Jun 8, 2012 The Federal Reserve has just approved a proposal to make every bank in America keep more capital on hand. The measure may help taxpayers weather the next financial storm, but hurt bank stockholders.
May 24, 2012 The new Consumer Financial Protection Bureau announced this week its efforts to regulate prepaid debit cards. Regulators fear the cards aren’t backed by protections given regular credit card holders.
Dec 15, 2011 Three banks unveil a new three-page checking account guide. Experts hope a new era of simplified disclosure will follow.