CHARLOTTE, N.C. (AP) — Charles Clifford “Cliff” Cameron, credited with building Charlotte’s reputation as a banking hub before joining Gov. Jim Martin’s administration to help with budget matters, has died. Cameron, 96, died Saturday at Southminster Retirement Community in Charlotte, ...

Tagged with: banks First Union

NEW YORK (AP) — Lawsuits against 16 of the world’s largest banks alleging they colluded to manipulate the primary benchmark for global short-term interest rates have been reinstated by a federal appeals court that found Monday that a judge had ...

Tagged with: banks LIBOR

WASHINGTON (AP) — Federal regulators say that five of the biggest banks in the U.S. have inadequate plans for unwinding operations in case of failure, potentially leaving them unable to cope with financial distress without another taxpayer bailout. JPMorgan Chase, ...

Tagged with: banks

WASHINGTON (AP) — The impact of plummeting oil prices has shown up in the financial picture of U.S. banks, whose losses from loans increased for the first time in 5½ years, according to new government data. U.S. bank earnings jumped ...

Tagged with: banks

FRANKFURT, Germany (AP) — Swiss bank UBS saw its shares slide on Tuesday on news that investors had pulled billions out of its division serving wealthy clients — a token of the market turbulence that has shaken the world in ...

Tagged with: banks

Lenders are reluctant to foreclose on condo and homeowner associations, for several reasons. In many states, the association has a super-priority lien, and if the bank forecloses, it has to pay the association several months of outstanding condo dues.

Tagged with: banks foreclosures homeowners' associations

DEAR MR. BERKO: I envy the politicians, including Bill Clinton and George W. Bush, who invested money in the deals with The Carlyle Group and made millions. Now that The Carlyle Group has come public (May 2012), it has lowered ...

Tagged with: banks

Dear Mr. Berko: My grandfather died in 2001 with eight different stocks in his footlocker, and I can’t find one of them in the paper. A broker told me he could send them to his home office, and for $150 ...

Tagged with: banks Berko stocks