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.
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.
May 10, 2012
How significant is this green light from the Federal Reserve and should U.S. banks worry?
Apr 30, 2012
Economist Edward Hugh discusses how Spain's economic woes compare to Greece and whether the country is "bailout-able."
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.
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 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 25, 2012
In a report to congress, TARP's inspector general says while the program will likely end up making a profit for taxpayers, there's ongoing worry that many small banks are having trouble paying back the feds.
Apr 25, 2012
A report out today from the special inspector general who oversees the 2008 bank bailout known as TARP has some bad news about small banks. He says more than 300 small banks that borrowed money from the federal government during the financial crisis have yet to pay it back.
Apr 19, 2012
A peek inside annual meetings for the big banks, where small shareholders get to talk directly to executives.
