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3 big banks nearly halt foreclosure sales after U.S. tweaks orders
Sales of homes in foreclosure by Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. ground nearly to a halt after regulators revised their orders on treatment of troubled borrowers during the 60 days before they lose their homes. The banks...
Tags: Mortgages, JPMorgan Chase & Co., Foreclosures, Office of the Comptroller of the Currency, Financial and Business Services
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Bank robbery suspect in San Diego arrested after hailing a cab
A 57-year-old man was arrested Saturday on suspicion of bank robbery after being spotted leaving the bank in a cab, San Diego police said. Andrew Geils was arrested minutes after a robbery at a Citibank branch in downtown San Diego. Witnesses reported...Tags: Theft, Crimes, Police Arrests, Crime, Law and Justice, Bank Robbery
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J.C. Penney woes may persist as Best Buy rebounds
For a while, J.C. Penney and Best Buy seemed to be doppelgangers. The two retailers struggled with intensifying competition after years of comfortable stagnation. Beset by Wall Street skepticism and shaky consumer loyalty, each made sweeping attempts at...
Tags: Kohl's, George Soros, Marketing, Ball State University, JC Penney Company Inc.
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Iron Man robs bank, Spider-Man steals $6,000. Who's next?
First Spider-Man, now Iron Man? We’re in for real trouble if the Incredible Hulk turns on us. For the second time in a week, authorities are looking for a masked superhero that has robbed citizens of their hard-earned dollars. According to the...
Tags: FBI, Theft
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BofA settles another mortgage lawsuit but is facing a new one
NEW YORK — As Bank of America Corp. pulls itself free from a swamp of mortgage liabilities, new troubles keep threatening to suck it back under. BofA agreed to settle a big insurer's claims over faulty mortgage bonds for $1.7 billion Monday. But...
Tags: JPMorgan Chase & Co., U.S. Department of Housing and Urban Development, Mortgages, Insurance, Economy, Business and Finance
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N.Y. to sue Wells Fargo, Bank of America over mortgage practices
NEW YORK -- New York state's attorney general plans to sue Wells Fargo and Bank of America over alleged violations of a national mortgage settlement reached last year. Atty. Gen. Eric Schneiderman's office said Monday it intends to sue the banks for...
Tags: Mortgages, Banking, JPMorgan Chase & Co., Trials, Financial and Business Services
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Mortgage settlement violations persist in California, group says
NEW YORK -- Violations of a landmark mortgage settlement alleged by New York's attorney general are also widespread in California, a housing advocacy group says. “Banks aren’t doing what they’re supposed to be doing to help people stay...
Tags: Mortgages, Lobbying, JPMorgan Chase & Co., Politics, Investments
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Economist Zandi said to be candidate for key federal housing post
WASHINGTON -- Economist Mark Zandi reportedly is being considered by the Obama administration to head the federal agency that oversees taxpayer-owned Fannie Mae and Freddie Mac as the White House seeks a candidate who could avoid Republican opposition...
Tags: John McCain, Politics, Republican Party, Services and Shopping, Moody's Corporation
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Boxer urges investigations into banks' mortgage pact adherence
Saying too many homes have been lost “to bank malfeasance or error,” Sen. Barbara Boxer called for federal investigations into whether banks are breaking the consumer-protection pledges they made in last year’s $26-billion settlement...
Tags: Mortgages, JPMorgan Chase & Co., Shaun Donovan, Malpractice, Financial and Business Services
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'Connections' ad campaign will present a humbler Bank of America
Can the ultimate too-big-to-fail bank persuade customers that it is humble? A new Bank of America Corp. ad campaign is taking on that task, with the tag line "Life's Better When We're Connected" replacing “Bank of Opportunity.” “We...
Tags: National Collegiate Athletic Association, Banking, Advertising, Countrywide Financial Corp., Bank of America Corp.
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WellPoint posts 3% profit gain and raises full-year outlook
Insurance giant WellPoint Inc. reported a 3% increase in first-quarter profit and raised its full-year outlook as the company prepares for major changes under the federal healthcare overhaul. WellPoint, which runs Anthem Blue Cross in California and...
Tags: Amerigroup Corp., Companies and Corporations, Insurance, Mergers, Acquisitions and Takeovers, Earnings Forecasts
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Customers more satisfied with big banks, J.D. Power survey says
Megabanks still lag behind their smaller brethren in customer satisfaction, but the goliaths are catching up, according to a national survey that ranked JPMorgan Chase Bank highest among the big dogs and Bank of America lowest. The J.D. Power and...
Tags: Banking, JPMorgan Chase & Co., Marketing, City National Corporation, Bank of America Corp.
May 19, 2013
|Story| Los Angeles Times
May 11, 2013
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May 10, 2013
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May 9, 2013
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May 7, 2013
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May 6, 2013
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May 6, 2013
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Apr 15, 2013
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Apr 12, 2013
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Apr 5, 2013
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Apr 25, 2013
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Apr 18, 2013
|Story| Los Angeles Times
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