Banks

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Getting a loan gets easier -- or does it?

Aug 15, 2011
Banks are making it easier to borrow, but loans are still hard to get. That's the conclusion of a report on bank lending released today by the Fe...
Posted In: Banks, Federal Reserve

Banks are jumpin' and the market is high

Aug 12, 2011
Bank of America, Citi, Wells, RBS, up, up, UP! Shares in banking companies sashayed higher today ... and no-one could really explain why. Many o...
Posted In: Banks, The Breakdown: Markets

Investors say 'c'est la vie' to the latest banking crisis

Aug 11, 2011
After another big sell-off yesterday, shares are back up in overseas trading this morning -- one reason for that rebound is that people aren't as worried about French banks and the credit rating of France's debt.
Posted In: Banks

Hackers take as much as $1 billion a year. Somehow that's your fault

Aug 5, 2011
Bloomberg reports hackers are making up to $1 billion a year in transfers on accounts businesses have with small banks. Instead of recovering the...
Posted In: Banks, hacking, Money, security

New regulations mean banks lose workers

Aug 3, 2011
Job cuts announced by HSBC, Barclays and others already total close to 50,000 globally. Why so much pain in the financial sector? From London, Marketplace's Stephen Beard reports.
Posted In: Banks

Explainer: What is the repo market?

Jul 28, 2011
Stock markets have up until now seemed less than bothered by the nation's debt-ceiling drama. But the so-called "repo market" on Wall Street shows that confidence is wavering.
Posted In: Banks

FDIC waits for new director

Jul 26, 2011
The FDIC has important roles to fulfill under the Dodd-Frank Act, in preventing systemic failures of big banks. But it needs a new director to replace Sheila Bair to get its part done.
Posted In: Banks

MetLife to sell its banking operations

Jul 21, 2011
Insurance giant MetLife says the move to shrink is aimed at avoiding regulatory scrutiny for financial firms deemed "too big to fail."
Posted In: Banks

How the Dodd-Frank rules are made

Jul 21, 2011
One year after President Obama signed the Dodd-Frank Act, more than 300 new rules for the financial sector are on the way. How banks and other interests go about shaping them is fairly straightforward, at least to start: Write a letter. Get in line to talk to the rule-makers.
Posted In: Banks

How the Consumer Financial Protection Bureau will help

Jul 20, 2011
The Consumer Financial Protection Bureau is set to launch this week. What will be its purpose?
Posted In: Banks

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