Finance
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Who are the top 5 donors to Romney?Oct 19, 2012 3:49 pm - WASHINGTON — For a casino mogul worth an estimated $25 billion, $34.2 million may sound like chump change. Yet that’s how much money Sheldon Adelson has donated so far t...
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European bank supervisor step closer but deal hazyOct 19, 2012 8:27 am - BRUSSELS — European leaders took a step toward creating a single supervisor for banks in countries that use the euro on Friday but refused to pin down a start date. Alth...
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Venture capital firm to open Chicago officeOct 18, 2012 10:01 am - A leading venture capital firm is opening an office in Chicago, giving a boost to Mayor Rahm Emanuel’s efforts to attract high-tech businesses and entrepreneurs to the c...
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Fifth Third 3Q net income falls on chargesOct 18, 2012 8:37 am - CINCINNATI — Fifth Third Bancorp reported Thursday that its third-quarter net income fell because of one-time expenses related to debt repayment and accounting issues. S...
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Morgan Stanley shares rise on higher earningsOct 18, 2012 8:37 am - NEW YORK — Morgan Stanley reported higher revenue and net income for its third quarter Thursday thanks to gains in its bonds and asset management businesses. Excluding ...
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After Pandit, a smaller Citi could get smaller yetOct 17, 2012 8:30 am - NEW YORK — The incredible shrinking bank may have to shrink more. In the hours after Tuesday’s surprise announcement that Citigroup CEO Vikram Pandit was stepping down, ...
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Narrow profit for Bank of America beats expectationsOct 17, 2012 8:30 am - NEW YORK — Bank of America said Wednesday that it narrowly turned a profit from July through September, good enough to beat Wall Street expectations. The bank earned $34...
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Citi beats expectations after loss on brokerageOct 15, 2012 10:56 am - NEW YORK — Citigroup says it has beat Wall Street predictions for quarterly earnings after stripping out a big loss on its retail brokerage and other one-time charges. ...
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Wells Fargo earnings rise in 3Q as loan book growsOct 12, 2012 9:22 am - Wells Fargo posted record earnings in the third quarter as the bank increased mortgage lending and pocketed more fees. Wells, the nation’s biggest mortgage lender, expa...
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Profits soar at 2 largest mortgage lendersOct 12, 2012 6:00 am - NEW YORK — Is the mortgage market really back? The country's two biggest mortgage lenders, Wells Fargo and JPMorgan Chase, reported Friday that a surge in home lending p...