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  1. Federal Court Finds No Willful Violation for Misclassification of Mortgage Loan OfficersTue, 16 Sep 2014 02:50:30 GMT
    A federal court in Oklahoma delivered another blow to claims by mortgage loan officers that they are entitled to overtime under the Fair Labor Standards Act . In Chapman v. More...
  2. Column: Will The Swiss Vote to Get Their Gold Back?Mon, 15 Sep 2014 22:43:54 GMT
    On November 30th, voters in Switzerland will head to the polls to vote in a referendum on gold. On the ballot is a measure to prohibit the Swiss National Bank from further gold sales, to repatriate Swiss-owned gold to Switzerland, and to mandate that gold make up at least 20 percent of the bank's assets. More...
  3. Wells Fargo Bank settles with tellers over sex-harassment claimsMon, 15 Sep 2014 22:43:53 GMT
    File - JULY 11: Wells Fargo reported profits rose 4% from the same period last year, however the results were slightly lower than expected and the stock was down on early trading. - OAKLAND, CA - JULY 19: A sign is posted in front of a Wells Fargo Bank branch on July 19, 2011 in Oakland, California. More...
  4. San Francisco luxury homes hit record price tag of $3.3 millionMon, 15 Sep 2014 22:43:52 GMT
    Katherine August-deWilde, president of San Francisco-based First Republic Bank, says several factors contributed to the Bay Area's luxury homes hitting a record price in the second quarter. The average luxury home in the San Francisco Bay Area reached an all-time high of $3.3 million, according to First Republic Bank's Prestige Home Index. More...
  5. First Citizens looking to Central Ohio amid M&A pushMon, 15 Sep 2014 20:37:42 GMT
    The Sandusky-based parent of Citizens Banking Co., which operates branch offices in Dublin and Plain City, showed a desire to expand its footprint with a $17.2 million agreement to purchase Dayton-based TCNB Financial Corp. "Everybody wants to be ," Dutton told me. "If you get into a bidding situation, there's always somebody willing to pay more. More...
  6. EXCLUSIVE: Cincinnati employers expected to add thousands of jobs, PNC economist saysMon, 15 Sep 2014 19:34:51 GMT
    Greater Cincinnati employers are going to keep adding workers next year, to the tune of about 15,000 more jobs. That's the prediction of Stu Hoffman . More...
  7. New Cibc Ceo announces reorganization of bank's senior executivesMon, 15 Sep 2014 17:17:44 GMT
    Major changes are afoot in the executive ranks of the Canadian Imperial Bank of Commerce , as incoming chief executive Victor Dodig shuffles a number of leadership roles and announced the exit of one key executive. Dodig, who began his job as head of the bank on Monday, says chief operating officer Richard Nesbitt is leaving CIBC immediately, accelerating his initial plan to retire in October 2015. More...
  8. Popular Community Bank completes sale of C. Fla. operationsMon, 15 Sep 2014 16:16:51 GMT
    Popular Community Bank, the U.S. banking subsidiary of Popular Inc. , completed the previously announced sale of its Central Florida regional operations to Harbor Community Bank , a wholly owned subsidiary of HCBF Holding Co. Inc. As part of the transaction, Popular Community Bank sold its nine branches in the Central Florida area, including $104 million in loans and $217 million in deposits, each as of Aug. 31. The transaction is expected to result in a net premium of about $1 million before customary transaction-related costs. More...
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