New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp, Wells Fargo and Co and other banks violated the terms of a settlement designed to end mortgage... Read More
from FOX News
NEW YORK, May 24 (Reuters) - NY Attorney General Eric Schneiderman says several states have evidence banks violated terms of national mortgage settlement Read More
category
companyNews
Report: BofA looking to sell 40 PA branches
Today 11:07 EDT
Bank of America is looking to sell about 40 branches in rural areas of northeastern Pennsylvania and southeastern New York and at least one local bank is rumored to be interested in buying some of... Read More
from Business Journals
Even after they left U.S. Century Bank, many directors continued to benefit from their relationship, according to newly released data for 2012... Read More
from Business Journals
Options Volume: Emerging Markets Back in Play
Today 7:27 EDT
Toshiba, KKR to bid for Panasonic healthcare unit-sources
Today 2:22 EDT
TOKYO, May 24 (Reuters) - Toshiba Corp and U.S. private equity firm Kohlberg Kravis Roberts & Co (KKR) are among those expected to bid for Panasonic Corp's healthcare business, financial sources with... Read More
category
companyNews
Readers react to small-business banking story
May 23, 2013
In five years at the CBJ, I’ve learned few things touch the nerves of our readers more than articles about small-business lending... Read More
from Business Journals
Analyst Moves: BA, TOL, SPLS
May 23, 2013
This morning, Bank of America increased its price target on shares of Boeing (BA) to $120 as the company should be able to deliver more 737s and 787s this year. In the report, Bank of America... Read More
category
Stocks
from Market News Video
NEW YORK, May 23 (Reuters) - Merrill Lynch's wealth management unit said it hired four teams of advisers from rivals Morgan Stanley and Wells Fargo Advisors since late April. Read More
category
companyNews
Analyst Moves: STX, HOT, HPQ
May 23, 2013
This morning, Deutsche Bank upgraded shares of Seagate (STX) from hold ot buy citing improved growth at the company. In the report, Deutsche Bank set a $46 price target. Read More
category
Stocks
from Market News Video
from ACCESSWIRE
Charlotte sports marketer Tamera Green launches firm
May 23, 2013
A familiar face in sports marketing has launched a firm of her own. Charlotte-based Viridian Marketing is the brainchild of Tamera Green, a former executive at GMR Marketing and IMG’s office in... Read More
from Business Journals
Citi leads financial stocks lower
May 23, 2013
from MarketWatch
from Forbes Real Time
Stocks Drop on Stimulus Fears, Weak China Data
May 23, 2013
Stocks dropped at the open, as global markets were roiled by uncertainty about when the U.S. Federal Reserve may start curtailing bond purchases and an unexpected contraction in Chinese factory... Read More
from CNBC.com News
Options Volume: JPM Puts Overtake Calls
May 23, 2013
Today was the first day in the markets for some time when the laws of gravity were in evidence as the overwhelming factor of consideration. When the notion that trees don't grow to the sky became once... Read More
from Forbes Real Time
May 22 (Reuters) - Morgan Stanley's head of fixed income, Ken deRegt, is retiring from the firm, according to internal bank memos obtained by Reuters, after the company sustained a more than 40 percent... Read More
category
companyNews
Bank of America filed a lawsuit against three former directors of U.S. Century Bank, two of whom are executives at Sedano’s Supermarkets, over a land loan in Florida City... Read More
from Business Journals
You’ve gotta give it to JPMorgan Chase & Co. — what it lacks in numbers here it makes up for in emphasis... Read More
from Business Journals
Tectonic plates are shifting within the Fed’ Federal Open Market Committee (FOMC) as hawks and doves battle it out over QE. The FOMC minutes for April/May meeting, released on Wednesday hours after... Read More
from Forbes Real Time
More than 2,000 New Mexico borrowers have received $100 million in relief as part of the national mortgage settlement negotiated last year by state attorneys general with the top five mortgage... Read More
from Business Journals
Chase is putting the National Mortgage Settlement behind it. In its final report on the 49-state, $25 billion settlement, Chase reports it aided 126,000 U... Read More
from Business Journals
The complex legal wrangling between the owner of the Versace Mansion on Miami Beach, his lenders and restaurateur Barton Weiss has taken its toll, contributing to a 25 percent reduction in the asking... Read More
from Business Journals
The Biggest Borrowers From Uncle Ben Bernanke
May 22, 2013
from Forbes Real Time
Bernanke's QE Dance: Fed Could Taper In Next Two Meetings, Tightening Would Collapse The Market
May 22, 2013
Markets went on a wild rollercoaster ride as Fed Chairman Ben Bernanke addressed Congress’ Joint Economic Committee, first making it clear that tapering QE today would be unproductive, then admitting... Read More
from Forbes Real Time
MEXICO CITY, May 22 (Reuters) - Creditors of struggling Mexican homebuilder Homex could seek accelerated payment of the company's debt after Homex missed payments on derivative positions, according to... Read More
category
companyNews
Here Are 14 Yearbook Photos of Business Big Shots
May 22, 2013
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