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  1. European Central Bank review could push weak banks to raise money, restructureSat, 25 Oct 2014 15:24:17 GMT
    The European Central Bank on Sunday will reveal the results of a yearlong search through the books of Europe's 130 biggest banks, a key part of the region's effort to recover from its debt and economic crisis. The review aims to weed out banks that are hiding financial problems that keep them from lending to businesses at affordable rates. More...
  2. Deutsche Bank lawyer found dead in apparent NY suicide: WSJSat, 25 Oct 2014 11:39:02 GMT
    The 41-year-old man was found early on Oct. 20 hanging by the neck from a stairway banister, the newspaper said. Gambino, an associate general counsel and a managing director who worked for the German bank for 11 years, was found by his wife and pronounced dead by medical practitioners at the scene, according to the paper. More...
  3. Virginia Co. Bank shareholders approve merger with EVBSat, 25 Oct 2014 07:55:01 GMT
    Shareholders of Newport News-based Virginia Company Bank on Wednesday approved the acquisition of the company by Eastern Virginia Bankshares, the holding company of EVB. More...
  4. Biz Break: Pandora and Apple struggle with unsettled music industrySat, 25 Oct 2014 04:07:48 GMT
    Today: Pandora plummets as Apple plots its next move in consumer music, an industry that still hasn't settled on a solid digital distribution method. Also: Earnings create Wall Street chaos. More...
  5. Struggling Emerge Energy Is Ready to Soar on Oil Price RecoverySat, 25 Oct 2014 00:11:25 GMT
    Your browser is not supported. Please upgrade to one of the following browsers: Google Chrome Mozilla Firefox Apple Safari Microsoft Internet Explorer 8+ You may proceed to the site by clicking here , however some pages might not work correctly. More...
  6. $1M social innovation challenge launched by BNY Mellon, foundationFri, 24 Oct 2014 20:17:37 GMT
    The Bank of New York Mellon Corp, and the BNY Mellon Foundation of Southwestern Pennsylvania on Friday announced the launch of a $1 million social innovation challenge that will help nonprofits in southwestern Pennsylvania solve critical social challenges and crowdsource technical solutions. The financial institution and foundation have partnered with The Forbes Funds to develop a platform that links nonprofits with the private sector to create break-through innovations that advance critical social missions. More...
  7. First Niagara takes $665M lossFri, 24 Oct 2014 16:16:30 GMT
    The parent of First Niagara Bank N.A. was struck by a double-whammy during the third quarter that has resulted in a net income loss of $664.8 million. Buffalo-headquartered First Niagara Financial Group Inc. said Friday that the loss stems from two items: a non-cash goodwill impairment charge of $800 million and $45 million in reserves to manage a "process issue" related to certain customer deposit accounts. More...
  8. Wells Fargo's Laura Schulte: 'You have to hit the ground listening'Fri, 24 Oct 2014 12:20:34 GMT
    Laura Schulte, Wells Fargo's head of community banking for the Eastern region, is retiring at the end of 2014. When Laura Schulte retires in December as head of Wells Fargo's Eastern region, she will walk away from the only company she has ever worked for. More...
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