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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 45-55
  • Banks get a primer on pot money

     Banks get a primer on pot money
    WASHINGTON — The Obama administration, taking the first regulatory step to accommodate the country's growing state-approved marijuana businesses, issued guidelines Friday designed to bring dispensaries into the banking system and end their risky...
  • 35% of L.A.'s high-rise apartment buildings lack fire sprinklers

    35% of L.A.'s high-rise apartment buildings lack fire sprinklers
    Lindsay Bustillos didn’t realize her high-rise apartment building in West Los Angeles lacked sprinklers until a fire last fall made her unit uninhabitable. The Oct. 18 fire at the Barrington Towers complex caused water and smoke damage that forced...
  • New Fed chief Janet Yellen signals further cuts in stimulus

    New Fed chief Janet Yellen signals further cuts in stimulus
    WASHINGTON — The Federal Reserve's new leader, Janet L. Yellen, signaled that the central bank is likely to keep scaling back its signature stimulus program despite a recent string of weak economic data. Making her first congressional appearance...
  • Bank of America mailer refers to recipient as 'slut'

    Bank of America mailer refers to recipient as 'slut'
    There's junk mail, and then there's nasty mail: San Francisco writer Lisa McIntire says Bank of America sent her a credit card offer addressed to "Lisa Is a Slut McIntire," and she posted photos of it Thursday on Twitter. The bank tweeted her an apology...
  • Junk mail misfire: Bank of America mailer calls woman a 'slut'

    Junk mail misfire: Bank of America mailer calls woman a 'slut'
    There’s junk mail, and then there’s nasty mail: San Francisco writer Lisa McIntire says Bank of America sent her a credit card offer addressed to "Lisa Is A Slut McIntire," and she posted photos of it on Twitter on Thursday. BofA tweeted her...
  • Judge OKs $8.5-billion Bank of America mortgage settlement

     Judge OKs $8.5-billion Bank of America mortgage settlement
    NEW YORK — A New York state judge has approved nearly all of an $8.5-billion settlement between Bank of America and large investors who suffered losses in mortgage-backed bonds stemming from the housing meltdown. The settlement centers around...
  • Sales of $1-million-plus homes went through the roof in California

    Sales of $1-million-plus homes went through the roof in California
    Crowned by the sale of a Malibu estate for $74.5 million, the number of houses sold last year at $1 million and above statewide jumped to a six-year high, according to real estate information service DataQuick. In the strongest showing, the number of...
  • Million-dollar-plus home sales hit six-year high

    Million-dollar-plus home sales hit six-year high
    A boom in California’s luxury home sale market is yet another example of the growing gap between the wealthy and the poor if a newly released report is any indication. Crowned by the sale of a Malibu estate for $74.5 million, the number of homes...
  • Ex-Girl Scouts official pleads guilty to embezzling $370,000

    A former top official for the Girl Scouts of Greater Los Angeles on Wednesday pleaded guilty to one count of mail fraud and one count of money laundering. Channing Smack, 51, of Marina del Rey, was also ordered to pay about $370,000 that prosecutors say...
  • Ukrainians see worrisome nationalistic elements among protesters

    Ukrainians see worrisome nationalistic elements among protesters
    KIEV, Ukraine — The protest movement seeking to push Ukrainian President Viktor Yanukovich from power is providing a stage for what one analyst calls "wild protest factions" that are at times driving developments on the street and complicating...
  • Cost has U.S. banks stalling on ID theft deterrent

    Cost has U.S. banks stalling on ID theft deterrent
    Leah Padow knows from identity theft. She recently had five accounts at three banks compromised. The fraud occurred in mid-November, so it was apparently unrelated to the digital break-in at Target, which began after Thanksgiving and resulted in the...