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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

Report: Freddie Mac deserved larger settlement from Bank of America

Sep 27, 2011
The Federal Housing Finance Agency will release a report today saying Freddie Mac should have gotten more out of the Bank of America than a $1.3 billion settlement.
Posted In: Banks

Another round of downgrades

Sep 21, 2011
This final note today, which will come with a quiz at the end. Moody's, the ratings agency, downgraded three of the biggest big banks this morning...
Posted In: Bank of America, Banks, downgrade, Moody's

U.S. banks say they have manageable euro debt

Sep 20, 2011
A default by Greece may cause little direct harm to the U.S. financial system, but ripple effects are harder to predict.
Posted In: Banks

Swiss bank hit by alleged rogue trader

Sep 15, 2011
The $2 billion loss raises the question: Three years after Lehman Brothers collapsed, can banks control risk?
Posted In: Banks

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