Banking & Financial Services News

Morning Edition

Dallas shoppers becoming more sophisticated with their spending

Deloitte found that North Texans on average plan to spend $1,304 this year on holiday expenses, which can include gifts, travel and entertainment.

Washington Bureau

Has big business hijacked regulatory reviews meant for small business?

A new report from the Center for Effective Government concludes that small business panels that review proposed regulations at EPA, OSHA and the Consumer Financial Protection Bureau simply give big businesses another shot at weakening public protections.

BofA slapped with $250 million fine after FX trading 'impropriety'

Federal authorities fined BofA, JPMorgan Chase and Citigroup a total of $950 million for manipulating the trade of foreign currencies.

How To: Growth Strategies

4 'Pearls of wisdom' on how to succeed from a Wall Street banker

Here are a few pearls of wisdom from Morgan Stanley’s Carla Harris

Morning Edition

Hunts' InfraREIT plans IPO before Oncor sale

The state's largest power line sale likely will go up for auction in early 2015.

Washington Bureau

Small business confidence rebounds, NFIB survey finds

October was a good month for small business confidence, as NFIB's monthly index bounced back from a weak number in September. But many business owners still aren't convinced the economy is going to get better.

DBJ Confidential

Allen West to focus on policy over politics, fund-raising at NCPA

Minimizing bureaucracy and focusing on policy over politics will be the goals of former Florida congressman Allen West when he takes the helm as the CEO of the Dallas-based National Center for Policy Analysis.

DBJ Confidential

Sam Pack will auction off 132 of his prized cars to the highest bidder

Highlighting the auction will be three Shelby 289 Cobras from the early 1960s valued from $350,000 up to $1.4 million.

Triumph IPO hits market below target price, officials still hopeful about future

Triumph's IPO sold 6.7 million shares for $12 each, bringing in $80.4 million. But its share price was initially gauged at $14 to $16, and the bank was projected to raise $101 million.

DBJ Confidential

Funded: Find out which North Texas tech companies recently raised capital

​Two North Texas technology companies recently announced new rounds of funding this week.

Morning Edition

Wells Fargo, feds talk settlement in mortgage case

Banking behemoth Wells Fargo & Co., the nation's largest mortgage lender, is reported to be in settlement talks with the U.S. government to resolve allegations that it cheated taxpayers by submitting ineligible home loans to a federal insurance program.

Wells Fargo CEO offers rare family details at Out & Equal's LGBT diversity conference

Wells Fargo Chairman and CEO John Stumpf shared his personal experiences with diversity and rare details about his own family in a keynote address at Out & Equal's Workplace Summit in San Francisco.

McKinney man faces federal charges after arrest for alleged Bitcoin Ponzi scheme

A complaint unsealed on Thursday in a Manhattan federal court claims that Trendon Shavers failed to use the investment strategies he had shared with his investors, didn't honor their redemption requests and would not pay them the promised 7 percent interest per week.

Preston Hollow Capital invests nearly $49M in San Antonio real estate

Preston Hollow Capital has made its latest investment of $48.9 million in San Antonio master planned community Cibolo Canyons.

How To: Funding

Top 10 reasons banks won't loan money to your business

It's becoming increasingly difficult for small business owners to secure funding through a bank. Here are 10 reasons why banks are declining loan requests from small business owners.