Buffalo man admits to defrauding banks of nearly $500,000
BUFFALO, N.Y. — A former Buffalo resident pleaded guilty on Tuesday to orchestrating a scheme that defrauded two banks out of nearly half a million dollars. Joshua Parra, 32, who…
BUFFALO, N.Y. — A former Buffalo resident pleaded guilty on Tuesday to orchestrating a scheme that defrauded two banks out of nearly half a million dollars. Joshua Parra, 32, who…
RED BANK, NJ – The much-loved Red Bank Halloween Parade returns for its 76th year on Sunday, October 20, 2024, bringing together local families, community groups, and Halloween enthusiasts for…
Bridgewater, NJ – The Somerset County community is invited to contribute to local food banks by donating canned and non-perishable food items at upcoming E-Waste and First Saturday events. The…
Republican Rep. Jim Banks of Indiana demanded the Pentagon give updated data on diseases rates that could show whether COVID-19 or the vaccine caused the illnesses to spike as side…
Vanessa Roberts Avery, United States Attorney for the District of Connecticut, and Robert Fuller, Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation, today…
By Dietrich Knauth (Reuters) – The U.S. Internal Revenue Service on Tuesday sued the Federal Deposit Insurance Corporation, asking a judge to determine how much the FDIC must pay to…
(Adds graphic) By Carolina Mandl, Matt Tracy and Saeed Azhar NEW YORK/WASHINGTON (Reuters) -New York Community Bancorp’s exposure to commercial real estate has intensified investor scrutiny around regional banks, with…
By Timour Azhari BAGHDAD (Reuters) – Iraq has banned eight local commercial banks from engaging in U.S. dollar transactions, taking action to reduce fraud, money laundering and other illegal uses…
(Reuters) – China’s major state-owned banks were heavy sellers of dollars on Wednesday, three people with direct knowledge of their activity said, steadying the yuan as it came under pressure…
(Reuters) – Czech policymakers could consider accelerating the pace of interest rate cuts as inflation ebbs to “relatively standard” levels, Czech National Bank (CNB) board member Tomas Holub said in…
By Tom Sims, Jesús Aguado and Valentina Za FRANKFURT/MADRID/MILAN (Reuters) – European banks’ run of soaring profits and record shareholder payouts faces a big test this week when investors assess…
LONDON (Reuters) – Major central banks have likely come to the end of what has been the most aggressive tightening cycle in decades, but some are pushing back against market…
By Huw Jones LONDON (Reuters) -The Bank of England said on Thursday that its rules requiring banks to “ring fence” their retail arms with bespoke buffers of capital have worked…
By Dharamraj Dhutia, Nikunj Ohri and Jayshree P Upadhyay MUMBAI (Reuters) – Indian lenders have suggested that investments in perpetual bonds issued by banks should be valued according to the…
By Huw Jones LONDON (Reuters) – Banks in the European Union face closer scrutiny of how they assess the impact of interest rate changes on their balance sheets after an…
FRANKFURT (Reuters) -Euro zone banks expect a small rebound in the demand for mortgages and corporate loans for the first time in two years as a slump in lending shows…
FRANKFURT (Reuters) – The world’s biggest central banks may be on the verge of securing the holy grail of monetary policy: an economic soft landing, despite the sharpest interest rate…
BRIDGEWATER, NJ – In a significant community effort, the Somerset Patriots, along with Clinton Honda and Land Rover Princeton, have donated $25,000 to four Somerset County food banks. The donation,…
By Matt Tracy (Reuters) – Two major U.S. regional banks raised a total $4.75 billion selling bonds on Thursday, on the back of strong demand in a sign that fixed…
By Selena Li HONG KONG (Reuters) – China has granted six foreign banks licences allowing them to act as lead underwriters for debt issues in China, as it admits more…
(Reuters) – M&T Bank’s fourth-quarter profit plummeted 37% on Thursday, due to higher deposit costs and a special assessment fee the lender has to pay to refill a government deposit…
A look at the day ahead in European and global markets from Rae Wee The light economic data calendar in Europe on Thursday means the focus stays on rates, with…
HANOI (Reuters) – Vietnam’s legislature on Thursday approved new rules that lower the maximum stake investors can hold in domestic banks, a move aimed at reducing risks of market manipulation,…
ZURICH (Reuters) – UBS’s return on equity may be higher than currently expected, once the integration of its former rival, Credit Suisse, has been completed, its chairman said on Wednesday.…
(Reuters) – UBS Global Research increased its year-end target for the S&P 500 on Tuesday to 5,150, marking the highest projection among major global banks and indicating a potential 8%…