Jul 26, 2012 Attorney General Eric Holder and Health and Human Services Secretary Kathleen Sebelius are spearheading an effort to fight against health care fraud by teaming up with private insurers.
Jul 26, 2012 With costs to open rural bank branches prohibitive, tech companies look to turn payphones into virtual banks.
Jul 20, 2012 Two years after the Dodd-Frank Law was enacted, many in the banking sector are still grumbling about the change in regulation. How does that compare to when the rules change in another American pastime: Baseball?
Jul 19, 2012 According to the Financial Times newspaper, four big European banks have joined Barclays in the not-so-prestigious club of financial institutions being investigated for rigging a benchmark lending rate called LIBOR.
Jul 18, 2012 Two years ago this Saturday, President Obama signed the Dodd-Frank financial reform law. Many say the bailout pulled the economy back from the brink. But the ad-hoc nature of the bailout made clear we needed better ways of responding to -- and ideally preventing -- financial crises.
Heidi N. Moore
Jul 17, 2012 In the face of a tough banking market and disappointing earnings, Goldman Sachs announced this week that it will build a private bank -- joining the ranks of UBS and U.S. Trust and others -- that will manage and lend money to very wealthy individuals and companies.
Jul 17, 2012 A congressional watchdog panel will be grilling executives from the British bank HSBC about -- get this -- money laundering, drugs and terrorist financing.
Jul 13, 2012 Seniors are a prime target for scams, because they are less likely to report a scam. Learn why seniors are afraid to report fraud cases and how to avoid getting hoodwinked.
Jul 11, 2012 Commentator Robert Reich says top officials need to feel the heat in order to change corporate behavior.
Jul 11, 2012 News this morning that Bob Diamond, the former head of Barclay's bank has given up $30 million in bonuses after resigning over that interest rate rigging scandal. And the scandal has brought up the issue -- yet again -- of whether current regulations on the financial industry are adequate.