Earnings roundup: Bank of America, Goldman Sachs

Earnings roundup: Bank of America, Goldman Sachs
Among the earnings stories for Tuesday, July 19, from The Associated Press:

Read more on AP via Yahoo! Singapore News

JPMorgan investment bank has surprise gains in 2Q

JPMorgan investment bank has surprise gains in 2Q
JPMorgan Chase surprised Wall Street Thursday with a sharp increase in investment banking income at a time when other banks are warning of layoffs because of a slowdown in trading.

Read more on AP via Yahoo! News

Ameris Bank Announces Acquisition of One Georgia Bank and High Trust Bank

Ameris Bank Announces Acquisition of One Georgia Bank and High Trust Bank
AMERIS BANK , announced today a definitive agreement with the Federal Deposit Insurance Corporation to assume the deposits and certain assets of One Georgia Bank, a full-service bank with one location in Midtown Atlanta, Georgia, and also to assume the deposits and certain assets of High Trust Bank, a full-service bank with a main office in Stockbridge and a branch location in Leary, Georgia.

Read more on PR Newswire via Yahoo! Finance

Bank moves to foreclose on R. Kelly ‘s suburban Chicago mansion

Bank moves to foreclose on R. Kelly’s suburban Chicago mansion
CHICAGO (Reuters) – Grammy-award winning singer-songwriter R. Kelly has failed to make mortgage payments on his multimillion-dollar Chicago-area home for more than a year and now may lose the property to lenders, court documents show.

Read more on Reuters via Yahoo! News

Bank fees may rise after Fed decision

Bank fees may rise after Federal Reserve decision
A move by the Federal Reserve last month will limit the amount banks can collect when customers swipe debit cards. And that means banking fees are likely to go up this fall.

Read more on NBC 2 Fort Myers

Europe Looks for Hope in Bank Test Results

Europe Looks for Hope in Bank Test Results
The European Union hopes that the results of an examination of its financial institutions, to be announced Friday, will quell fears about the banks’ ability to provide loans.

Read more on New York Times

Bank dominate mortgage data

Bank dominate mortgage data
Banks are now more dominant in the mortgage market than any time since 1992 when housing finance figures were first recorded,

Read more on Sydney Morning Herald

TD Bank Launches a New Tool To Help First-Time Buyers Realize Their Homeownership Dreams

TD Bank Launches a New Tool To Help First-Time Buyers Realize Their Homeownership Dreams
TD Bank, America’s Most Convenient Bank®, is looking to make the first-time homebuying process a little less cumbersome. To complement the bank’s hassle-free and easy to understand mortgage products, TD Bank has developed a comprehensive First Time Homebuyer Kit to educate first-time homebuyers and guide them through every step on the path to making a house a home.

Read more on PR Newswire via Yahoo! Finance

Santa Cruz County Bank reports profitable quarter

Santa Cruz County Bank reports profitable quarter
SANTA CRUZ — Santa Cruz County Bank posted a profit of $535,000 for the second quarter, up from $369,000 a year ago.

Read more on Santa Cruz Sentinel

DOJ Witch Hunt Begins Bank

DOJ Begins Bank Witch Hunt
In what could be a repeat of the easy-lending cycle that led to the housing crisis, the Justice Department has asked several banks to relax their mortgage underwriting standards and approve loans for minorities with poor credit as part of a new crackdown on alleged discrimination, according to court documents reviewed by IBD.

Read more on Investor’s Business Daily via Yahoo! News

Powered by Yahoo! Answers