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Bank of America mortgage settlement could set framework for other banks
Sep 22, 2011
Richard DeKaser, economist with the Parthenon Group, explains Bank of America's $8.5 billion settlement over risky mortgage backed securities.
Bank of America agrees to $8.5 billion mortgage settlement
Nancy Marshall-Genzer Sep 22, 2011
Bank of America will pay $8.5 billion to settle claims that the lender sold bad mortgage-backed securities to investors that went bad when the housing boom went bust.
Lagarde's appointment may be a missed opportunity
Sep 22, 2011
Simon Johnson, professor at MIT and a former chief economist at the IMF, says newly appointed International Monetary Fund chief Christine Lagarde will favor the interest of French banks, and that the IMF missed an opportunity to emphasize foreign markets.
New Jersey asks JPMorgan for a $2.25 billion loan
Nancy Marshall-Genzer Sep 22, 2011
Garden State officials are negotiating a temporary bank loan with JPMorgan to cover a revenue gap in the new fiscal year. But is it normal for a state to seek a loan like this?
Banks ordered to hold more capital
Stephen Beard Sep 22, 2011
A group of central-bank leaders announced on Saturday that the world's biggest banks will have to hold more capital on their balance sheets to protect themselves in case of another crisis.
Jumping through hoops for decent interest rates on checking accounts
Sally Herships Sep 22, 2011
Consumers can find relatively high checking account interest rates these days. But there's a catch -- or a couple.
New ways for banks to profit from you
Stacey Vanek Smith Sep 22, 2011
Banks and credit card companies are looking for ways to make up billions in fees they can no longer charge, thanks to new regulations. Your shopping habits are high value.
LulzSec and Anonymous declare war on all governments
John Moe Jun 20, 2011
So who are you rooting for: the entire sociopolitical order as we know it or nameless hacker groups? Well, pick one, because apparently war is...
Debit and credit cards may strike you a deal
Sep 22, 2011
Credit cards and banks know a lot about what you purchase, and they're offering that information to merchants so they can target ads tailored to you. Reporter Stacey Vanek-Smith discusses how it all works.
The banking business -- in high school
Karen Burkett Sep 22, 2011
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.
