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Bank Liquidity: Think About It Now, Not In Crisis

2014-10-06 00:23:50| Paper - Topix.net

Word that U.S. banking regulators are planning to force the biggest banks to carry yet more capital - more than agreed upon by international regulators - was great news for those already invested in the highest-quality bank stocks, namely Wells Fargo . The new capital action is tied to bank liquidity, specifically to how reliant the biggest banks are on short-term funding acquired from wholesale sources, rather than deposits taken from customers.

Tags: not bank crisis liquidity

 

Danville: Real estate agent charged in bank fraud and money laundering scheme

2014-10-03 05:54:15| Real Estate - Topix.net

A Danville real estate broker is alleged to have stolen an estimated $1.7 million in a scheme that used fake buyers to purchase homes whose value was below what owners owed the bank, fabricate information about the properties, then resell them at a profit, the U.S. Attorney's office said Thursday. Anthony Keslinke is accused of running a scheme to defraud banks by submitting fraudulent financial hardship letters on behalf of sellers and altering engineering and pest reports on homes to give the appearance that properties were worth significantly less than true fair market value.

Tags: real estate money agent

 
 

Suspected Serial Bank Robber Arrested After Hours-Long Pursuit, Crash

2014-10-03 04:44:34| Industrial Machines - Topix.net

A suspected serial bank robber known to police as the "Hills Bandit" was taken into custody Thursday afternoon following an hours-long chase through multiple counties and subsequent crash in Rialto. The suspect, identified as 53-year-old Stephen Richard Bartlett, was being investigated by the Whittier Police Department for a report of a possible fraud involving $12,000 order of steel from a Santa Fe Springs business.

Tags: bank serial crash arrested

 

Steel Dynamics PT Raised to $27.00 at Deutsche Bank

2014-10-03 00:00:35| Steel - Topix.net

The firm currently has a "buy" rating on the stock. Deutsche Bank's target price indicates a potential upside of 22.25% from the company's current price.

Tags: bank steel raised deutsche

 

Bank to get extra powers on housing

2014-10-02 11:43:32| BBC News | Business | UK Edition

The Bank of England accepts new powers to prevent a housing boom and bust, as suggested by the Chancellor, George Osborne

Tags: extra bank housing powers

 

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