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Why a bank run is bad
Paddy Hirsch 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.
JPMorgan's loss: A sign that Wall Street's mindset hasn't changed
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.
Fed gives OK for 3 Chinese banks to expand in U.S.
Stacey Vanek Smith May 10, 2012
How significant is this green light from the Federal Reserve and should U.S. banks worry?
JPMorgan Chase reveals $2 billion losses
Bob Moon 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.
New push for public banks
John Dimsdale 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.
FDIC spells a good, sound sleep for savers
Paddy Hirsch 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.
Small banks struggle to pay off TARP funds
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.
How average shareholders can take on the big banks
Kai Ryssdal Apr 19, 2012
A peek inside annual meetings for the big banks, where small shareholders get to talk directly to executives.
Shadow banking: Still a threat
Paddy Hirsch Apr 16, 2012
Shadow banking has grown since the financial crisis. Sr. Producer Paddy Hirsch casts a light on the system and explains why it's so dangerous.
Wells Fargo and JPMorgan report big profits
Jeremy Hobson Apr 13, 2012
The two major banks beat expectations with JPMorgan reporting a $5.4 billion profit last quarter, and Wells Fargo making a $4.2 billion profit. Both said an uptick in mortgage lending helped their bottom lines.
