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Swipe fee fight bristling with lobbyists

May 3, 2011
As Congress comes back next week, the issue with the most lobbyists isn't the deficit -- it's the battle against debit card swipe fees.

Read the fine print--not

Apr 27, 2011
Favorite number of the week: 111 pages is the median length of the checking account disclosures consumers are supposed to read and understand...

Do you know what bank fees you're paying?

Apr 15, 2011
Tess Vigeland talks to Reuters personal finance columnist Mitch Lipka about the challenge consumers face when trying to find out about potential fees related to bank accounts.

Bank of America profits plummet

Apr 15, 2011
The largest bank in the country, Bank of America, announced a 37 percent drop in earnings this quarter due in part to bad mortgages.

Levin says Goldman Sachs misled Congress

Apr 14, 2011
The Senate panel investigating the cause of the financial crisis has released a report today containing new information on what lead up to the banking collapse. Senator Carl Levin is now calling for an investigation into Goldman Sachs for misleading Congressional investigators.

Challenges belie JPMorgan Chase's profit

Apr 13, 2011
Investment banking and credit quality improved, but hits to JPMorgan Chase's bread-and-butter bank operations reflect a sluggish economy.
Headquarters of the U.S. investment bank JPMorgan Chase in New York.
Michael Kappeler/AFP/Getty Images

JPMorgan Chase kicks off bank earnings

Apr 13, 2011
Banks have been cleaning up their bad loans, but profit growth will depend on the new loans they make.

For public good, not for profit.

Debt debate forces companies to ask: What if?

Apr 11, 2011
As the political battle shifts from the budget to the U.S. debt, banks and other firms weigh contingency plans for a possible government default.

Report urges shift in global development

Apr 11, 2011
A World Bank report out today recommends a shift in how developed countries give to developing countries. The report encourages countries to focus on building stable government and institutions.

The IRS investigates HSBC for tax evasion

Apr 8, 2011
The IRS wants the banking giant to share information about people evading taxes through accounts in India.