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Financial Service News

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

2 hrs ago | InvestmentNews

Breaking down the role of the ETF strategist

Vernon C. Sumnicht saw the writing on the wall about a decade ago. The certified financial planner and money manager, who at the time charged fees of 1.5% annually, submitted a carefully worded proposal to consult a foundation on its investment portfolio.

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Related Topix: BlackRock, Investment Services, Publishing, Media, Morningstar, Marketing

6 hrs ago | 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: Banking, Citigroup, Home, Mortgage, Personal Finance, US News, Liberal Political News

10 hrs ago | Philly.com

Margolies seems to be losing fund-raising race

It turns out a visit from Bill Clinton isn't the only thing Marjorie Margolies needs to complete her political comeback.

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Related Topix: Federal Election Commission, Philadelphia, PA, Montgomery County, PA

14 hrs ago | 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, Banking

18 hrs ago | Real Bollywood

Miley Cyrus cancels more Bangerz gigs

Los Angeles, April 19: Singer Miley Cyrus is still in the hospital following a severe allergic reaction after she took antibiotics.

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Related Topix: Miley Cyrus, Pop/Rock, Nashville, TN, Scottrade, Investment Services

22 hrs ago | 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, Banking, Green Bay, WI, Home, Mortgage, Personal Finance

Fri Apr 18, 2014

KSAT-TV San Antonio

Police: Girl remembers sex assault during school presentation

NIGHT'S RAIN. LESLIE, DAVID? THANK YOU, DETECTIVE. NEW THIS MORNING A SCHOOL PRESENTATION BRINGS BACK SOME DISTURBING MEMORIES FOR A TEEN-AGE GIRL.

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Related Topix: US Global Investors, Investment Services

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, Investment Services, Cohen Group, Consulting, Banking, CitiMortgage, Citigroup, Computers

Lincoln Daily News

Apache CEO, Vermont activist build alliance on climate issues

Steve Farris runs a $33 billion Texas oil and gas company and turns, for advice, to a bearded Vermont environmentalist.

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Related Topix: Apache, Oil & Gas, Activism, Stanley, Morgan Stanley, Energy, Chevron Corporation

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: BOK Financial, Banking

West Australian

Ex-Goldman director Gupta to surrender June 17 in insider case

U.S. District Judge Jed Rakoff in Manhattan directed Gupta to surrender by 2:00 p.m. EDT on that date to start serving his sentence at an institution chosen by the Federal Bureau of Prisons, according to an order issued on Thursday.

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Related Topix: Goldman Sachs, Investment Services, Second Circuit Court of Appeals, US News, Criminal Defense Law, Law

WSOCTV

Duke: Coal ash spill won't affect bottom line

Duke Energy told shareholders Thursday that cleanup costs resulting from its massive coal ash spill into the Dan River won't have a material effect on the $50 billion company's bottom line.

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Related Topix: Duke Energy, Energy, US Securities and Exchange Commission, North Carolina, Pat McCrory, US Governors, Environmental Law, Law

Finextra Research news

Financial Services and Retail band together to fight Fraud - community blog from Robert Siciliano

Finally, retailers and banks have agreed to work together to fight data breach incidents, foregoing the finger-pointing of who's responsible for prevention and recovery .

4 comments

Related Topix: MasterCard

Thu Apr 17, 2014

The Modesto Bee

California cross-border airport clears key hurdle

The agreement requires the investor group to pay the salaries of U.S. border inspectors and the cost of inspection facilities on a pedestrian bridge from Tijuana's existing airport into the United States, Commissioner R. Gil Kerlikowske said during a brief interview on a visit to San Diego.

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Related Topix: World News, Mexico, Equity Group Investments, Investment Services

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: Fifth Third Bancorp, Banking

ABC News

Weibo Shares Jump in Market Debut

Weibo provides a Twitter-like service that allows users to post up to 140 Chinese characters to share with others.

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Related Topix: US Securities and Exchange Commission

National Public Radio

Wal-Mart Jumps Into The Money Transfer Biz, Loudly

The world's largest retailer introduced a new money transfer service Thursday that it says will cut fees for its low-income customers by up to 50 percent compared with similar services elsewhere.

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Related Topix: Euronet Worldwide

National Public Radio

Mostly Positive US Earnings Send Stock Futures Up

Stocks are headed for a fourth gain in a row after several big-name U.S. companies reported encouraging first-quarter results.

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Related Topix: Financial Markets, Goldman Sachs, Investment Services, Stanley

Sunherald.com

Goldman's income falls 11 percent, still beats

The bank earned $1.95 billion in the quarter, down 11 percent from $2.19 billion in the same period a year earlier.

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Related Topix: Goldman Sachs, Investment Services

Reuters

Wal-Mart to unveil new service with electronic payments provider

Wal-Mart Stores Inc said on Wednesday that it will announce a new service with electronic payments provider Euronet Worldwide Inc on Thursday, but gave no other details.

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Related Topix: Retail, Wal Mart Stores, Euronet Worldwide, Leawood, KS

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