Jul 30, 2012 Last week we spent plenty of breath on Sandy Weill, the former head of Citigroup. Back in the '90s, he fought for his and other banks to grow huge and complex. Then last week Weill goes on TV and says: "It's time to break up the big banks."
Jul 26, 2012 A law restricting credit card acess for poor credit risks has resulted in fewer defaults.
Heidi N. Moore
Jul 26, 2012 Sandy Weill, who engineered Citigroup and the creation of megabanks, says big banks should be split up. Will the debate now gain traction?
Jul 25, 2012 In the ongoing LIBOR interest rate rigging scandal, European lawmakers have proposed making interest rate rigging a crime.
Jul 24, 2012 The Troubled Assets Relief Program -- TARP -- was the formal name for what we often just call "the bailout." In 2008 Congress allocated $700 billion to stabilize the U.S. financial industry. Congress and President Bush assigned one man to build a team, and police all that spending.
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 As banks face scrutiny over questionable practices, Chris Farrell explains why breaking up some of our biggest banks would solve a lot of problems.
Jul 16, 2012 Major credit card companies -- Visa and Mastercard -- as well as big banks have agreed to pay more than $7 billion to retailers to compensate for alleged price fixing of credit card fees. Some retailers think the settlement does not go far enough to protect retailers and consumers.
Stacey Vanek Smith
Jul 10, 2012 Retailers hoping to offset fees they pay to Visa and MasterCard may soon be able to charge shoppers for paying with plastic instead of cash.