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Highlights

A collection of news and information related to Banking published by this site and its partners.

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    May 16, 2012 |Story| KTLA-LTV
  1. FBI Probes JPMorgan's $2 Billion Trading Loss

    NEW YORK -- The director of the Federal Bureau of Investigation said Wednesday that the agency has opened an investigation into JPMorgan Chase, the nation's largest bank.
    KTLA News
    NEW YORK -- The director of the Federal Bureau of Investigation said Wednesday that the agency has opened an investigation into JPMorgan Chase, the nation's largest bank. "All I can say is that we have opened a preliminary investigation," Robert...

    Tags: CEO Pay, Citigroup Incorporated, Mutual Funds, Board of Directors, Police Investigations

  2. May 15, 2012 |Story| KTLA-LTV
  3. ATM Users Beware: Skimmer Use is on the Rise

    LOS ANGELES, Calif. (KTLA) -- What you think is part of the ATM you're about to use, could be a piece of equipment owned by a criminal to steal you debit card information.
    KTLA News
    LOS ANGELES, Calif. (KTLA) -- What you think is part of the ATM you're about to use, could be a piece of equipment owned by a criminal to steal you debit card information. It's called, appropriately, an ATM Skimmer -- it reads your card, and a tiny...

    Tags: Theft, Criminals

  4. May 9, 2012 |Story| KTLA-LTV
  5. San Fernando Police Call Bomb Squad After Robbery Attempt

    SAN FERNANDO (KTLA) -- A man told a Bank of America manager in San Fernando he had a bomb on Wednesday, prompting police to call for assistance from a bomb squad.
    KTLA News
    SAN FERNANDO (KTLA) -- A man told a Bank of America manager in San Fernando he had a bomb on Wednesday, prompting police to call for assistance from a bomb squad. Police used a bean bag gun on the suspect as he tried to flee the branch at 120 Brand...

    Tags: Explosions, Bank of America Corp., Emergency Incidents

  6. Apr 27, 2012 |Story| Los Angeles Times
  7. Lehman Awarded $700 Million in Bonuses Before Collapse

    Less than a year before the 2008 collapse of Lehman Bros. plunged the global economy into a terrifying free fall, the Wall Street firm awarded nearly $700 million to 50 of its highest-paid employees, <a href=&quot;http://documents.latimes.com/lehman-compensation-chart/">according to internal documents reviewed by The Times</a>.
    Los Angeles Times
    Less than a year before the 2008 collapse of Lehman Bros. plunged the global economy into a terrifying free fall, the Wall Street firm awarded nearly $700 million to 50 of its highest-paid employees, according to internal documents reviewed by The Times....

    Tags: CEO Pay, Bankruptcy, Finance, Financial Markets, Economy, Business and Finance

  8. Mar 17, 2012 |Story| KTLA-LTV
  9. Family of Iraq Vet Uses Internet to Fight Foreclosure

    LAKEWOOD (KTLA) -- Toni Kukreja and her husband David, a Navy corpsman who spent two tours in Iraq, were in danger of losing their Lakewood home that her father built by hand.
    KTLA News
    LAKEWOOD (KTLA) -- Toni Kukreja and her husband David, a Navy corpsman who spent two tours in Iraq, were in danger of losing their Lakewood home that her father built by hand. “I watched it from the slab being poured to the day we walked in it,” Toni...

    Tags: Iraq, Bank of America Corp.

  10. Feb 16, 2012 |Story| KTLA-LTV
  11. Florida Man Turns $100 Check Into $3.3 Million Award

    KTLA News
    MIAMI (KTLA) - A Miami-Dade jury has ruled that Bank of America acted negligently when employees identified Rodolfo Valladares as a robber and activated a silent alarm. When Valladares walked into a Miami-area Bank of America in July of 2008, he just...

