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Banking and Credit |
| by Banking News |
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| California, New York considering foreclosure-abuse deal |
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California and New York were considering Monday whether to join most other states in backing a long-awaited settlement with banks over foreclosure abuses.
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| JP Morgan Chase to pay $110 million to settle overdraft lawsuit |
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JP Morgan Chase & Co. has agreed to pay $110 million to settle a class-action lawsuit claiming the bank charged excessive checking overdraft fees.
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| Culture shift for Wells Fargo |
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It was about a year after Wells Fargo and Kovacevich, the bank's chairman at the time, had announced a plan to purchase Wachovia Corp., and now he was reaching out to Warren Buffett for help.
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| BB&T (BBT) Analysts Upgrade Astec Industries (ASTE) Shares to "Buy" |
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Astec Industries was upgraded by equities research analysts at BB&T from a "hold" rating to a "buy" rating in a research note issued to investors on Monday.
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| Stock index futures signal lower Wall Street open |
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Stock index futures pointed to a lower open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.2 to 0.5 percent.
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| Associations for Feb. 6 |
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New members on the board of advisers for the Historic Richmond Foundation are: Jane H. Armfield, community volunteer; Lilliboo Rawles Cronly, community volunteer; Karen S. Emroch, community volunteer; Thomas E. Fahed with Small and Associates; John Owen Gwathmey with Troutman Sanders; Alice Reed McGuire, community volunteer; Kevin B. Osborne with ... (more)
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| Debit fees gone, but what's next? |
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The cap on swipe fees imposed a limit of about 21 cents per transaction, about half what the industry average had been.
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| Merger fails, but D.Boerse CEO says allies a must |
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D.Boerse CEO eyes new allies as NYSE deal crumbles Deutsche Boerse does not believe it can survive in the long term without a new partner despite the collapse of its proposed $7.4 billion merger with NYSE Euronext , its chief executive told a German newspaper.
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