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Big banks say their legal costs are falling

Following years of being pummeled by shareholder lawsuits, some of the nation’s largest banks are starting to get a break on their litigation costs......»»

Category: topSource: bizjournalsMay 18th, 2018

At least five new banks planned in Georgia

At least five new banks are forming in the state of Georgia, a volume of “de novo” effort that hasn’t been seen in at least 10 years......»»

Category: topSource: bizjournalsMay 18th, 2018

Tougher payday loan rules to remain in place, for now

Tougher rules governing the payday lending industry, finalized during the final weeks of an Obama-era appointee who led the Consumer Financial Protection Bureau, will remain in place after Congress allowed a deadline to overrule them pass......»»

Category: topSource: foxnewsMay 17th, 2018

For First Time in 3 Years, Banks Ease Lending Standards for Commercial Real Estate Loans

For the first time in nearly three years, U.S. banks are reporting that they have loosened their lending spigots for some types of commercial real estate loans during the first quarter of this year, a.....»»

Category: smallbizSource: nytMay 16th, 2018

As gig economy grows, lenders reluctant to relax income rules

Most U.S. mortgage lenders are not ready to relax income rules even as more Americans become part of the so-called gig economy, and banks are excluding income from this work on loan applications, a survey released on Wednesday showed......»»

Category: topSource: moneycentralMay 16th, 2018

House clears path to roll back post-crisis banking rules

American banks angling to get relief from post-crisis rules may soon be breathing easier......»»

Category: topSource: moneyMay 16th, 2018

Apple demands $1 billion in damages in final round of Samsung patent fight; Samsung says $28 million will do

Apple Inc. and Samsung are back in court this week for their final showdown over Samsung’s decision eight years ago to copy the iPhone’s design. The case went all the way to the U.S. Supreme Court, and landed in Apple’s favor. In a San Jose cour.....»»

Category: topSource: bizjournalsMay 16th, 2018

Apple demands $1 billion in damages in final round of Samsung patent fight

Apple and Samsung are back in court this week for their final showdown over Samsung’s decision eight years ago to copy the iPhone’s design. The case went all the way to the U.S. Supreme Court, and landed in Apple’s favor. In a San Jose cour.....»»

Category: topSource: bizjournalsMay 16th, 2018

Japan"s Longest Stretch of Growth in 28 Years Ends

Japan’s economy shrank in the first three months of 2018 due to weak private consumption and business investment, the first contraction since the final quarter of 2015......»»

Category: smallbizSource: wsjMay 16th, 2018

Japan"s Longest Stretch of Economic Growth in 28 Years Ends

Japan’s economy shrank in the first three months of 2018 due to weak private consumption and business investment, the first contraction since the final quarter of 2015......»»

Category: asiaSource: wsjMay 16th, 2018

Final Fantasy 7 Remake Release Date Still About Five Years Away

The original Final Fantasy 7 is more than 20 years old. Developer Square Enix announced at the E3 show 2015 that it was working on the Final Fan.....»»

Category: blogSource: valuewalkMay 14th, 2018

Provisioning woes take toll on 4 PSBs; Canara, Dena, United banks in red

Following the RBI's new rules for restructuring of such assets, all banks had to change the status of some of their standard stressed assets, classifying these as NPAs in the quarter.....»»

Category: topSource: business-standardMay 11th, 2018

Blood Donor, 81, Who Saved 2.4 Million Babies Offers up "Golden Arm" for the Final Time

James Harrison has donated his blood almost once a week for sixty years......»»

Category: topSource: newsweekMay 11th, 2018

US Moves To Cut Off Iran From Global Economy

Six years after SWIFT cut ties with Iranian banks during the last round of Western sanctions on the Persian nation, on Thursday afternoon the U.S. took another step toward cutting Iran off from the .....»»

Category: blogSource: zerohedgeMay 10th, 2018

India"s stressed, debt-laden banks getting cheap overseas loans now

Strengthening sentiment has increased access to the offshore loan markets for investment-grade domestic lenders.....»»

Category: topSource: business-standardMay 9th, 2018

Next Recession Is Here; Buy Gold, Silver And Crypto"s!

SUMMARYFor several years the central banks have been demonizing gold and silver, and cryptocurrencies.They are afraid of gold, silver and cryptocurrencies, because they are another form of money, which is bey.....»»

Category: optionsSource: insidefuturesMay 9th, 2018

"Sell The News" Stalls Biggest Short Squeeze In Two Years, Bonds Shrug

Everything was calmly elevating just how the central banks want it... and then Iran headlines hit... "Don't Panic"...   Stocks soared overnight and extended g.....»»

Category: blogSource: zerohedgeMay 7th, 2018

At a Fast Food Restaurant Near You, One of the Last Obamacare Rules Is Going Into Effect Today

The calorie counting rule has been delayed three times since it was finalized in 2013. After years of delays, one of the last Obamacare provisions to be implemented comes into effect today. The new rule requires .....»»

Category: europeSource: fortuneMay 7th, 2018

Two years after Chicago passed a home-sharing law, only Airbnb has a license, and hosts say rules are too complicated

Rosalind and Eric Bowden received a surprising.....»»

Category: topSource: chicagotribuneMay 7th, 2018

All Greek Banks Pass ECB"s Latest Watered Down "Street Test" Freeing €20BN In Bailout Funds

There's good, not so good and bad news in the latest ECB stress test of Greek banks. The good news when it comes to banks in Greece - the same banks that 3 years ago were on the verge of default, .....»»

Category: blogSource: zerohedgeMay 5th, 2018