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Big bank earnings signal fourth quarter troubles
Heidi N. Moore Jan 17, 2012
Wells Fargo and Citigroup reported earnings today, and both were doing well until October, when Europe's debt crisis started to take its toll.
Fourth quarter profits down for JPMorgan Chase
Joel Patterson Jan 14, 2012
America’s biggest bank announces a 23 percent drop in fourth quarter profits but still has its best year ever.
Bank failures down but not done
Joel Patterson Jan 3, 2012
The number of bank failures in 2011 fell from the previous year, but banks are far from being out of the woods just yet.
2011 in review: The banking industry
Heidi N. Moore Dec 28, 2011
From pesky hidden fees to the status of Dodd-Frank financial reform, from the impact of Europe's debt crisis to lending -- we look back at the year in banking.
Has the ECB action helped avert a banking crisis?
Stephen Beard Dec 22, 2011
The European Central Bank yesterday printed $640 billion worth of euros, almost the same amount of money as the TARP program used by the U.S. government during the financial crisis in 2008.
Banks take advantage of ECB lending
Mark Gregory Dec 21, 2011
The European Central Bank initiated a plan to stop a credit crunch in Europe, and demand for cheap money has exceeded expectations.
Standard & Poor's downgrades major U.S. banks
Stephen Beard Nov 30, 2011
Pressure builds in Europe as clear signs begin to show that a default there would hit the U.S. banks hard.
Dozens of financial institutions downgraded by S&P
Heidi N. Moore Nov 30, 2011
Banks today are reeling, just a day after Standard & Poor's downgraded dozens of financial institutions all around the world -- including here in the United States.
Central banks step in to help Europe with debt crisis
Heidi N. Moore Dec 2, 2011
The planned liquidity injection might not solve all the problems in Europe, but it shows that central banks are getting serious.
President Obama meets with euro officials on crisis
Heidi N. Moore Nov 28, 2011
President Obama is hosting some top European Union officials at the White House this morning, as concerns grow about what the debt crisis in Europe could do to the American economy.
