Bank of America stock tumbles below $5 a share

Dec 20, 2011
Bank of America's troubles continue, as their stock prices fall below $5, the lowest level since March 2009
Posted In: Banks, Bank of America

Fitch downgrades major banks

Dec 16, 2011
Ratings agency Fitch has downgraded major banks like Goldman Sachs and Bank of America, but the credibility of such agencies is also waning.
Posted In: ratings agencies, Fitch, Banks

Do Banks Deserve All of These Downgrades?

Dec 16, 2011
U.S. banks are getting a harsh reception from ratings firms, regulators and even investors. Do they deserve the abuse?
Posted In: Banks, downgrades, insults and injuries

Banks are lending again

Dec 12, 2011
Between July to September of this year, bank credit lending was up 10 percent -- the highest rate since before the Lehman Brothers collapse in 2008.
Posted In: lending, Banks, interest rates, credit

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