Stories tagged: banks
Fri., Oct. 14, 2016, 4:40 p.m.
Ohio to suspend doing business with Wells Fargo
Ohio’s Republican Gov. John Kasich announced Friday that he was suspending Wells Fargo from doing business with state agencies, and excluding the bank from participating in any state bond offerings.
Fri., Sept. 23, 2016, 3:02 p.m.
Pressures mount on Wells Fargo following fake-accounts scandal
Pressure mounted on Wells Fargo & Co. Friday following its fake-accounts scandal, as the bank faced new calls to allow affected customers to file lawsuits and for the board of …
Tue., Aug. 30, 2016, 12:03 p.m.
US bank earnings in Q2 climbed 1.4 percent to $43.6B
U.S. banks’ earnings in the April-June period rose 1.4 percent from a year earlier as growth in lending fueled interest income.
Sun., Aug. 28, 2016
Consumer Confidential: Consumers want court date when banks don’t play fairly
The vast majority of consumers want to know they can seek their day in court if they get in a beef with a bank. That’s the main takeaway of a …
Fri., Aug. 5, 2016, 1:24 p.m.
Prosecutors ask appeals panel to rehear Bank of America case
A federal appeals panel should reconsider its reversal of a fraud verdict against Bank of America Corp. and $1.2 billion penalty resulting from the bank’s actions during the 2008 financial …
Fri., July 29, 2016, 10:41 a.m.
U.S. regulators: Still heavy risk in big bank loans
Federal regulators say risk remains heavy in large loans made by banks and other financial institutions, though lending standards have improved.
Thu., June 23, 2016, 5:18 p.m.
Nation’s largest banks all pass Fed’s ‘stress tests’
The largest U.S. financial institutions have enough armor to withstand the turmoil of a major and prolonged national and global recession, the Federal Reserve said Thursday.
Thu., June 2, 2016, 12:48 p.m.
Payday lenders face federal restrictions in aim to protect borrowers
Federal regulators are proposing a significant clampdown on payday lenders and other providers of high-interest loans, saying borrowers need to be protected from practices that wind up turning into “debt …
Fri., May 27, 2016, 10:45 a.m.
Researchers: Asian bank hacks may be linked to North Korea
Cybersecurity researchers said North Korea might be connected to a recent attack that resulted in the theft of over $100 million from the Bangladeshi central bank and the attempted thefts …
Wed., April 13, 2016, 4:38 p.m.
Some big U.S. banks have 6 months to present disaster plans
Five of the biggest U.S. banks have six months to get their disaster plans in shape. That’s the message regulators issued Wednesday after giving the banks failing grades for the …
Wed., March 30, 2016, 1:55 p.m.
U.S. stocks rise, led by banks, tech companies
The Dow Jones industrial average rose 83.55 points, or 0.5 percent, to 17,716.66. The Standard & Poor’s 500 index gained 8.94 points, or 0.4 percent, to 2,063.95. The Nasdaq composite …
Tue., Feb. 23, 2016, 9:53 a.m.
U.S. bank earnings jump 11.9 percent in Q4; loan losses up
U.S. bank earnings jumped 11.9 percent in the final three months of 2015 compared with the previous year on rising revenue, and legal expenses declined as some big banks wound …
Sat., Aug. 1, 2015
Idaho Senator Mike Crapo raises record re-election funds
BOISE – Idaho Sen. Mike Crapo is flush with campaign cash as he seeks a fourth six-year term, with more than $4.2 million in the bank and a record fundraising …
Sun., Oct. 19, 2014
Spokane City Countil to consider registry for abandoned homes
The windows and doors are boarded with plywood, the siding is fading and falling off and the yard is littered with soggy mattresses. No crystal ball is needed to see …
Sun., Feb. 23, 2014
Banks shy away from marijuana business despite federal approval
Most banks and credit unions in Washington aren’t ready to open accounts for the state’s fledgling marijuana industry, despite new federal guidelines that offer some protection from prosecution. The Justice …
Tue., Nov. 26, 2013, 5:51 p.m.
Police identify suspect in two bank robberies
Spokane police have identified the suspect in two bank robberies earlier this month.
Mon., Oct. 28, 2013
Then and Now photos: Banks by bridge once ‘Shacktown’
For several decades, a collection of shacks lined the Spokane River downstream from the Monroe Street Bridge, beneath the trains that rattled along the rim of the gorge. The squatters, …
Sat., Nov. 3, 2012
Two deals help raise profile of local bank
AmericanWest Bank completed a blockbuster week that saw the Spokane-based lender finish the purchase of a small California bank and strike a deal to buy an Oregon bank that will …
Sat., Sept. 15, 2012
Sizing up TARP: In Lilac City, a Sterling example
Bailout has become a dirty word. Like most dirty words, it has migrated a long way from any actual meaning and become a verbal cudgel. It might be useful to …
Thu., July 19, 2012, 6:25 p.m.
Bank robbed in Spokane’s Indian Trail area
A masked man robbed a bank in northwest Spokane today.
Wed., March 7, 2012, 10 a.m.
Another bank robbed in Spokane, police say
A robbery has been reported at Sterling Savings bank at 103 E. Queen Ave. in north Spokane.
Sat., Oct. 15, 2011, 1 a.m.
Shawn Vestal: It’s time to think outside of the bank
Are you stuck in a loveless marriage? Feeling taken advantage of? Taken for granted? Taken for a fool?
Wed., July 20, 2011, 1:54 p.m.
Suspected bank robber arrested in Spokane River
A convicted child rapist and suspected bank robber was pulled from the Spokane River today after leading police on a chase into a cemetery.
Sun., Feb. 20, 2011
Caldwell: Prudent Wheatland a star in banking circles
Wheatland Bank earned a profit last quarter, as it has for every quarter since it was founded in Davenport 32 years ago. The holding company, Community Financial Group Inc., raised …
Fri., Feb. 18, 2011
Shawn Vestal: ‘Loan mods’ leave Main Street crumbling
In April 2009, a Kootenai County homeowner struggling to pay the mortgage got a letter encouraging enrollment in a federal program meant to help people avoid foreclosure. The homeowner called …
Sun., Sept. 5, 2010
Bert Caldwell: Costs high, benefits higher in saving Sterling
The successful recapitalization of Sterling Financial Corp. may well be the best economic news of 2010 for Spokane. Thanks in part to that “bailout” we all say we hate.
Tue., Aug. 31, 2010
Sterling Financial paying millions to new chairman
New Sterling Financial Corp. Chairman Les Biller was paid $1.5 million to accept the position, and will receive a total $4.5 million by Dec. 31, 2012, unless he resigns. Biller’s …
Sun., Aug. 29, 2010
Sterling turns the corner after cease-and-desist order
A new Sterling Financial Corp. management team did not know what would be expected of them in October 2009. Federal and state regulators had forced the board of directors to …
Thu., April 29, 2010
GOP relents on financial bill
WASHINGTON – Ending three straight days of solid opposition, Senate Republicans agreed Wednesday to start a full-scale debate on the most far-reaching proposals to toughen regulation of financial institutions since …
Mon., April 26, 2010
George Goehl: Pass reform to send banks crucial message
As kids, we brought our rolled-up coins to the bank and opened savings accounts. The bank would pay us interest for letting it reinvest our money. Later, we’d borrow from …