Stories Tagged as
Banks
Wells Fargo and JPMorgan report big profits
Apr 13, 2012
The two major banks beat expectations with JPMorgan reporting a $5.4 billion profit last quarter, and Wells Fargo making a $4.2 billion profit. Both said an uptick in mortgage lending helped their bottom lines.
Is it time to break up the banks?
by
Robert Reich
Apr 4, 2012
Commentator Robert Reich says the continued specter of 'too big to fail' compels nothing less.
Citigroup: Who Are You Calling A Failure?
by
Heidi Moore
Mar 14, 2012
Citigroup put up a blog post today disputing that the bank had "failed" the Federal Reserve's stress tests.
Stress tests clear banks to nurse U.S. economy
by
Bob Moon
Mar 14, 2012
Now that most big U.S. banks are deemed healthy enough to sustain a financial crisis, will they aid the economic recovery?
Federal Reserve releases banks' stress test results
by
Heidi Moore
Mar 13, 2012
Turns out American banks are in a much better position financially than we thought.
Why the banks want you to pay with your phone
by
Molly Wood
Feb 29, 2012
Barclay’s, JPMorgan Chase, and Capital One announced that they’ll launch a trial program for a mobile payment system this summer, joining the ranks of Google Wallet and other mobile payment programs.
Explaining proprietary trading and its risks
by
Paddy Hirsch
Feb 23, 2012
Prop trading, as it’s called on Wall Street, is the target of the Volcker Rule, a centerpiece of the Dodd-Frank financial reform act. Marketplace’s Paddy Hirsch explains what proprietary trading is, and why it’s potentially dangerous for our savings and the financial system.
Angela Kim/Marketplace
For public good, not for profit.
Consumer bureau investigates bank overdraft fees
Feb 22, 2012
The Consumer Financial Protection Agency will question banks about how overdraft fees may create serious economic hardship for consumers least able to afford it.
Sick to death of saving
by
Zo Webster
Feb 17, 2012
Commentator Zo Webster has been a saver all her life - but recently she's begun to change her tune.
Volcker Rule aims for fewer risks in the market
by
Heidi Moore
Feb 14, 2012
There's renewed debate today about the so-called "Volcker Rule." It's part of the Dodd-Frank Wall Street reform passed two years ago. Basically, the Volcker Rule says banks should take fewer risks in the market.