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Europe reacts to Fed stress test news
Stephen Beard Mar 14, 2012
While U.S. stock markets reacted positively to the stress test news, some analysts in Europe still worry about the volatility of CitiGroup.
Federal Reserve releases banks' stress test results
Heidi N. Moore Mar 13, 2012
Turns out American banks are in a much better position financially than we thought.
IBM's Watson heads to Wall Street
Stacey Vanek Smith Mar 6, 2012
IBM supercomputer Watson conquered "Jeopardy!" Then he got a job analyzing health records. Now, he may suit up for Citigroup.
Why the banks want you to pay with your phone
John Moe Feb 29, 2012
Barclay’s, JPMorgan Chase, and Capital One announced that they’ll launch a trial program for a mobile payment system this summer, joining the ranks of Google Wallet and other mobile payment programs.
Explaining proprietary trading and its risks
Paddy Hirsch Feb 23, 2012
Prop trading, as it’s called on Wall Street, is the target of the Volcker Rule, a centerpiece of the Dodd-Frank financial reform act. Marketplace’s Paddy Hirsch explains what proprietary trading is, and why it’s potentially dangerous for our savings and the financial system.
Consumer bureau investigates bank overdraft fees
Elizabeth Wynne Johnson Feb 22, 2012
The Consumer Financial Protection Agency will question banks about how overdraft fees may create serious economic hardship for consumers least able to afford it.
Sick to death of saving
Zo Webster Feb 17, 2012
Commentator Zo Webster has been a saver all her life - but recently she's begun to change her tune.
Volcker Rule aims for fewer risks in the market
Heidi N. Moore Feb 14, 2012
There's renewed debate today about the so-called "Volcker Rule." It's part of the Dodd-Frank Wall Street reform passed two years ago. Basically, the Volcker Rule says banks should take fewer risks in the market.
How do Americans feel about the banks?
Frank Newport Feb 9, 2012
Americans' feelings on the foreclosure deal, banks and whether they should worry about the European debt crisis. Gallup's Frank Newport offers up the latest data.
Citigroup to offer credit cards in China
Rob Schmitz Feb 7, 2012
Banking giant Citigroup is to become the first global bank to issue its own credit cards in China. Debit cards are much more common there.
