Feb 17, 2014 In U.S., it takes days for a bank payment to clear. In foreign countries, it happens in seconds.
Jun 5, 2013 A nondescript office building in Basel, Switzerland, houses one of the most powerful commercial banks in the world. But only central bankers are allowed to pass.
May 9, 2013 The thieves also hit up 2,000 ATMs in Manhattan in a single day.
Apr 29, 2013 Despite the recent global banking crisis, UK regulators have decided to cut down application approval times for new banks and lower the capital requirements. An American starting a bank there says this will stimulate competition.
Mar 1, 2013 India's finance minister has announced plans to set up the country's first ever women only bank. P Chidambaram says he hopes that it will be granted a license by October.
Jan 4, 2013 Switzerland's oldest bank, Wegelin and Company, has plead guilty to helping wealthy Americans evade taxes.
Nov 29, 2012 A new report says that the now collapsed Kabul Bank in Afghanistan acted as a 'ponzi scheme.'
Sep 17, 2012 China is about to make its biggest ever bank acquisition abroad, according to the Financial Times. It says China could spend as much as $15 billion buying a bank in Europe.
Jun 15, 2012 Would you investigate the trajectory of a single dollar bill? Let me explain. So you go to the store and buy things, then you pay with a $100 bill. What happens to that note? In a nutshell, my question is: What is the route that a single bill takes? How does it circulate? How far can it travel? Homero, Sacramento, CA
Heidi N. Moore
Jun 13, 2012 JPMorgan CEO Jamie Dimon apologized for not doing a better job supervising trades that lost his bank billions. Dimon emphasized that while bank shareholders lost money, their clients and taxpayers did not.