Financial services

January 19, 2018 - 7:12 am
MONCKS CORNER, S.C. (AP) — A South Carolina school district has sued a North Carolina insurance brokerage, saying it sold the district excessive policies and charged too much. The Post and Courier of Charleston reported the Berkeley County School District sued in U.S. District Court seeking more...
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A woman walks past a display showing symbols for world currencies on the exterior of a bank in Beijing, Thursday, Jan. 18, 2018. Financial regulators in China say cross-border capital flows hit a turning point in 2017 as foreign currency reserve levels stabilized after two years of declines. (AP Photo/Mark Schiefelbein)
January 18, 2018 - 12:27 am
HONG KONG (AP) — China's cross-border capital flows hit a turning point in 2017 as foreign currency reserve levels stabilized after two years of declines, the country's foreign exchange regulator said Thursday. The supply and demand of foreign exchange "have shifted to a basic equilibrium" thanks...
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FILE - In this Nov. 14, 2015 file photo, women display paper currency after receiving cash support from UNICEF, in Sanaa, Yemen. Saudi Arabia's King Salman has ordered the transfer of $2 billion to Yemen, a day after the war-torn country's Saudi-backed prime minister called on the kingdom and its allies to save the local currency from "complete collapse." Saudi Arabia said in a statement on Wednesday, Jan. 17, 2018, that funds would be deposited in Yemen's Central Bank to help address the "deteriorating economic situation faced by the Yemeni people." (AP Photo/Hani Mohammed, File)
January 17, 2018 - 8:45 am
RIYADH, Saudi Arabia (AP) — Saudi Arabia's King Salman ordered the transfer of $2 billion to Yemen on Wednesday, a day after Yemen's Saudi-backed prime minister made an urgent appeal on the kingdom and its allies to save the local currency from "complete collapse." Prime Minister Ahmed Obeid bin...
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January 12, 2018 - 8:46 am
NEW YORK (AP) — Wells Fargo says its fourth-quarter earnings rose 17 percent from a year ago, as the consumer banking giant benefited from the recently passed GOP tax bill, but incurred additional costs related to improper sales practices and other matters. Wells said it earned $6.15 billion in the...
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FILE - In this Monday, Oct. 21, 2013, file photo, the JPMorgan Chase & Co. logo is displayed at their headquarters in New York. JPMorgan Chase & Co. reports earnings, Friday, Jan. 12, 2018. (AP Photo/Seth Wenig, File)
January 12, 2018 - 7:45 am
NEW YORK (AP) — JPMorgan Chase & Co. said its fourth-quarter results fell 37 percent from a year ago, as the bank took a significant one-time charge to its results due to the recently passed Trump tax bill. JPMorgan said Friday it earned $4.23 billion in the fourth quarter, or $1.07 a share,...
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January 11, 2018 - 3:03 am
BEIJING (AP) — China's foreign exchange regulator has challenged a news report that it might slow or stop purchases of U.S. Treasury debt due to trade tensions with Washington as "fake news." The State Administration of Foreign Exchange, one of the biggest holders of Treasuries, said Thursday it is...
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FILE - In this Friday, Oct. 7, 2016, file photo, a flag for Deutsche Bank flies outside the German bank's New York offices on Wall Street. Deutsche Bank, U.S. President Donald Trump’s biggest lender, won’t have to give up a part of its business as punishment stemming from a criminal conviction thanks to a temporary reprieve from the administration. (AP Photo/Mark Lennihan, File)
January 10, 2018 - 7:21 pm
NEW YORK (AP) — Five banks, including a big lender to President Donald Trump, have received temporary reprieves from the administration to run businesses that they otherwise would have had to shut down after criminal convictions. The Labor Department granted Deutsche Bank a waiver from punishment...
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Britain's Chancellor of the Exchequer Philip Hammond arrives to attend a cabinet meeting at 10 Downing Street, the first following a reshuffle by Prime Minister Theresa May, in London, Tuesday, Jan. 9, 2018. (AP Photo/Alastair Grant)
January 10, 2018 - 9:30 am
LONDON (AP) — Two senior British officials urged Germany on Wednesday to support a post-Brexit deal that protects the important financial services sector and doesn't hamper trade with unnecessary red tape. Britain's Brexit minister and Treasury chief are trying to woo Europe's biggest economy and...
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FILE - In this Monday, March 7, 2005, file photo, a dentist works on a patient at a dental clinic. Medical credit cards can seem like a smart way to pay for procedures not covered by insurance, including dental work or cosmetic surgery. But consumer advocates warn the cards can leave consumers saddled with higher fees than expected. (Travis Heying/The Wichita Eagle via AP, File)
January 10, 2018 - 9:10 am
WASHINGTON (AP) — Few people look forward to a trip to the doctor or dentist, especially if they're not sure how they will pay for it. Some choose to use a special kind of credit card offered by medical professionals to pay for care at certain locations or networks. Often pitched by office...
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In this Tuesday, Oct. 3, 2017, photo, Sri Lankan lawmakers stand at the beginning of the sittings held to mark the country's seventieth anniversary of parliamentary democracy in Colombo, Sri Lanka. Sri Lankan lawmakers exchanged blows in Parliament on Wednesday, Jan 10, 2018, during a debate over alleged corruption in a bond issue that has marred the reputation of a government elected on a platform of good governance. (AP Photo/Eranga Jayawardena)
January 10, 2018 - 4:37 am
COLOMBO, Sri Lanka (AP) — Sri Lankan lawmakers exchanged blows in Parliament on Wednesday during a debate over alleged corruption in a bond issue that has marred the reputation of a government elected on a platform of good governance. The brawl erupted after opposition lawmakers protested in the...
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