Banks

JPMorgan Chase is shutting down its proprietary trading desks, the places where it trades on its own behalf. Reporter Jeremy Hobson talks the details with Bill Radke about how this might affect the bank.

Money sitting in savings accounts used to grow, but with low interest rates and increasing bank fees, savings accounts are starting to be a less appealing place to park your money.

Short-term loans for corporations from the commercial paper market are back and corporations are taking out loans, even if they don't necessarily need them. Marketplace's Alisa Roth explains why.

... the company reports $1.3 billion in profits-- IPO to come Car dealers face higher demand with short supply New jobless claims rise again For...

U.S. taxpayers gave $300 billion to bail out U.S. banks, which ultimately helped rescue foreign banks in a globalized system.

Bank of England governor Mervyn King told the public the U.K. faces a long, hard road back to full recovery. Critics also say King is being over-optimistic.

The Federal Reserve plans to spend up to $30 billion a month on U.S. Treasury bonds in an effort to motivate the banks to lend. But this doesn't provide a huge incentive in an economy of $14 trillion.

There's speculation the Fed is going to try quantitative easing to fight economic doldrums. Nancy Marshall Genzer explains.

Federal Housing Administration home loans used to be just a sliver of the nation's housing market, but now it's one-third. The FHA loans may have helped what would've been an even more stagnant housing market, but federal mortgages may not be sustainable.