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Banking

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

Top Banking Articles

Displaying items 23-33
  • More for Your Money: VAT refunds and other ways to save when traveling

    More for Your Money: VAT refunds and other ways to save when traveling
    On a recent three-week vacation, I was reminded — forced to remember, perhaps — that there are plenty of ways to save: There are cheaper alternatives or ways to get discounts for almost anything. You can even get money back on that extravagant...
  • Swiss bankers say shielding U.S. money from taxes is 'mistake'

    Swiss bankers say shielding U.S. money from taxes is 'mistake'
    WASHINGTON — Credit Suisse executives admitted that the giant Swiss bank helped Americans shield as much as $12 billion from taxes and even acknowledged the practice was a "mistake" and "unacceptable." But they said they couldn't do much beyond...
  • Credit Suisse CEO says aiding U.S. tax evasion is 'unacceptable'

    Credit Suisse CEO says aiding U.S. tax evasion is 'unacceptable'
    WASHINGTON -- The chief executive of Credit Suisse told U.S. senators Wednesday it was "unacceptable" for Swiss banks to help Americans evade U.S. taxes and he regrets some of the firm's employees did so in the past. "We deeply regret that -- despite...
  • Latest government probes of BofA target foreign exchange, FHA issues

    Latest government probes of BofA target foreign exchange, FHA issues
    The latest examples of the seemingly endless government probes of Bank of America Corp. focus on foreign exchange and Federal Housing Administration lending practices, the Charlotte, N.C., giant has disclosed. Banks are filing 10-K annual reports with...
  • Senate probe accuses Swiss bank of helping rich Americans evade taxes

     Senate probe accuses Swiss bank of helping rich Americans evade taxes
    WASHINGTON — A Senate subcommittee investigation accused Swiss banking giant Credit Suisse of using elaborate "cloak and dagger" methods to hide the accounts of 22,000 wealthy American citizens with a total of up to $12 billion in assets from U.S....
  • Lakers can't keep up with Indiana Pacers in 118-98 loss

    Lakers can't keep up with Indiana Pacers in 118-98 loss
    INDIANAPOLIS -- The Lakers continued to stagger, losing to the Indiana Pacers, 118-98, Tuesday at Bankers Life Fieldhouse. The game was close at halftime, and then it wasn't, as the Lakers' offense stifled for the last 24 minutes by the league's top-...
  • Senate probe accuses Swiss bank of helping rich Americans evade taxes

    Senate probe accuses Swiss bank of helping rich Americans evade taxes
    WASHINGTON — A Senate subcommittee investigation accused Swiss banking giant Credit Suisse of using elaborate “cloak-and-dagger” methods to hide the accounts of 22,000 wealthy American citizens with a total of up to $12 billion in assets...
  • JPMorgan cutting 8,000 jobs in mortgage, retail banking businesses

    JPMorgan cutting 8,000 jobs in mortgage, retail banking businesses
    JPMorgan Chase & Co. announced plans Tuesday to cut 8,000 positions, more than previously forecast, as fewer Americans refinance their mortgages because of rising interest rates. The cuts will hit its mortgage and retail banking businesses, according to...
  • Eric Schmidt of Google buys Peck estate for $22 million [Photos]

    Eric Schmidt of Google buys Peck estate for $22 million [Photos]
    Eric Schmidt, the billionaire executive chairman of Google, has bought the Veronique and Gregory Peck estate on L.A.’s Westside for $22 million. Set on 1.3 acres, the 1930s French chateau sits at the end of a long driveway and is surrounded by a...
  • Owners again borrowing against homes as housing market recovers

    Owners again borrowing against homes as housing market recovers
    Retired aerospace engineer Owen Klasen was rejected last year when he sought a second mortgage to paint and re-roof his house. Home prices hadn't risen enough, the loan officer told him. But last month, the same loan officer offered him more than...
  • Technology used in Europe would better protect U.S. shopper data

     Technology used in Europe would better protect U.S. shopper data
    SACRAMENTO — Personal information collected from credit card shoppers would be better protected by upgrading the country's entire payment system to technology that has dramatically reduced fraud in Europe. That was the consensus of a group of...