Stories Tagged as
Banks
Banks' profits may include reserves -- but that may be a good thing
by
Bob Moon
Jan 15, 2011
As banks start to report their earnings for the year, some analysts may warn that the numbers a bit inflated because the banks are counting the reserves they set aside before the meltdown. But counting those reserves now isn't really being untruthful, report Bob Moon.
Is it possible to predict what's "too big to fail"?
by
Bob Moon
Jan 14, 2011
Next week a new government panel is supposed to come up with a list of "systemically important financial institutions" -- those companies that are supposed to be vital to the financial system. But Treasury Secretary Timothy Geithner says you'll only know it when you see it.
Weekly Wrap: Bank profits
Jan 14, 2011
Kai Ryssdal talks to Leigh Gallagher from Fortune Magazine and John Carney from CNBC about the week's news from Wall Street and beyond.
Bank dividends could be back, according to analysts
Jan 14, 2011
For a couple of years, big banks stopped paying out dividends to their investors. But with big profits returning to the banking sector, analysts say those dividends could be back.
Curbing the pay of London's 'City Boys'
Jan 12, 2011
In an effort to try and curb hefty bonuses, and perhaps risky behavior, in the financial sector, a group of labor unionists, journalists and academics from the U.K. have launched a high pay commission. Stephen Beard reports on their efforts.
Goldman Sachs expected to announce accounting changes
Jan 11, 2011
The investment bank Goldman Sachs will announce 39 accounting changes to disclose how it deals with clients and how it makes money through its own investments. John Dimsdale explains.
New bank fees are aimed at lower income customers
Jan 10, 2011
Now that there are new rules for credit cards and overdraft fees, banks are trying to find money in other places. And as Stacey Vanek Smith reports, this means going after lower income customers, which in turn could move these customers out of the banking system altogether.
Justin Sullivan/Getty Images
For public good, not for profit.
Massachusetts court makes foreclosure decision
by
Kai Ryssdal
Jan 7, 2011
This final note today, an update on the mortgage paperwork mess that was much in the news before Thanksgiving, the stories about robosigners...
Bank of America tests new fee system
Jan 6, 2011
Thanks to new rules restricting banks from charging exorbitant fees on credit cards, it seems that they're making it up in other ways. Bank of America announced a new fee system based on how much money customers keep in the bank, and how much they're not costing the bank. Stacey Vanek-Smith explains.
Bank of America sign in Pasadena, Calif.
Pope to set up watchdog to avoid further Vatican Bank scandals
Dec 30, 2010
In light of a criminal investigation into the Vatican Bank for accusations of money laundering and tax evasion, the Pope announced today that he is setting up a new watchdog to try and prevent further wrongdoings. Will the secretive Vatican Bank clean up its act? Stephen Beard reports.