Jul 2, 2012 The chairman of Barclays Bank in London resigned today. Last week, Barclays agreed to pay $450 million to settle allegations that it conspired to manipulate a key interest rate, and some say CEO Bob Diamond should step down as well.
Jun 1, 2012 A bank run occurs when customers run down to the bank and demand their money back. So, why can't the bank just return the cash? Sr. Producer Paddy Hirsch explains using a human heart analogy.
Heidi N. Moore
May 11, 2012 New York bureau chief Heidi Moore discusses why JPMorgan's $2 billion blunder is affecting markets worldwide and how big a $2 billion loss really is.
Stacey Vanek Smith
May 10, 2012 How significant is this green light from the Federal Reserve and should U.S. banks worry?
May 10, 2012 On what were essentially bad and risky bets made by the bank. Still, CEO Jamie Dimon tried to play down the situation in today's conference call.
Apr 27, 2012 They are already in North Dakota and Chicago. Now there's a move to get more state and local governments to use them instead of big private banks.
Apr 26, 2012 Seventeen banks have failed so far this year, but their customers can rest easy -- thanks to the Federal Deposit Insurance Corporation, as Sr. Producer Paddy Hirsch explains.
Heidi N. Moore
Apr 25, 2012 The Troubled Asset Relief Program’s inspector general says bailout funds helped community banks, but many are struggling to raise fresh capital.
Apr 19, 2012 A peek inside annual meetings for the big banks, where small shareholders get to talk directly to executives.