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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
  • Neel Kashkari enters race for California governor

     Neel Kashkari enters race for California governor
    SACRAMENTO — Former U.S. Treasury official Neel Kashkari announced Tuesday that he is running for governor, arguing that the status quo is failing millions of Californians and staking his campaign on his ability to create jobs and improve public...
  • Neel who? Again, a wealthy candidate reaches for a California win

    Neel who? Again, a wealthy candidate reaches for a California win
    Neel Kashkari announced his run for governor of California on Tuesday and then turned to the crowd to take a commemorative photo. "Say cheese!” the multimillionaire Republican declared. And all around the state of California, political...
  • 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...
  • 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...
  • 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...
  • 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...
  • Citizens Business Bank's caution in boom times is a key to survival

    Citizens Business Bank's caution in boom times is a key to survival
    Few regions were hit harder by the Great Recession than the Inland Empire, where foreclosures turned neighborhoods into ghost towns and real estate projects dissolved into weeds and broken dreams. So it's not surprising that four of the five largest...
  • Banks embracing a housing-bubble favorite: interest-only loans

    Banks embracing a housing-bubble favorite: interest-only loans
    Most of the risky mortgages that triggered the financial crisis have disappeared from the marketplace, and lenders will have even more reason to avoid them because of a new federal crackdown on loose lending. But one housing-bubble favorite —...
  • BofA profit surges as it puts housing crisis further behind it

    BofA profit surges as it puts housing crisis further behind it
    NEW YORK — Bank of America Corp.'s fourth-quarter profit surged as the financial giant continued to work through its hangover from the housing meltdown. The Charlotte, N.C., bank Wednesday reported net income of $3.4 billion, or 29 cents a share,...
  • Stocks' growth may hinge on much better earnings, economy

    Stocks' growth may hinge on much better earnings, economy
    The stock market shined last year with an epic rally. Now it's time for corporate America — and the economy — to catch up. Stocks ballooned 30% last year, as measured by the Standard & Poor's 500 index. But the average company in the broad...