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Debt debate forces companies to ask: What if?

Apr 11, 2011
As the political battle shifts from the budget to the U.S. debt, banks and other firms weigh contingency plans for a possible government default.
Posted In: Banks

Report urges shift in global development

Apr 11, 2011
A World Bank report out today recommends a shift in how developed countries give to developing countries. The report encourages countries to focus on building stable government and institutions.
Posted In: Banks

The IRS investigates HSBC for tax evasion

Apr 8, 2011
The IRS wants the banking giant to share information about people evading taxes through accounts in India.
Posted In: Banks

The downside to Citibank clearing little checks first

Apr 4, 2011
Citibank says it will soon clear little checks before big ones in an effort to reduce bounced checks. Banking consultant Mike Moebs discusses the potential impact that may have.
Posted In: Banks

What will you do if banks hike fees?

Apr 1, 2011
Bank lobbyists are constantly saying the industry needs to raise its fees on customers. The banks don't want to charge customers more, they say....
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Banks cry poor; their profits beg to differ

Mar 30, 2011
JPMorgan Chase's CEO warns that financial regulation makes U.S. banks uncompetitive. Yet their profits have returned to pre-crisis levels.
Posted In: Banks

Banks, lawmakers tussle over Dodd-Frank regulations

Mar 30, 2011
Banks are saying that the financial reform law is costing them so much, they have to impose bigger fees on consumers.
Posted In: Banks

Aussie dollar hits a 29-year high

Mar 29, 2011
The value of the Australian dollar has risen 10.5 percent in less than two weeks. Today, one Australian dollar will buy you $1.03 in U.S. dollars.
Posted In: Banks

Banks get living wills

Mar 29, 2011
The Federal Deposit Insurance Corporation votes tomorrow on standards that direct banks to make funeral arrangements for their own demise.
Posted In: Banks

Egyptian market plunges after opening

Mar 23, 2011
The Egyptian stock exchanged opened for the first time in nearly two months this morning. But after the market dove nearly 10 percent after its initial opening, trading was halted again.
Posted In: Banks

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