AEGON Announces Q1 2011 net Income of EUR 327 Million

AEGON Announces Q1 2011 net Income of EUR 327 Million
THE HAGUE, Netherlands, May 12, 2011 /PRNewswire/ Statement of Alex Wynaendts, CEO “We made solid progress on AEGON´s strategic objectives during the quarter, which include the repurchase of EUR 750 million of core capital securities from …
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UnionBanCal Corporation Reports First Quarter Net Income of $235 Million

UnionBanCal Corporation Reports First Quarter Net Income of $235 Million
UnionBanCal Corporation , parent company of San Francisco-based Union Bank, N.A., today reported first quarter 2011 results. Net income for the first quarter was $235 million, up from $172 million for fourth quarter 2010, and $77 million for the year-ago quarter.
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NC woman accused of $1.5 million in Medicaid fraud

NC woman accused of $1.5 million in Medicaid fraud
CHARLOTTE, N.C. (AP) — A Gaston County woman has been arrested and accused of defrauding Medicaid of nearly $1.5 million.
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Obamas Made $1.7 Million in 2010 Amid 69 Percent Income Drop

Obamas Made $1.7 Million in 2010 Amid 69 Percent Income Drop
President Barack Obama and his wife, Michelle, reported $1.7 million in adjusted gross income last year and paid $453,770 in federal income taxes, according to tax returns released yesterday by the White House.
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Wells Fargo Invested $6.6 Million in District of Columbia Nonprofits in 2010

Wells Fargo Invested $6.6 Million in District of Columbia Nonprofits in 2010
Wells Fargo & Company announced today that it invested $6.6 million in District of Columbia-based nonprofits in 2010, or more than $18,000 each day.
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Attorney General Terry Goddard Reaches $150 Million Mortgage Relief Agreement with Wells Fargo

(Phoenix, Ariz. – Oct. 6, 2010) Attorney General Terry Goddard today announced a multi-state agreement with Wells Fargo Bank (“Wells Fargo”) over allegedly deceptive marketing of payment option adjustable rate mortgage loans (“POAs”) by two companies it acquired: Wachovia Corporation (“Wachovia”) and Golden West Corporation (“Golden West”). To read the full press release and agreement [...]

Attorney general establishes California Foreclosure Relief Fund with $6.5 million settlement

Attorney general establishes California Foreclosure Relief Fund with $6.5 million settlement
LOS ANGELES – Attorney General Kamala D. Harris on Wednesday announced a $6.5 million settlement of a predatory lending case against Angelo Mozilo and David Sambol, former officers of Countrywide Financial Corp.
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Lender sues Florida Holocaust Museum for $1.6 million

Lender sues Florida Holocaust Museum for $1.6 million
By Curtis Krueger, Times Staff Writer Thursday, January 6, 2011 ST. PETERSBURG — A bank is suing the Florida Holocaust Museum for $1.6 million plus interest, saying it defaulted on two loans. But an attorney said museum officials were surprised by the lawsuit, and he said it does [...]

Around Half Of The 20 Million Loan Insurance And Mortgage Insurance Policies In The UK Could Have Been Mis-sold

There are around 20 million loan insurance and mortgage insurance policies in the UK and it is thought that around half of these could have been mis-sold. The mis-selling scandal came to the public’s attention in 2005 when it both the Office of Fair Trading and the Financial Services Authority started investigations in to the [...]

Sabra Units Plan to Sell $225 Million of Debt as Yankees Dominate Market

Sabra Units Plan to Sell $225 Million of Debt as Yankees Dominate Market
Sun Healthcare Group Inc. , the company spinning off Sabra Health Care REIT Inc., is marketing debt as non-U.S. borrowers dominate investment-grade sales in dollars this month.
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