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  • Midday Glance: Banks companies Tuesday, 16 Dec 2014 | 1:20 PM ET

    Bank of America Corp. rose$. 16 or. 9 percent, to $17.01. Citigroup Inc. fell$. 75 or 1.4 percent, to $52.04. Goldman Sachs rose$. 06 or percent, to $185.60.

  • Mortgage deal monitor: Ocwen review may be flawed Tuesday, 16 Dec 2014 | 12:18 PM ET

    WASHINGTON— The monitor overseeing a national mortgage settlement said Tuesday that Ocwen Financial Corp., one of the biggest U.S. servicers of home loans, has produced unreliable information about its business practices. Joseph Smith, who is monitoring banks' and mortgage servicers' compliance with the $25 billion settlement over foreclosure abuses, said...

  • Early Glance: Banks companies Tuesday, 16 Dec 2014 | 10:20 AM ET

    Bank of America Corp. fell$. 07 or. 4 percent, to $16.78. Citigroup Inc. fell$. 71 or 1.3 percent, to $52.08. Goldman Sachs fell $1.73 or. 9 percent, to $183.81.

  • US home construction drops 1.6 percent in November Tuesday, 16 Dec 2014 | 8:33 AM ET

    WASHINGTON— Construction of new homes fell slightly in November, reflecting weakness in construction of single-family homes. Builders started construction at a seasonally adjusted annual rate of 1.03 million homes and apartments last month, the Commerce Department reported Tuesday. Jennifer Lee, senior economist at BMO Capital Markets, noted that...

  • Ahead of the Bell: US home construction Tuesday, 16 Dec 2014 | 7:02 AM ET

    WASHINGTON— The Commerce Department reports on U.S. home construction in November. The report will be released at 8:30 a.m. EST Tuesday. The National Associated of Home Builders/ Wells Fargo builder sentiment index took a small dip in December but remains in positive territory.

  • WASHINGTON, Dec 16- Ocwen Financial Corp's mortgage servicing operations were criticized on Tuesday by a watchdog who questioned the independence of an internal audit group, adding to previous concerns from regulators. Ocwen is subject to the watchdog's oversight because it had acquired mortgage servicing rights from a unit of Ally Financial Inc. That...

  • Asian stocks mixed after Wall Street slide Tuesday, 16 Dec 2014 | 4:01 AM ET

    The ruble, under pressure from falling oil prices and Western sanctions over Moscow's conflict with Ukraine, had fallen as much as 20 percent before recovering. Benchmark U.S. crude rose 2 cents to close at $55.93 a barrel in New York. Brent crude, a benchmark for international oils used by many U.S. refineries, fell $1.20 to close at $59.86 in London.

  • Final Glance: Banks companies Monday, 15 Dec 2014 | 6:08 PM ET

    Bank of America Corp. fell$. 28 or 1.6 percent, to $16.85. Citigroup Inc. fell$. 61 or 1.1 percent, to $52.79. Goldman Sachs fell $3.28 or 1.7 percent, to $185.54.

  • Midday Glance: Banks companies Monday, 15 Dec 2014 | 1:43 PM ET

    Bank of America Corp. fell$. 15 or. 9 percent, to $16.98. Citigroup Inc. fell$. 24 or. 4 percent, to $53.16. Goldman Sachs fell $1.49 or. 8 percent, to $187.33.

  • Early Glance: Banks companies Monday, 15 Dec 2014 | 12:00 PM ET

    Bank of America Corp. rose$. 07 or. 4 percent, to $17.20. Citigroup Inc. rose$. 16 or. 3 percent, to $53.56. Goldman Sachs fell$. 33 or. 2 percent, to $188.49.

  • Final Glance: Banks companies Friday, 12 Dec 2014 | 6:03 PM ET

    Bank of America Corp. fell$. 34 or 1.9 percent, to $17.13. Citigroup Inc. fell $1.11 or 2.0 percent, to $53.40. Goldman Sachs fell $4.72 or 2.4 percent, to $188.82.

  • Dec 12- Raymond James& Associates, a branch of Raymond James Financial Inc, said it hired two advisers from the advisory unit of Wells Fargo& Co.. Father-and-son team Erwin and Terry Bry, and sales associate Lori Fugate previously worked at AG Edwards Inc, which was later bought by Wells Fargo. Wells Fargo was not immediately available for comment.

  • Midday Glance: Banks companies Friday, 12 Dec 2014 | 1:18 PM ET

    Bank of America Corp. fell$. 14 or. 8 percent, to $17.33. Citigroup Inc. fell$. 95 or 1.7 percent, to $53.56. Goldman Sachs fell $4.40 or 2.3 percent, to $189.14.

  • Early Glance: Banks companies Friday, 12 Dec 2014 | 10:31 AM ET

    Bank of America Corp. fell$. 07 or. 4 percent, to $17.41. Citigroup Inc. fell$. 21 or. 4 percent, to $54.30. Goldman Sachs fell $1.29 or. 7 percent, to $192.25.

  • Final Glance: Banks companies Thursday, 11 Dec 2014 | 6:02 PM ET

    Bank of America Corp. rose$. 09 or. 5 percent, to $17.47. Citigroup Inc. rose$. 04 or. 1 percent, to $54.51. Goldman Sachs rose $1.54 or. 8 percent, to $193.54.

  • Midday Glance: Banks companies Thursday, 11 Dec 2014 | 1:18 PM ET

    Bank of America Corp. rose$. 26 or 1.5 percent, to $17.64. Citigroup Inc. rose$. 48 or. 9 percent, to $54.95. Goldman Sachs rose $2.42 or 1.3 percent, to $194.42.

  • FINRA fines 10 banks over Toys R Us IPO conduct Thursday, 11 Dec 2014 | 12:29 PM ET

    Barclays PLC, Citigroup Inc., Credit Suisse Group AG, Goldman Sachs Group Inc., and JPMorgan Chase& Co. were fined $5 million each. Deutsche Bank AG, Bank of America Corp., Morgan Stanley and Wells Fargo& Co. were each fined $4 million and Needham& Co. was fined $2.5 million. JPMorgan Chase, Goldman Sachs, Bank of America, Credit Suisse, Deutsche Bank, Morgan Stanley and...

  • Early Glance: Banks companies Thursday, 11 Dec 2014 | 11:28 AM ET

    Bank of America Corp. rose$. 23 or 1.3 percent, to $17.61. Citigroup Inc. rose$. 57 or 1.0 percent, to $55.04. Goldman Sachs rose $1.93 or 1.0 percent, to $193.93.

  • Banks fined $43M over Toys R Us IPO conflicts Thursday, 11 Dec 2014 | 10:50 AM ET
    Richard Ketchum, chairman and chief executive officer of the Financial Industry Regulatory Authority (FINRA).

    The Financial Industry Regulatory Authority said Thursday that it fined 10 banks over conflicts from the 2010 planned IPO of Toys"R"Us.

  • Harvard professor apologizes to Chinese restaurant Thursday, 11 Dec 2014 | 7:03 AM ET

    BOSTON— A Harvard Business School instructor who blasted a Boston- area Chinese restaurant for overcharging him by $4 on a takeout order apologized Wednesday for a lengthy and widely publicized email exchange with restaurant management. Associate professor Benjamin Edelman had threatened legal action and demanded the Sichuan Garden in Brookline...