Banks take advantage of ECB lending

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.
Posted In: Europe debt crisis, credit crunch, banking

Standard & Poor's downgrades major U.S. banks

Nov 30, 2011
Pressure builds in Europe as clear signs begin to show that a default there would hit the U.S. banks hard.
Posted In: banking, Standard & Poor's, downgrade, Europe debt crisis

Dozens of financial institutions downgraded by S&P

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.
Posted In: Standard & Poor's, downgrade, banking

Central banks step in to help Europe with debt crisis

Nov 30, 2011
The planned liquidity injection might not solve all the problems in Europe, but it shows that central banks are getting serious.
Posted In: liquidity, banking, European Central Bank

President Obama meets with euro officials on crisis

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.
Posted In: Europe debt crisis, government bonds, banking, too big to fail

The Federal Reserve to start stress tests on U.S. banks

Nov 23, 2011
Even after stress tests on European banks were deemed unsuccessful, a new process will now seek to determine how U.S. banks will react in the case of a European financial crisis.
Posted In: banking, stress tests, Federal Reserve

Transaction "infraction"

Nov 21, 2011
Be careful with your debit card this holiday season. Of course, that holds for the rest of the year. Still, it's all too easy during the hectic holiday season to overdraw your account online and at the mall. You could end up paying steep fees.
Posted In: pew, banking, fees

A Simple way to bank

Nov 17, 2011
The new website Simple wants to consolidate all your financial products -- like checking and savings accounts, CDs -- to help you avoid fees and maximize interest rates for savings.
Posted In: banking

Go ahead, switch

Nov 3, 2011
Question: Someone on our show once said that closing your account would lower your credit rating. With the Occupy movement asking people to move...
Posted In: banking, Getting Personal

Shopping for a new bank or credit union

Aug 16, 2011
Question: I live in western NY, where HSBC just announced that most of its branches are closing. Our accounts will be transferred to First Niagara...
Posted In: banking