Georgia Lottery Players Suckers Spending Most for Least

Georgia (STOGA1)’s lottery players are the biggest suckers in a nation buying more than $50 billion a year in tickets for state-run games, which have the worst odds of any form of legal gambling.

J.P. Morgan extends corporate mobile banking platform!

J.P. Morgan Treasury Services has continued the rollout of its ACCESS Mobile banking platform, with China, India and Vietnam now on line.

Lloyds and project Verde!

Lloyds Banking Group has issued an update on project Verde and its proposed sale of branches to The Co-operative Group.

Bank lending scheme targets smaller businesses

A £20bn government scheme to try to boost bank lending to small and medium-sized enterprises (SMEs) has been launched by the chancellor.

"Negative outlook" for Britain's credit rating!

The Fitch credit ratings agency has joined Moody's and put the UK's top AAA rating on "negative outlook".

Easiest Credit Worldwide Shows No Signs of Abating as Fear Index Plummets!

Central bankers are taking a break rather than hitting the brake.

Even as they pause campaigns to spur economic growth, Federal Reserve Chairman Ben S. Bernanke, European Central Bank President Mario Draghi and counterparts at the Bank of England and Bank of Japan aren’t taking signs of recovery for granted. That’s a shift from 2011, when some greeted an improving outlook by considering or embracing tighter monetary policy, only to see expansion fade.

TD Bank Names Greg Braca as Head of Corporate and Specialty Banking

TD Bank, America's Most Convenient Bank®, has named Greg Braca as Head of U.S. Corporate and Specialty Banking, reporting to TD Bank President and CEO Bharat Masrani.

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.

Lloyds’ changes in its senior management structure!

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

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.