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U.S. Bank Must Face Restitution Claims in Peregrine Lawsuit - Judge.

Posted by BankInfo on Thu, Nov 20 2014 02:05 pm
U.S. Bank, taken legal action against by the government in 2012 for supposedly aiding a substantial scams at brokerage Peregrine Financial, must face claims for almost $36 million in restitution to Peregrine's victims, a government judge in Iowa ruled.

Three Reasons to Purchase and also Hold the Bank of Nova Scotia Forever.

Posted by BankInfo on Wed, Nov 19 2014 04:36 pm
Growing global macro: Economic and Geopolitical uncertainty, paired with boosted market volatility has brought the focus securely back on investing fundamentals.

Executives to Testify on Bank’s Commodities Holdings.

Posted by BankInfo on Wed, Nov 19 2014 04:31 pm
Executives of 3 major banks are planned to undertake questioning by a Senate panel this week on bank ownership of physical products such as oil, natural gas and aluminum & the impact those holdings have on customers, industry & commodities markets.

Why The Bank of Nova Scotia Is Set to Outperform TD Bank.

Posted by BankInfo on Tue, Nov 18 2014 03:05 pm
Over the previous year, shares of The Bank of Nova Scotia (TSX: BNS)(NYSE: BNS) have not done especially well. During that time, they are up not 6.5 percent, Easily the worst of any large 5 bank Leading the pack is Toronto-Dominion Bank, whose shares are up over 18 percent in the past year.

U.S. Leading Court to Hear Bank of America Cases on 2nd Mortgages.

Posted by BankInfo on Tue, Nov 18 2014 03:02 pm
The U.S. Supreme Court agreed on Monday to listen to 2 cases brought by Bank of America Corp questioning whether a 2nd home mortgage on an ‘Underwater’ home - one with a mortgage balance surpassing its present value - can be nullified during bankruptcy.

Royal Bank of Scotland Prepares to Be Fined 10s of Millions Pounds Over IT Breakdown.

Posted by BankInfo on Mon, Nov 17 2014 11:44 am
Royal Bank of Scotland faces a fine of tens of millions of pounds as early as this week over the collapse of its IT systems that locked millions of consumers out of their accounts for days.

Deutsche Bank AG (USA) (DB) To Sell Commercial Property Loans Worth $2 Billion To TPG Capital.

Posted by BankInfo on Sat, Nov 15 2014 01:53 pm
Deutsche Banking AG (UNITED STATE) (NYSE: DB) has actually revealed plans to sell off commercial property loans worth $2 billion to an international private investment people , called TPG Capital.

US Bank Names New President for Northern California.

Posted by BankInfo on Tue, Nov 11 2014 04:27 pm
US Bank recently called Liesl Schmidt local president for US Bank in Northern California.

In Gazprom Deal, JPMorgan Takes on Business That Some Bank’s Fear.

Posted by BankInfo on Mon, Nov 10 2014 10:43 am
When JPMorgan Chase & Co (JPM.N) consented to lead a $700 million [441.03 million pound] bond offering for Russian gas manufacturer Gazprom OAO, (GAZP.MM) it was doing business that some U.S. banks are afraid to do, several lawyers and also a banker said.

Bank of America Cuts Earnings Amidst Foreign Exchange Talks.

Posted by BankInfo on Mon, Nov 10 2014 10:39 am
Bank of America (BAC) is nearing a possible deal with U.S. financial regulatory authorities to settle an investigation of believed foreign exchange currency market adjustment by the nation's biggest bank.
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