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2013 May Be the Year U.S. Employees Say 'I Quit!'

Exit Sign

The steady drumbeat of 'you're just lucky to have a job' that played through the recession is finally starting to fade and employees may be getting ready to say, 'I quit!', and bolt for the nearest exit.

BofA Escaping Countrywide Helps CEO Moynihan Build

Brian Moynihan

Bank of America Tuesday struck deals to settle lending complaints, sell rights to service $300bn of mortgages and repair relations with regulators. For CEO Brian Moynihan, it offers his best chance to rebuild the home lending business.

Banks Pay Big for Robo-Signing...Again


Ten banks will now pay $8.5 billion to borrowers for so-called "robo-signing," a fraudulent practice uncovered two years ago that sent the mortgage market into yet another tail-spin.

Houlihan Lokey Acquires Milestone Advisors, LLC

Houlihan Lokey Logo

Houlihan Lokey, the international investment bank, has announced that it has acquired Milestone Advisors, LLC (Milestone), a Washington, D.C.-based independent investment banking firm which provides mergers and acquisitions, corporate finance, and asset valuation and sale advisory services to clients in the financial services industry. The transaction closed on December 31, 2012.