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Josh Brown: European banks on the precipice of a crisis

Oct 5, 2011
We hear from Josh Brown, analyst at Fusion Analytics, about how dire the banking crisis in Europe really is.
Posted In: Banks

What Dexia's troubles can teach us

Oct 5, 2011
The European bank Dexia was on the brink of being broken up, until it was saved by France and Belgium. What happened, and how will this affect the bank industry's future?
Posted In: Banks

Bank of New York Mellon sued over currency transactions

Oct 5, 2011
The U.S. Justice Department and the New York attorney general are suing Bank of New York Mellon over a policy that allowed them to make over $2 billion over a decade.
Posted In: Banks

Dexia trouble could spread to American cities

Oct 5, 2011
The Belgian bank Dexia is in trouble, running out of cash because it owns so much European debt. But the bank's failure could also affect many American cities.
Posted In: Banks

European bank's woes hit home in U.S.

Oct 4, 2011
Franco-Belgian bank Dexia, hobbled by Greek debt, backs billions of dollars worth of U.S. municipal bonds that pay for schools, sewers and airports.
Posted In: Banks

European bank Dexia brought down by euro debt crisis

Oct 4, 2011
Europe has been worried about the banking system being hurt by the bad debt of countries like Greece, Spain, and Italy. Now the bank Dexia is being propped-up by the governments of France and Belgium.
Posted In: Banks

Bank of America to charge for debit card use

Sep 30, 2011
The fee is the latest move by big banks to recoup revenue lost due to laws and regulations that followed the financial crisis.
Posted In: Banks

Bank of America to charge $5 monthly debit card fee

Sep 30, 2011
Bank of America will start charging $5 a month for debit cards starting next year. Is the company looking for revenge on Washington?
Posted In: Banks

Swipe fees drop

Sep 30, 2011
Merchants can start charging less for consumer card swipes now. But don't worry, banks are going to make up for that.
Posted In: Banks

The debit card future--or not

Sep 29, 2011
An internal management memo says Bank of America plans on charging customers a $5 monthly fee for making debit-card purchases starting early next...
Posted In: Banks, Personal Finance

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