| Mortgage delinquencies rise, Mortgage Bankers Association says The percentage of commercial and multifamily mortgages past due rose during the second quarter, the Mortgage Bankers Association said Wednesday. feeds.bizjournals.com |
Wachovia’s fall still eliciting lawsuits CHARLOTTE – It’s been nearly a year since Wachovia Corp. faltered, and lawsuits related to the bank’s demise continue to filter through the courts. feeds.bizjournals.com |
Saks plans $100 million stock offering (AP) Luxury department store operator Saks Inc. announced Tuesday plans to sell $100 million of its common stock. Underwriters will also be given a 30-day option to buy up to another $15 million of stock if demand exceeds initial supply. us.rd.yahoo.com |
BIS: a bust-up in Basel (at FT.com) Bankers are back to the excessive risk taking that brought on the financial crisis. That, at least, is the fear of the Bank for International Settlements. The so-called "central banks' central bank" has summoned a number of private sector bank chiefs to Basel this weekend to rap their knuckles about the return of "aggressive behaviour that prevailed during the pre-crisis period." us.rd.yahoo.com |
Five Consecutive Years of Growth for Portico Systems (Business Wire) PHILADELPHIA----Portico Systems, the leader in Integrated Provider Management solutions, reports the fifth consecutive year of double digit growth in 2009 as it expands its market presence by helping health insurance companies achieve greater efficiency, administrative cost savings and improved provider relationships. us.rd.yahoo.com |