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Tag Archives: bank

U.S. bank earnings rose this winter to 5-year high

WASHINGTON — U.S. bank earnings rose in the first three months of the year to the highest level in nearly five years and the number of troubled banks fell for the fourth straight quarter. The mostly positive first-quarter earnings released ...

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SEC reviewing JPMorgan’s filings after $2B loss

WASHINGTON — Federal regulators are reviewing what JPMorgan Chase told investors about its finances and the risks it took weeks before suffering a multibillion-dollar trading loss. Mary Schapiro, chairman of the Securities and Exchange Commission, told the Senate Banking Committee ...

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First Mariner wins TRO to block law firm’s letters

First Mariner Bank secured a 14-day restraining order against a Connecticut-based law firm that has been sending letters to the bank’s customers, stating that the bank is facing litigation and regulatory action for fraudulent lending practices. Judge James K. Bredar ...

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