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Grand Forks Herald
October 5, 2016
Energy, bank stocks lead Wall Street higher
NEW YORK—Stocks on Wall Street rose Wednesday, Oct 5, led by the energy sector as oil prices rallied and as financials gained on the increasing...
October 5, 2016 - 4:52pm
September 29, 2016
Wall Street falls sharply on worries about banks
Wall Street dropped on Thursday, Sept. 29, weighed down by Apple as well as selling in Wells Fargo, Citigroup and other major banks as investors...
September 29, 2016 - 4:14pm
Wells Fargo workers say they were fired for reporting 'gaming' of sales quotas
WASHINGTON—At least five Wells Fargo employees have sued the bank or filed complaints with regulators alleging that they were fired after...
September 29, 2016 - 4:04pm
October 22, 2015
Alerus to acquire Minnesota retirement firm
Grand Forks-based Alerus will acquire a Minnesota-based retirement firm, the financial services company announced Thursday. Alerus has entered...
October 22, 2015 - 8:04pm
August 13, 2015
Suspect apparently robs 2 banks in North Dakota
MINOT, N.D. -- Photographs of a robber caught on camera in two bank holdups Thursday in northern North Dakota apparently match, leaving law officers to search for the lone suspect. The first robbery occurred in Stanley along U.S. Highway 2 at the BNC National Bank at 10:12...
News/crime and courts
August 13, 2015 - 10:00pm
August 5, 2015
Greece, lenders see need for bank recapitalization by year-end
ATHENS (Reuters) - Greece and its international lenders want the country's struggling banks to be recapitalized by the end of the year, Greece's finance minister said on Wednesday, a move that would avoid new rules forcing large depositors to pay for some of it. Finance Minister...
August 5, 2015 - 7:00pm
July 13, 2015
Clinton pledges U.S. income equality, bashes Wall Street
Stepping up her rhetoric against Wall Street, U.S. presidential candidate Hillary Clinton vowed on Monday to tighten oversight of the financial...
July 13, 2015 - 5:15pm
July 10, 2015
Minnesota banks on higher taxes, minimum wage as script for growth
It is too early to tell how a recent round of tax hikes and a minimum wage increase will play out in Minnesota, a state where liberal and conservative forces have often swapped control and policies.
July 10, 2015 - 9:00pm
June 8, 2015
UPDATED: Choice Financial to acquire North Dakota banks
Choice Financial will acquire another North Dakota community bank this year, a move that would further expand its reach outside of the Red River Valley and increase its assets to more than $1 billion, Choice announced Monday morning. Pending regulatory approvals, Choice plans...
June 8, 2015 - 11:40am
January 9, 2015
Bank of North Dakota breaks $100 million net income mark
BISMARCK -- The Bank of North Dakota reported its 11th consecutive year of record net income Friday upon release of its fourth-quarter report. Bank president Eric Hardmeyer told the North Dakota Industrial Commission the bank’s net income was approximately $111.2 million...
January 9, 2015 - 9:31pm
July 1, 2014
U.S. imposes record fine on BNP in sanctions warning to banks
French bank BNP Paribas has pleaded guilty to two criminal charges and agreed to pay almost $9 billion to resolve accusations it violated U.S....
July 1, 2014 - 2:34pm
March 22, 2014
Trend of fewer small banks continues across the country
A mix of increased competition and regulations are contributing to a decades-long trend of fewer small banks across the country. That trend was exemplified by Choice Financial Group’s recent acquisition of Great Plains National Bank, based in Belfield, N.D. That was followed...
March 22, 2014 - 8:30am
Mobile banking shifts into overdrive
FARGO -- Online banking was a big hit with customers from the start. They loved being able to sit at their home computer and pay bills with...
June 22, 2013 - 6:30am
May 17, 2013
BIZ BUZZ: Banks merge
Banks merge Western State Bank of Devils Lake announced this week that it had purchased Central Arizona Bank in Scottsdale, Ariz., a bank with...
May 17, 2013 - 9:00pm
July 6, 2012
Suspects identified in Grand Forks bank robbery
Police arrested a married couple from Missouri they believe pulled off an armed robbery of Bank Forward on the UND campus Friday morning. Johnny...
July 6, 2012 - 7:39pm