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A collection of news and information related to Banking published by Tribune Company sources.
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1052 items on Banking
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Bank of America OKs buyback plan
Bank of America Corp. has approved the purchase of up to 75 million shares of common stock for as much as $3.75 billion. Directors authorized the repurchase over the next 12 to 18 months, the bank said yesterday. The plan replaces a January 2007 program...Tags: New York Stock Exchange, Bank of America Corp.
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MARYLAND INTEREST RATES
++++++++++++++++++++ || || Phone || Money market || Certificate of deposit || New car loan || || || Calls from || Rate || Min. || Rate || Min. || Term || Rate || Term || Down || || || Balt. area || (%) || dep. || (%) || dep. || (mos.) || (%) || (mos.)...Tags: Bay National Corporation, Retirement, Carrollton, Family, Government
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U.S. probes big subprime lenders
Los Angeles TimesA federal grand jury in Los Angeles has begun investigating three of the nation's largest subprime mortgage lenders in the clearest sign yet that prosecutors are investigating whether fraud and other crimes contributed to the mortgage debacle. Grand...Tags: Fraud, Federal Bureau of Investigation, Interior Policy, Mortgages, Countrywide Financial Corp.
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Mortgage woes hit Downey Savings & Loan
Los Angeles Times Staff WriterWhen banks were failing in the 1980s, federal regulators turned to Downey Savings & Loan, a quietly successful, conservative Orange County institution, for help. Butterfield Savings & Loan of Costa Mesa was one of hundreds of thrifts that fell apart...Tags: Downey Financial Corporation, Loans, Mortgages, Orange County (Virginia), Countrywide Financial Corp.
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Federal grand jury investigating Countrywide, IndyMac, New Century
Los Angeles Times Staff WriterA federal grand jury in Los Angeles has begun probing three of the nation's largest subprime mortgage lenders in the clearest sign yet that prosecutors are investigating whether fraud and other crimes contributed to the mortgage debacle. Grand jury...Tags: Fraud, Laws, Trials, Federal Bureau of Investigation, Interior Policy
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RVs seized as dealer is accused of holding back $3 million in payments
Newsday Staff WritersA Medford company that bills itself as Long Island's top RV dealership is being sued for more than $10 million by two national finance companies that claim the retailer sold vehicles but failed to pass along more than $3 million in payments to the...Tags: Trials, Vehicles, General Electric Company, Islip, John Gentile
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Local bank part of merger
247-4738The parent company of Newport News-based Bay Community Bank and Bowling Green-based Union Bank and Trust is merging the two financial institutions. Union Bankshares Corp. is a collection of community banks that operate independently under a common parent...Tags: Hampton Roads, Corporations, Government, Federal Reserve, National Government
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New York Community Bancorp reports second quarter loss
james.bernstein@newsday.comWestbury-based New York Community Bancorp, the holding company for New York Community Bank and New York Commercial Bank, said Wednesday it lost $154.8 million in the second quarter, compared with a profit of $36 million in the same period last year....Tags: New York Community Bancorp Inc., Westbury
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'Starlet Bandit' Strikes Again
VAN NUYS -- The so-called "Starlet Bandit" held up a Bank of America branch in Van Nuys Tuesday, getting away with an undetermined amount of money, authorities said.
The robbery occurred about 9:30 a.m. at 7225 Woodman Ave. near Sherman Way, said Laura...Tags: Federal Bureau of Investigation, Theft, Bank Robbery, Van Nuys, Bank of America Corp.
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House Approves Housing Rescue Bill
Associated PressWASHINGTON -- The House has passed legislation that aims to help 400,000 strapped homeowners who are facing foreclosure and prevent troubled mortgage giants Fannie Mae and Freddie Mac from collapsing. The 272-152 vote on Wednesday reflected a...Tags: Central Bank, Securities, Business Enterprises, Mortgages, Government
Jul 24, 2008
|Story| Baltimore Sun
Jul 24, 2008
|Story| Baltimore Sun
Jul 24, 2008
|Story| Baltimore Sun
Jul 24, 2008
|Story| Los Angeles Times
Jul 23, 2008
|Story| Los Angeles Times
Jul 23, 2008
|Story| Newsday
Jul 24, 2008
|Story| Hampton Roads Daily Press
Jul 23, 2008
|Story| Newsday
Jul 23, 2008
|Story| KTLA-TV
Jul 23, 2008
|Story| KTLA-TV
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