Banks

The U.S. Justice Department and the New York attorney general are suing Bank of New York Mellon over a policy that allowed them to make over $2 billion over a decade.

The Belgian bank Dexia is in trouble, running out of cash because it owns so much European debt. But the bank's failure could also affect many American cities.

Franco-Belgian bank Dexia, hobbled by Greek debt, backs billions of dollars worth of U.S. municipal bonds that pay for schools, sewers and airports.

Europe has been worried about the banking system being hurt by the bad debt of countries like Greece, Spain, and Italy. Now the bank Dexia is being propped-up by the governments of France and Belgium.

The fee is the latest move by big banks to recoup revenue lost due to laws and regulations that followed the financial crisis.

Bank of America will start charging $5 a month for debit cards starting next year. Is the company looking for revenge on Washington?

Merchants can start charging less for consumer card swipes now. But don't worry, banks are going to make up for that.

An internal management memo says Bank of America plans on charging customers a $5 monthly fee for making debit-card purchases starting early next...

The Federal Housing Finance Agency will release a report today saying Freddie Mac should have gotten more out of the Bank of America than a $1.3 billion settlement.

This final note today, which will come with a quiz at the end. Moody's, the ratings agency, downgraded three of the biggest big banks this morning...