Banks

A couple of high school kids in Florida set up a credit union for their student body. Now students can start learning how to manage their money early.

The Wall Street Journal is reporting that the Securities and Exchange Commission could file civil fraud charges against some credit ratings agencies for potential negligence in mortgage-bond deals that helped trigger the financial crisis. Jean Eaglesham from the Wall Street Journal explains.

The fourth-largest bank in the U.S. has announced it will no longer make reverse mortgages because home prices are too unpredictable.

In return for a government bailout during the financial crisis, the Dutch financial services giant is selling its big U.S. online bank.

New rules level the playing field between big and small banks. National banks are griping, but will they really have less money to lend?

The financial reform law requires that banks have to draw up living wills in the event of another financial crisis.

JPMorgan Chase, Bank of America and Wells Fargo must make 'substancial improvements' if they want access to President Obama's Home Affordable Modification Program.

The banking giant has confirmed that credit card information for about 200,000 of its North American customers have been compromised.

The U.S . Senate voted yesterday to end the banking industry's rally to block caps on debit car swipe fees yesterday. Greg McBride at Bankrate.com explains.

The U.S. Senate has rejected a plan, backed by banks, for a six-month delay in the implementation of a cap on debit card swipe fees. Karen Petrou with Federal Financial Analytics explains.