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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 67-77
  • Regulators weigh proposal for minimum 30% down payments on loans

    Regulators weigh proposal for minimum 30% down payments on loans
    WASHINGTON — Federal agencies haven't been functioning much this month, but six of them are looking at a proposal that could squeeze huge numbers of buyers out of the mortgage market: a mandatory 30% down payment for borrowers who seek the best...
  • Top Girl Scouts official charged by FBI with embezzling $370,000

    Federal authorities claim a top official for the Girl Scouts of Greater Los Angeles embezzled about $370,000 from the youth organization known for its annual cookie sales. Channing Smack, 51, of Marina del Rey, was due Wednesday in a downtown Los...
  • Three large banks not fully complying with mortgage settlement changes

    Three large banks not fully complying with mortgage settlement changes
    Three of the nation's largest banks are not fully complying with new standards for dealing with mortgage customers that were agreed to as part of a $25-billion settlement of foreclosure abuse allegations, the settlement's monitor said Wednesday. In...
  • Ex-Girl Scout official allegedly had $9,500 in boot when arrested

    When a former top Girl Scout official was taken into custody by the FBI on money laundering charges, prosecutors allege he was carrying more than $18,000 in cash, including $9,500 in an envelope concealed in his left boot. FBI agents arrested Channing...
  • Wells Fargo's pressure-cooker sales culture comes at a cost

    Wells Fargo's pressure-cooker sales culture comes at a cost
    Wells Fargo branch manager Rita Murillo came to dread the phone calls. Regional bosses required hourly conferences on her Florida branch's progress toward daily quotas for opening accounts and selling customers extras such as overdraft protection....
  • Hollywood's new financiers make deals with state tax credits

    Hollywood's new financiers make deals with state tax credits
    ATLANTA — Ric Reitz makes movies. He helped bankroll the Matt Damon thriller "Contagion," Clint Eastwood's "Trouble With the Curve" and the Robert Downey comedy "Due Date." Reitz, an energetic 58-year-old, doesn't hang out at the Polo Lounge, red-...
  • BofA's legal costs mount in Countrywide mortgage fiasco

    BofA's legal costs mount in Countrywide mortgage fiasco
    NEW YORK — A federal judge will soon decide how much Bank of America should pay for some of Countrywide Financial Corp.'s sins in the lead-up to the financial crisis. Federal prosecutors want BofA to pay $864 million after the bank's stinging...
  • Review: Scorsese, DiCaprio go hunting in 'Wolf of Wall Street'

    Review: Scorsese, DiCaprio go hunting in 'Wolf of Wall Street'
    Think you already hate those Wall Street high rollers who took so many investors for a ride in the '90s? Just wait until Martin Scorsese, Leonardo DiCaprio and "The Wolf of Wall Street" are through with you. Man, does this movie have a savage bite....
  • Times investigation of Wells Fargo culture provokes strong reaction

    Times investigation of Wells Fargo culture provokes strong reaction
    A Times investigation into the intense sales culture at Wells Fargo Bank, published in Sunday's newspaper, has drawn strong reaction from the bank's customers and employees. Many related experiences similar to those described in the story. The Times...
  • Leonardo DiCaprio sells Malibu beach home for $17.35 million

    Leonardo DiCaprio sells Malibu beach home for $17.35 million
    Leonardo DiCaprio has sold his beach house compound in Malibu for $17.35 million. The leading man had leased out the oceanfront Cape Cod-inspired property in 2012 at $150,000 a month for the summer. Then about a year ago he put it up for sale at $23...
  • Review: Promising 'Toad Road' cuts short its potential

    Review: Promising 'Toad Road' cuts short its potential
    A junkie hipster spin on the unreliable-narrator conceit, "Toad Road" is based on an urban legend about a trail dubbed the Seven Gates of Hell behind a former mental institution in York, Pa. Think of it as the CliffsNotes version of Dante Alighieri's...