Stein Mart CEO joins Baptist board

Stein Mart CEO David Stovall Jr. has joined the board of directors for Baptist Health, the hospital said Friday.
Stovall, who joined Stein Mart in 2008 […]

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Proposal would shield car dealers from consumer rules

A measure under consideration in the Senate would shield auto dealers from a package of proposed financial rules aimed at protecting consumers.
Currently auto dealers […]

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Colliers names Walnut Creek leader

Colliers Parrish International tapped veteran broker Brooks Pedder to lead its Walnut Creek office.
Pedder, who has been working in commercial real estate for 25 years, […]

Merkel Seeks to Damp Greek ‘Emotions’ as Crisis Weighs on Euro

German Chancellor Angela Merkel said she aims to calm the turmoil over Greece’s budget crisis in talks with Prime Minister George Papandreou, signaling her […]

India May Grow 8.2% Next Year, Allowing Stimulus Exit

India’s economic growth may surpass 8 percent in the coming financial year, Finance Ministry projections showed, allowing scope for a reduction in stimulus measures […]

Impairment charge pushes Bank of Florida loss to $108 million

Bank of Florida Corp. reported a net loss for the year ended Dec. 31 of $108.7 million, or $8.51 a share, compared with a net […]

Consumers score a win on credit card rules

Consumers scored a few unexpected victories in a set of Federal Reserve rules issued earlier this week.
The Fed issued 1,155 pages of rules Tuesday […]

Greek Debt Problem Isn’t Much Worse Than Italy’s, Nomura Says

Greece’s debt situation isn’t much worse than Italy’s even after downgrades to its credit ratings in the past month, Nomura Holdings Inc. economist Peter […]

What could go wrong in 2010

At the start of 2009, who could have imagined that we’d actually have reasons to look back at the year fondly?
It began […]

Haldane Says Crisis Shows U.K. Bank Exodus May Be No Bad Thing

Bank of England official Andrew Haldane said the departure of financial institutions from the U.K. to avoid tighter regulation may be “a price worth […]