Saturday, March 10, 2012

Bank of America reduces the mortgage lending!

WASHINGTON — Bank of America Corp. said Friday it would reduce the amount owed by as many as 200,000 underwater homeowners as part of the recently announced government foreclosure settlement with top mortgage servicers.

Tuesday, March 6, 2012

Lloyds’ changes in its senior management structure!

Lloyds Banking Group has announced changes in its senior management structure as follows:

Friday, March 2, 2012

Deutsche Bank Rejects Proposed Settlement with Leo Kirch Dispute!

Deutsche Bank AG (DBK) rejected a proposal to settle a 10-year dispute tied to comments by its former Chief Executive Officer Rolf  Breuer about Leo Kirch’s media group.