Bank of America bosses charged with fraud The Observer | and two of its former bosses have been charged with fraud for allegedly misleading shareholders during the takeover of . | The New York attorney general's office said last night it had filed civil charges against the bank and its former chief executive, Ken Lewis, claiming the bank misled investor...
Bank of America, former CEO charged with fraud Deccan Herald New York, Feb 5 (DPA) | Bank of America and its former chief executive Kenneth Lewis have been charged with fraud over the controversial takeover of rival Merrill Lynch at the height of the financial crisis, New York Attorney General Andrew Cuomo said. | The lawsuit alleges that Bank of America's to...
Judge Questions Bank of America's New Deal With S.E.C. The New York Times | A federal judge left open the possibility on Monday that he might reject a new $150 million settlement between the Securities and Exchange Commission and Bank of America over the bank's controversial takeover of Merrill Lynch, a move that could for...
Canada: no need for G7 to follow US bank plan -media The Guardian TOKYO, Feb 9 (Reuters) - Group of Seven countries have their own ideas about bank regulation and do not need to follow the U.S. lead, Canadian Finance Minister Jim Flaherty was quoted as saying by Japan's Asahi newspaper. A senior U.S. Treasury offic...
New SEC-Bank of America settlement faulted The News & Observer | NEW YORK -- A federal judge who rejected the government's first bid to settle civil charges against Bank of America Corp. showed little enthusiasm Monday for a new proposed settlement. | U.S. District Judge Jed Rakoff sharply questioned the merits ...
Guest commentary | Banks have been unfairly vilified in economic crisis Kansas City Star More News | In the decade after the repeal of the Glass-Steagall Act, and before the current financial crisis, commercial banks, investment banks and mortgage banks voluntarily merged for competitive reasons. | During the crisis, for survival reasons...
WN / Yolanda Leyba
Gold near $1 080, dollar rise, US bank plan weigh Business Report | * Strong support seen near $1,074/oz | Submit your comment | Gold prices steadied to hover near $1 080 (R8 197) on Monday after posting a third straight week of declines a...
Actor Rip Torn arrested for drunken bank job The Examiner | Elmore "Rip" Torn (AP Photo/Hermann J. Knippertz, File) | Actor and noted boozehound Rip Torn ("The Larry Sanders Show," Freddy Got Fingered, Men in Black) ha...
Bank of Sacramento earns $130K in Q4 The Business Review Send this story to a friend | Email address of friend (insert comma between multiple addresses): Your email address: Add a brief note: | Enter words from the security image above: | | | reCAPTCHA™ | Greater Sacramento Bancorp earned $639,000 in...
Souper Bowl of Caring scores for Houston Food Bank Business Journal Send this story to a friend | Email address of friend (insert comma between multiple addresses): Your email address: Add a brief note: | Enter words from the security image above: | Get new image | Audio verification | reCAPTCHA™ Reliant Energy...
Republic Bancorp No. 5 in Bank Director Magazine's annual ranking Business Journal Send this story to a friend | Email address of friend (insert comma between multiple addresses): Your email address: Add a brief note: | Enter words from the security image above: | Get new image | Audio verification | reCAPTCHA™ Commerce Natio...
Beverage industry douses tax on soft drinks Houston Chronicle | WASHINGTON - Employing a broad-based lobbying effort, the soft drink industry has smothered a plan to tax sugared beverages - a plan advocates said would have reduced obesity and helped finance health care reform. | Only months ago, public health advocates thought the tax would be a natural for congressional Democrats looking for revenues to fund...
After Buying Spree, China Owns Stakes in Top U.S. Firms The New York Times | SHANGHAI - Flush with cash despite the global economic downturn, China's sovereign wealth fund quietly snapped up more than $9 billion worth of shares last year in some of the biggest American corporations, including Morgan Stanley, Bank of America and Citigroup. | Although most of the stakes were small, China Investment Corp., the government's $...
