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Geneva bank teller accused of using account info to steal
Tribune reporterA former Geneva bank teller has been indicted in what prosecutors called a scheme to use bank customers’ account information to steal at least $245,000. Court documents show that federal charges were filed Thursday against Clarice Watkins. She...Tags: Justice System, Judges, Prosecution, Crime, Law and Justice, Theft
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REUTERS SUMMIT-Cyber attacks against US banks more severe than most realize
Reuters(For other news from Reuters Cybersecurity Summit, click on http://www.reuters.com/summit/Cyber13) By Joseph Menn WASHINGTON, May 17 (Reuters) - The series of cyber attacks that repeatedly knocked major U.S. banking websites offline in the past nine...Tags: Computing and Information Technology Industry, Bank of America Corp., Wells Fargo & Co., FBI, U.S. House Permanent Select Committee on Intelligence
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Central Virginia Bank open to all strategic alternatives
Richmond Times-DispatchCentral Virginia Bankshares Inc., parent company for Central Virginia Bank, said it is open to all strategic alternatives as it struggles to deal with payments related to its participation in the government's Troubled Asset Relief Program. That could...Tags: Powhatan County, Finance, Richmond (Richmond, Virginia), Henrico County, Economy, Business and Finance
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Former Toyah mayor pleads guilty
Odessa American, TexasMIDLAND The 41-year-old former Toyah mayor pleaded guilty Thursday in federal court to a count of fraud and a count of identity theft. Bartolo Sanchez, who was arrested Nov. 30, pleaded guilty to wire fraud and aggravated identity theft, with a count of...Tags: Justice System, Chesapeake Energy Corp., Court Preliminary, Judges, Crime, Law and Justice
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Bankers push for Italian SME-backed covered bonds
Reuters* SME-backed covered bonds would unlock lending * Commerzbank deal seen as pricing template * French proposals under way to develop market By Aimee Donnellan FRANKFURT, May 17 (IFR) - Italy needs to change its covered bond law so that the country's...Tags: Italy, BNP Paribas, Central Bank, Personal Service, Prices
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TransCard to add 69 jobs in Chattanooga
Chattanooga Times Free Press, Tenn.Craig Fuller, CEO of Chattanooga-based TransCard, has a secret. Banking is changing, and it's never going to be the same again. At a time when many banks are only able to grow their bottom lines by slashing jobs, hiking fees and cutting expenses,...Tags: Networking, Science and Technology, Media Industry, Telecommunication Service
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Lighthouse Bank aims to grow loans by 18 percent this year
The Santa Cruz SentinelAfter earning $1.8 million and expanding loans 14 percent in 2012, Lighthouse Bank aims to grow loans by 18 percent by going head to head with competitors. "Our best spokesman in that endeavor is you," said Richard Hofstetter, Lighthouse Bank...Tags: Corporate Officers, Loans, Business Bank Corporation, Bank of America Corp., County Bank Corporation
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Profits are up, but low interest rates put pressure on banks
St. Louis Post-DispatchAfter some dismal performances during the economic downturn, most local banks are growing profits again. The more than 80 locally chartered retail banks and thrifts in the St. Louis region reported $77.2 million in profits in the first quarter that...Tags: Services and Shopping, Real Estate, Bank of America Corp., Realty, Economy, Business and Finance
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EU bonus cap could hit 10 times as many London bankers: PwC
ReutersLONDON (Reuters) - Tougher European Union curbs on bonuses will snare far more bankers than current pay limits, with banks having little time to prepare for the change, consultancy PwC said on Friday. The European Banking Authority has approved a draft...Tags: International Organizations, European Union, Politics
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UK pension funds take on leveraged loans in search for yield
ReutersBy Sarah Mortimer LONDON, May 17 (Reuters) - UK pension funds are dipping a toe into the specialist market for high yielding but risky bank loans in an effort to offset poor returns in their traditional investment portfolios. After years of slow...Tags: Axa SA, Pension and Welfare, Loans, Credit Ratings, Insurance
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Centro Latino-BB&T partnership a win-win for both
Hickory Daily Record, N.C.Centro Latino is building a strong relationship with the Western NC Region of BB&T, and everybody, including the Latino community, wins. BB&T branch manager Rosa Barrera-Hernandez knows what it's like to come to a country with nothing and become...Tags: Finance, Minority Groups, Habitat for Humanity International, Social Issues, Colleges and Universities
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INVESTMENT FOCUS-Top four central banks may change the tune
ReutersBy Mike Dolan LONDON, May 17 (Reuters) - The world's major central banks may be shifting their tone subtly from "whatever it takes" to "we can only do so much". Financial markets supercharged this year by the extraordinary monetary stimuli of the top...Tags: Credit Ratings, International Monetary Fund, Economy, Business and Finance, Financial Markets, Ben Bernanke
May 17, 2013
|Story| Chicago Tribune
May 17, 2013
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