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Debit and credit cards may strike you a deal

Jun 18, 2011
Credit cards and banks know a lot about what you purchase, and they're offering that information to merchants so they can target ads tailored to you. Reporter Stacey Vanek-Smith discusses how it all works.
Posted In: Banks, Credit Cards

The banking business -- in high school

Jun 17, 2011
A couple of high school kids in Florida set up a credit union for their student body. Now students can start learning how to manage their money early.
Posted In: Banks

SEC could file civil charges against ratings agencies

Jun 17, 2011
The Wall Street Journal is reporting that the Securities and Exchange Commission could file civil fraud charges against some credit ratings agencies for potential negligence in mortgage-bond deals that helped trigger the financial crisis. Jean Eaglesham from the Wall Street Journal explains.
Posted In: Banks

Wells Fargo to stop offering reverse mortgages

Jun 17, 2011
The fourth-largest bank in the U.S. has announced it will no longer make reverse mortgages because home prices are too unpredictable.
Posted In: Banks

Online bank ING Direct to be sold

Jun 15, 2011
In return for a government bailout during the financial crisis, the Dutch financial services giant is selling its big U.S. online bank.
Posted In: Banks

Big U.S. banks told to boost cash holdings

Jun 14, 2011
New rules level the playing field between big and small banks. National banks are griping, but will they really have less money to lend?
Posted In: Banks

Why banks have to draw up living wills

Jun 13, 2011
The financial reform law requires that banks have to draw up living wills in the event of another financial crisis.
Posted In: Banks

White House penalizes big banks over mortgage mod program

Jun 10, 2011
JPMorgan Chase, Bank of America and Wells Fargo must make 'substancial improvements' if they want access to President Obama's Home Affordable Modification Program.
Posted In: Banks

Citibank hacked, more than 200,000 bank customers affected

Jun 9, 2011
The banking giant has confirmed that credit card information for about 200,000 of its North American customers have been compromised.
Posted In: Banks

Senate imposes debit swipe fee limits

Jun 9, 2011
The U.S . Senate voted yesterday to end the banking industry's rally to block caps on debit car swipe fees yesterday. Greg McBride at Bankrate.com explains.
Posted In: Banks

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