    Tags: Criminals, Bank of America Corp., Miami (Miami-Dade, Florida), Post-traumatic Stress Disorder

  12. Dec 21, 2011 |Story| KTLA-LTV
  13. BofA's Countrywide To Pay $335M in Discrimination Case

    Bank of America Corp's Countrywide Financial unit agreed on Wednesday to pay a record $335 million to settle civil charges that it discriminated against minority homebuyers, a historic settlement for the Obama administration in the wake of the subprime mortgage morass.
    Reuters/KTLA News
    Bank of America Corp's Countrywide Financial unit agreed on Wednesday to pay a record $335 million to settle civil charges that it discriminated against minority homebuyers, a historic settlement for the Obama administration in the wake of the subprime...

    Tags: Business Institutions, Financial and Business Services, Stock Market, Crime, Law and Justice, Housing and Urban Planning

  14. Dec 16, 2011 |Story| KTLA-LTV
  15. Woman Arrested in Identity Theft Bank Scam

    GLENDALE, Calif. (KTLA) -- Police have arrested a woman suspected of stealing more than $14,000 from bank accounts throughout Southern California.
    KTLA News
    GLENDALE, Calif. (KTLA) -- Police have arrested a woman suspected of stealing more than $14,000 from bank accounts throughout Southern California. Natalie Diamond, 48, was taken into custody in Whittier Thursday morning. As she was led into the Glendale...

    Tags: Theft

  16. Nov 30, 2011 |Story| KTLA-LTV
  17. Stocks Surge Following Good News on Jobs, Europe and China

    NEW YORK -- Investors around the world raced to scoop up stocks on Wednesday, after the Federal Reserve said it will work with other central banks to support the global economy.
    CNN
    NEW YORK -- Investors around the world raced to scoop up stocks on Wednesday, after the Federal Reserve said it will work with other central banks to support the global economy. All three major stock indexes closed the day up more than 4%, but only the...

    Tags: Stock Activities, Citigroup Incorporated, ING Group, Morgan Stanley Dean Witter & Company, Bank of America Corp.

  18. Feb 2, 2012 |Story| KTLA-LTV
  19. Victorville Woman Arrested for Preying on Elderly Victim

    VICTORVILLE (KTLA) - A woman has been arrested for preying on an elderly victim then stealing from her bank account.
    KTLA News
    VICTORVILLE (KTLA) - A woman has been arrested for preying on an elderly victim then stealing from her bank account. Law enforcement officials say Jacqueline Johnson-Seright befriended a 72-year-old Crestline resident at The Spinners gym in the Apple...

    Tags: Theft, The Spinners (music group)

  20. Jan 20, 2012 |Story| KTLA-LTV
  21. 'Explosives Threat Bandit' Linked to Venice Robbery

    VENICE, Calif. (KTLA) -- The so-called 'explosives threat' bandit has been linked to Tuesday's robbery of a Chase Bank in Venice, according to authorities.
    KTLA News
    VENICE, Calif. (KTLA) -- The so-called 'explosives threat' bandit has been linked to Tuesday's robbery of a Chase Bank in Venice, according to authorities. The bank robber also hit a bank Tuesday in the Palms area, said Laura Eimiller, a spokeswoman...

    Tags: Justice System, Explosions, FBI, Emergency Incidents, Crime, Law and Justice

  22. Jan 13, 2012 |Story| KTLA-LTV
  23. Women Get Jail for Stealing $1.1M from Tae Bo Creator

    LOS ANGELES (KTLA) -- Two operators of a Marina Del Rey company that provided bookkeeping and other services to celebrity fitness instructor Billy Blanks have been sentenced to 33 months in federal prison for stealing more than $1.1 million from him.
    KTLA News
    LOS ANGELES (KTLA) -- Two operators of a Marina Del Rey company that provided bookkeeping and other services to celebrity fitness instructor Billy Blanks have been sentenced to 33 months in federal prison for stealing more than $1.1 million from him....

    Tags: Justice System, U.S. Secret Service, Physical Fitness and Exercise, Fraud, Crime, Law and Justice

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