Dec 14, 2012 The Swiss banking giant UBS is reportedly headed for a $1 billion settlement over accusations it rigged LIBOR interest rates -- the benchmark for global lending.
Dec 13, 2012 NASA and the Federal Deposit Insurance Corporation among the best on the list.
Dec 13, 2012 European finance ministers struck a major new deal over their debt crisis. They agreed that the European Central Bank -- Europe’s equivalent of the Fed -- should take over the supervision of the continent’s biggest banks.
Dec 5, 2012 This morning Citi says that total is about to shrink -- 11,000 job cuts worldwide in the next year or two, some of them at least here in the U.S.
Oct 11, 2012 Hit by new regulations and low interest rates, banks are likely to dip into reserves for bad loans again to boost third-quarter profits.
Sep 25, 2012 It may be too early to assign blame for Europe's economic crisis, but it is not too early to figure out what went wrong in this country back in 2008. Sheila Bair headed the FDIC back then, and is out with a new book this morning, in which she says she saw signs of trouble in subprime mortgages way back in 2006.
Sep 5, 2012 If you live in a state that suffers from severe weather, finding good homeowners insurance is getting more difficult as weather patterns grow more extreme. So what do you do if the insurance company drops you?
Aug 27, 2012 Vietnam has been on a roller coaster ride for a week. The turmoil was caused by one banker arrested for financial crimes.
Aug 17, 2012 Credit unions used to be a banking oasis free from fees. But slowly, credit unions are starting to charge for checking accounts and raising minimums to avoid fees.
Aug 20, 2012 An LAPD police officer gives a tour of his precinct in Watts and the blight foreclosed homes have wrought upon the neighborhood. The City of Los Angeles says the banks who own the homes should be responsible for the upkeep of the foreclosures.