was brought under control by a unit of 30 firefighters manning 10 fire engines.

Comment?

Related Topix: Europe, Greece, World News, Banking, European Central Bank

Yesterday | Reuters

Goldman exits China's ICBC, seven years and billions later

From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.

Comment?

Related Topix: Goldman Sachs, Investment Services, Reuters, Independence Community Bank, Banking

Yesterday | Reuters

Sprint receives SoftBank waiver to consider Dish offer

Sprint Nextel Corp said its Japanese suitor SoftBank Corp granted it a waiver allowing it to consider a $25.5 billion rival bid by Dish Network Corp, as pressure mounts on SoftBank to sweeten its offer for the No.

Comment?

Related Topix: SoftBank, Investment Services, Sprint Nextel, Telecom, IT Services, Financial Markets

Mon May 20, 2013

AmericanBankingNews.com

Discover Financial Services PT Raised to $54.00 at Janney Montgomery Scott

The firm currently has a "buy" rating on the stock. A number of other firms have also recently commented on DFS.

Comment?

Related Topix: Janney Montgomery Scott, Investment Services, Discover Financial Services

Cape Cod Times

Database: U.S. Senate race contributions

A new searchable Times database shows what individuals from Cape Cod and elsewhere contributed money to the US Senate candidates here in Massachusetts.

Comment?

Related Topix: Edward Markey, US Politics, US News, US House of Representatives, Democrat, Massachusetts, Massachusetts Government, Federal Election Commission

WCNC-TV Charlotte

Armed bank robbers flee with $5K in stolen vehicle

A second bank was robbed in the Charlotte area on Monday morning. The Iredell County Sheriff's Office said the Bank Of America on North Main Street in Troutman was robbed by two men around 9:30 a.m. The armed men fled with $5100 in cash in a gray Buick Century that was reported stolen in Charlotte early Monday morning, police say.

Comment?

Related Topix: Iredell County, NC, Banking, Bank of America, Troutman, NC, Albemarle, NC

Russia Taday

Portugal bankers warn EU to stop 'playing with fire'

The heads of Portugal's biggest banks Millenium BCP and Banco Espirito Santo, have called on European leaders to stop "playing with fire" and alarming depositors in Eurozone economies.

Comment?

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

Business Journal

Enterprise Bank wraps up Gorman & Gorman acquisition

Enterprise Bank & Trust has acquired the operating assets of Gorman & Gorman Home Loans, a division of F&M Bank and Trust Co.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Springfield, MO, Enterprise Financial Services, Banking, Hannibal, MO

Fox News

GE Capital plans to pay $11 billion in dividends to GE

GE Capital Corp's board has approved a plan to pay $6.5 billion in dividends and a further $4.5 billion in special dividends to parent General Electric Co in 2013.

Comment?

Related Topix: Aerospace-Defense, General Electric, Business News

Journal Gazette

teacher honor roll / education notebook

Kate Mann poses with her fourth-grade class at Lafayette Meadows Elementary. Mann was named the Teacher Honor Roll winner for the week.

Comment?

Related Topix: Family, Kids, Tower Financial, Banking, Fort Wayne, IN

Sun May 19, 2013

Bloomberg

Gold Bear Bets Reach Record as Soros Cuts Holdings: Commodities

Hedge-fund managers are making the biggest ever bet against gold as billionaire George Soros sold holdings last quarter and Goldman Sachs Group Inc.

Comment?

Related Topix: Goldman Sachs, Investment Services, BlackRock, Financial Markets, Soros Fund Management

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