Wells Fargo $1 billion mortgage litigation settlement brings down 3Q earnings

Wells Fargo $1 billion mortgage litigation settlement brings down 3Q earnings

Wells Fargo saw a drop in its third quarter earnings from both the previous quarter and the previous year due to its $1 billion mortgage litigation
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Philippines processing banking applications from 8 foreign lenders -central bank official

MANILA, Oct 13 (Reuters) – Eight foreign banks have applied to open offices in the Philippines, adding to 10 that have received approval since one of
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New Lending Services Price Index, second quarter 2017

The New Lending Services Price Index decreased 2.6% in the second quarter of 2017, following a 0.3% increase in the previous quarter. Decreases
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Ontario's Kindred Credit Union joins global ethical banking group

The GABV, founded in 2009, is an independent network of banks, banking co-ops and credit unions which use finance to deliver sustainable
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Wells Fargo hit by legal costs, revenue misses Street view

N) earnings scraped past Wall Street estimates but revenue missed for the fourth straight quarter, sending shares of the third-largest U.S. bank by
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Bank of America earnings: Consumer banking boosts results

Bank of America's earnings in the third quarter came in stronger than expected, boosted by strength in its consumer banking business. Overall, the
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Houston housing market rebounds post-Harvey

The Houston real estate market proved resilient in September as home sales rebounded following the devastation from Hurricane Harvey, according
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Pound Holds Weekly Gain as Pricing for BOE Rate Increase Climbs

The pound swung between gains and losses on Friday, whipsawed by headlines surrounding the status of the U.K.'s eventual exit from the EU.
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Trump Tweet Hits Sore Spot: Slow Pace of Puerto Rico's Recovery

President Donald Trump's Thursday morning tweet that the federal government can't help Puerto Rico “forever” infuriated some of the U.S.
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Twitter Is Crawling With Bots and Lacks Incentive to Expel Them

On Wednesday, the exterior of Twitter's San Francisco headquarters bore an eerie message: “Ban Russian Bots.” Someone— the company doesn't
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Bank of America earnings top Wall Street estimates, shares rise

Bank of America shares rose 0.7 percent in the premarket after reporting stronger-than-expected quarterly results. The bank's fixed-income trading
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BMO Capital Markets Reaffirms “Buy” Rating for Baxter International Inc. (BAX)

Baxter International logo Baxter International Inc. (NYSE:BAX)'s stock had its “buy” rating restated by investment analysts at BMO Capital Markets in a
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Catalan Clock Ticks as Puigdemont Pressured by Separatist Allies

Secessionist allies piled pressure on Catalan President Carles Puigdemont to formally declare independence from Spain as a deadline looms for him
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Hunt Mortgage Group to offer enhanced Fannie Mae hybrid ARM

The hybrid ARM is a flexible financing tool that offers significant proceeds and various loan term options to provide liquidity to support the small-loans
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Uber Launches Appeal Against London License Ban

Uber Technologies Inc., the world's largest startup, appealed a London regulator's decision to revoke the car service's license as it seeks more
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Bollinger Bands Signal Check on Freddie Mac Pfd Z (FMCKJ)

Studying the short-term chart on shares of Freddie Mac Pfd Z (FMCKJ), we have noted that the current 20-Day Bollinger Bands signal is presently
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Great Wall Motor in Talks With BMW Over Mini Brand in China

Bloomberg News reported the talks on Thursday. The companies have not entered into any legal agreement to establish a joint venture in China,
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NEW REPORT: Cashing The Paper Check Out Of The Loyalty Cash Back Equation

International investors are increasingly attracted to U.S. real estate — to the tune of …. “It's a trend that looks like it will continue for a while,” he said.
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House GOP's Tax-Cut Hopes Ride on Deciding Who Is Middle Class

House Republicans agree with President Donald Trump that they want to cut taxes for the middle class, but who fits that definition is where the
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La Croix's Seltzer Bubble May Be Ready to Burst

“La Croix has a good fan base, it's one of those products that comes in every once in awhile,” said Kenneth Shea, Bloomberg Intelligence senior
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