(NEW YORK)An analyst said Thursday some regional banks are in danger of needing to cut their dividends to meet guidelines set forth by regulators about how banks should manage those payouts....READ MORE
(NEW YORK)Critics are outraged that the nation's banks are using billions of dollars of federal bailout money to buy other banks instead of boosting their lending. But is that really such a ...READ MORE
(LOS ANGELES)City National Corp. said late Wednesday it lowered its prime lending rate to 4 percent from 4.5 percent. The cut in the prime rate matches the 0.5 percent rate cut the Federal Rese...READ MORE
(NEW YORK)A number of financial institutions, including Capital One Financial Corp. and SunTrust Banks Inc., have announced they will receive funds under the Treasury Department's rescue pro...READ MORE
(LOS ANGELES)The owner of City National Bank said Monday it received preliminary approval to receive $395 million as part of the federal government's financial rescue plan.READ MORE
(LOS ANGELES)City National Bank said late Wednesday it lowered its prime lending rate to 4.5 percent from 5 percent. The cut in the prime rate matches the 0.5 percent rate cut the Federal Reser...READ MORE
(NEW YORK)Shares of regional banks lacked direction Wednesday as news of Goldman Sachs' successful capital raising efforts was not enough to quell anxiety among investors awaiting details of...READ MORE