Banks

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Banks are part of the solution

Dec 9, 2011
Banks' reputations have taken a beating since the financial crisis. But one bank CEO says the banking industry can help turn the economy around -- just not all by itself.
Posted In: Banks

Are brick-and-mortar bank branches still necessary?

Dec 9, 2011
With more people banking online, banks are closing branches. But some community leaders say banks that provide face-to-face interactions are still important.
Posted In: Banks, branches

What is an asset really worth?

Nov 28, 2011
I keep hearing talk about "mark-to-market" asset valuation. What does mark-to-market really mean? Steve, Las Vegas, NV
Posted In: Banks, accounting

European banks face a catch-22

Nov 10, 2011
European banks are facing a problem: they have to mark down the value of their debt from countries like Greece, but governments still want to borrow money from them.
Posted In: Banks

Credit unions gain at banks' expense

Nov 4, 2011
Consumers piqued by card and account fees at big national banks are switching to credit unions and community banks ahead of Bank Transfer Day.
Posted In: Banks

Bank Transfer Day set for tomorrow

Nov 4, 2011
The Occupy movement will continue plans for Bank Transfer Day even after big banks decided to back down on debit card fees.
Posted In: Banks

Banks could be risking billions on insurance on European debt

Nov 4, 2011
The banks are saying don't worry, but the practices echo those that caused a lot of trouble three years ago.
Posted In: Banks

Banks roll back some fees

Nov 1, 2011
Bank of America is the latest big bank to cancel previously announced debit card fees.
Posted In: Banks

Banks backtrack on debit card fees

Nov 1, 2011
Bank of America, and other major banks, will not charge customers monthly to use their debit cards -- but banks will find ways to make up the difference.
Posted In: Banks

Chase forgoes debit card fee

Oct 28, 2011
Backlash against Bank of America's $5 a month fee for debit card use prompts some rivals to drop the idea. But fees will come elsewhere.
Posted In: Banks

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