Business - Banking Industry

WASHINGTON (Reuters) - In a win for the banking industry, the U.S. House of Representatives voted on Friday to reject a measure that would have allowed bankruptcy judges to change the terms of mortgages for distressed homeowners. Full Story »

WEST PALM BEACH, Fla. - A federal judge in Florida declared a banker and lawyer from Switzerland who were indicted on fraud charges to be fugitives from justice. Full Story »

WASHINGTON (Reuters) - U.S. securities regulators will continue to "vigorously pursue" charges against Bank of America Corp for allegedly misleading investors over bonuses paid to Merrill Lynch employees, a top Securities and Exchange Commission official said on Friday. Full Story »

NEW YORK - Better to be a banker in New York than Europe this bonus season. Full Story »

BRUSSELS - European leaders ganged up against fat bonuses to bailed-out bankers Thursday, hoping to create a groundswell of support from around the globe. Full Story »

BRUSSELS (Reuters) - British Prime Minister Gordon Brown and French President Nicolas Sarkozy are in complete agreement on moves to tax bankers' bonuses, Brown's spokesman said on Thursday after the two leaders met. Full Story »

LONDON (Reuters) - The Bank of England left its asset purchase programme intact at 200 billion pounds ($325 billion) and held interest rates at 0.5 percent on Thursday, as widely expected. Full Story »

HONOLULU - Central Pacific Bank will shut down its California operations by 2012 after suffering significant losses on bad loans to homebuilders in that state. Full Story »

LONDON (Reuters) - Angry London bankers and traders accused finance minister Alistair Darling on Wednesday of "lip service" to appease the poor with a levy on bank bonuses. Full Story »

CHARLOTTE, North Carolina (Reuters) - Bank of America Corp fully repaid the U.S. government the $45 billion in aid it took during the height of the financial crisis, the company said on Wednesday. Full Story »

CHARLOTTE, N.C. - Bank of America Corp. said Wednesday it has repaid the entire $45 billion it owed U.S. taxpayers as part of the Troubled Asset Relief Program. Full Story »

WASHINGTON (AFP) - The US Treasury announced details Tuesday of a plan to sell 88 million warrants in JPMorgan Chase to end the government investment in the banking giant under last year's financial system rescue. Full Story »

CHARLOTTE, North Carolina (Reuters) - Bank of America Merrill Lynch named three executives on Tuesday to run its $450 billion retirement services business, including rehiring a former executive who left earlier this year. Full Story »

NEW YORK - Morgan Stanley elevated its chief financial officer to a new role as co-chief of investment banking and global securities trading Tuesday as part of a management shake-up ahead of James Gorman's assumption of the CEO role on Jan. 1. Full Story »

NEW YORK (Reuters) - Wells Fargo & Co , one of the few major banks that has yet to return bailout funds to the U.S. government, still plans to return its $25 billion as soon as practical, but Chief Executive John Stumpf at a conference on Tuesday did not give any more details. Full Story »

NEW YORK (Reuters) - Bank of America Corp's Chief Risk Officer Greg Curl is under scrutiny by New York attorney general Andrew Cuomo's office in connection with the probe of the bank's merger with Merrill Lynch, the New York Times reported. Full Story »

NEW YORK - Citigroup Inc. and Wells Fargo & Co. are seeking to repay billions in federal bailout aid but so far haven't received permission from the government, people familiar with the talks told The Associated Press. Full Story »

LONDON (Reuters) - A group of international and regional banks met Dubai World for the first time on Monday as talks began on the company's efforts to restructure $26 billion of debt, the Financial Times reported on Monday. Full Story »