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Highlights

A collection of news and information related to Banking published by this site and its partners.

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    May 22, 2013 |Story| Los Angeles Times

  1. BofA, JPMorgan say they have fulfilled mortgage settlement terms

    Bank of America Corp. and JPMorgan Chase & Co. say they have satisfied their obligations to help troubled borrowers under last year's landmark mortgage settlement with state and federal officials.
    Bank of America Corp. and JPMorgan Chase & Co. say they have satisfied their obligations to help troubled borrowers under last year's landmark mortgage settlement with state and federal officials. Another bank that signed the settlement, Wells Fargo &...

    Tags: Investments, Finance, Economy, Business and Finance, Bank of America Corp., Citigroup Incorporated

    2. May 17, 2013 |Story| Los Angeles Times

  2. Malibu retreat with four-star pedigree for sale

    Actor <strong>Nick Nolte</strong> has put a Malibu compound up for sale that has seen a galaxy of stars come through its arched entryway.
    Actor Nick Nolte has put a Malibu compound up for sale that has seen a galaxy of stars come through its arched entryway. Besides Nolte, other notables to have owned the house include comedian Tommy Chong, Don Felder of the Eagles and music producer...

    Tags: The Company You Keep (movie), Elton John, Man of Steel (movie), Music Industry, Entertainment Events

    3. May 13, 2013 |Story| Los Angeles Times

  3. Europe could drop interest rate below zero on excess bank deposits

    WASHINGTON -- The European Central Bank could reduce the interest rate it pays on excess bank deposits to below zero to boost growth in the recession-plagued region, a top official said. The comments over the weekend by Italian Central Bank chief...

    Tags: Central Bank, Finance, Economy, Business and Finance, CNBC (tv network), Federal Reserve

    4. May 10, 2013 |Story| Los Angeles Times

  4. Father and son arrested at LAX, charged in separate fraud schemes

    A father and son were arrested Thursday in connection with separate fraud schemes -- one of them a shakedown that targeted small businesses -- moments before boarding a Russia-bound plane.
    A father and son were arrested Thursday in connection with separate fraud schemes -- one of them a shakedown that targeted small businesses -- moments before boarding a Russia-bound plane. Viktor Ryzhkin, 45, and his son Evgenii Ryzhkin, 22, of Los...

    Tags: Business, Punishment, Police Arrests, Los Angeles International Airport, Small Businesses

    5. May 7, 2013 |Story| Los Angeles Times

  5. BofA settles another mortgage lawsuit but is facing a new one

    NEW YORK &mdash; As Bank of America Corp. pulls itself free from a swamp of mortgage liabilities, new troubles keep threatening to suck it back under.
    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: Bank of New York Company, Politics, Crime, Law and Justice, Justice System, Lawyers

    6. May 6, 2013 |Story| Los Angeles Times

  6. 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.
    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: Bank of America Corp., Litigation, Citigroup Incorporated, Financial and Business Services, Mortgages

    7. May 8, 2013 |Story| Los Angeles Times

  7. Patricia Heaton, David Hunt sell in Hancock Park for $8 million

    Actress Patricia Heaton, who stars in &ldquo;The Middle,&rdquo; and her husband, actor David Hunt, have sold their home in Hancock Park for $8 million. The house came on the market at the end of January at $8.295 million and was in escrow in three weeks.
    Actress Patricia Heaton, who stars in “The Middle,” and her husband, actor David Hunt, have sold their home in Hancock Park for $8 million. The house came on the market at the end of January at $8.295 million and was in escrow in three weeks....

    Tags: Lindsay Lohan, Arts and Culture, Patricia Heaton, David Hunt, Arts

    8. May 10, 2013 |Story| Los Angeles Times

  8. Freshman senator with senior pluck takes on the financial industry

    WASHINGTON &mdash; Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill.
    WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes,...

    Tags: U.S. Senate Committee on Banking, Housing, and Urban Affairs, Politics, Bob Corker, U.S. Consumer Financial Protection Bureau, Elizabeth Warren

    9. Apr 29, 2013 |Story| Los Angeles Times

  9. Stanley A. Dashew dies at 96; helped revolutionize credit card industry

    Stanley A. Dashew, an inventor and entrepreneur who helped revolutionize the credit card industry, died of natural causes Thursday in Los Angeles, according to a family spokesman. He was 96.
    Stanley A. Dashew, an inventor and entrepreneur who helped revolutionize the credit card industry, died of natural causes Thursday in Los Angeles, according to a family spokesman. He was 96. Dashew held 40 patents in fields as diverse as credit card...

    Tags: American Express Company, Metal and Mineral, Mining, Photography, Travel

    10. Apr 19, 2013 |Story| Los Angeles Times

  10. Appellate court says case against Hungary over looted artwork can proceed

    The heirs of the Budapest-based Jewish banker Baron Mor Lipot Herzog have cleared a major legal hurdle in their decades-long quest to force Hungary to return dozens of artworks from Herzog's collection that were looted during World War II.
    The heirs of the Budapest-based Jewish banker Baron Mor Lipot Herzog have cleared a major legal hurdle in their decades-long quest to force Hungary to return dozens of artworks from Herzog's collection that were looted during World War II. In 2010,...

    Tags: Arts and Culture, Arts, Hungary

    11. Apr 18, 2013 |Story| Los Angeles Times

  11. 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: Marketing, Bank of America Corp., Citigroup Incorporated, City National Corporation, JPMorgan Chase & Co.

    12. Apr 17, 2013 |Story| Los Angeles Times

  12. BofA quadruples its profit but disappoints investors

    Bank of America Corp. quadrupled its first-quarter profit, reducing expenses and loan losses and reporting better brokerage and investment banking results, but continued to be bogged down by its mortgage operations, disappointing investors.
    Bank of America Corp. quadrupled its first-quarter profit, reducing expenses and loan losses and reporting better brokerage and investment banking results, but continued to be bogged down by its mortgage operations, disappointing investors. Trying to...

    Tags: Finance, Economy, Business and Finance, Services and Shopping, Bank of America Corp., Real Estate

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