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.
And as many as 3,000 jobs may have to go.
The scale of the London’s demise has been laid bare by figures that show the number of frontline workers in the banking industry has fallen to an eight-year low.
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.
Have the aftershocks of the Tottenham Hotspur manager's short tenure at Stamford Bridge been critical in Chelsea's decision not to offer a new contract to Frank Lampard?
The brother of first-teamer Eden Hazard is currently on loan at unfancied Belgian outfit Zulte-Waregem; who are mounting a serious title challenge this term much to the surprise of Belgian pundits.
Relations between Tottenham Hotspur and Manchester United are pretty low at present, it's fair to say.
Southampton have trumped Liverpool in the pursuit of a highly rated 25-year-old Italian international with an initial £8 million bid.
Moroccan international and QPR midfielder Adel Taarabt revealed in December, before he was omitted from his country’s African Cup of Nations squad, that he had been asked by his manager Harry Redknapp not to participate in the continental competition.
The Real Madrid midfielder is currently on loan at Getafe, but has been linked with a permanent move to Goodison Park this January and if David Moyes can pull the deal off, it would be an excellent acquisition for the Toffees.