Banks

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B of A named most valuable banking brand in the world

Feb 1, 2011
This final note today, from the Marketplace desk of how the heck does this happen? Bank of America has somehow become the most valuable banking...
Posted In: Bank of America, Banks

Umpqua Bank: Hip, happening and growing

Jan 28, 2011
The regional bank pulls in customers with lattes, community events, and even virtual bowling. It's becoming a pretty big bank by acting small.
Posted In: Banks

Tale of two TARPs

Jan 27, 2011
Big banks have repaid government bailout funds and are profitable. But smaller banks that got TARP money face challenges.
Posted In: Banks

Government to sell Citigroup warrants

Jan 26, 2011
The auction of Citi warrants continues Washington's exit from the troubled bank and will add to the $12 billion profit the Treasury has made.
Posted In: Banks

China prepares to take over its first bank inside the U.S.

Jan 24, 2011
The Industrial and Commercial Bank of China, or ICBC is hoping to purchase 80 percent of the U.S. division of the Bank of East Asia. Rob Schmitz reports.
Posted In: Banks, China

Bank of America's Countrywide hangover

Jan 21, 2011
Bank of America's losses show it's still paying the price for Countrywide's bad housing bets. How deep is the bank's mortgage hole?
Posted In: Banks

Bank profits rise, but revenues sag

Jan 19, 2011
Banks are bouncing back with strong profits as they purge bad loans. But new regulations are cutting into what's needed most for growth: revenue.
Posted In: Banks

Potential fallout from WikiLeaks obtaining Swiss bank data

Jan 17, 2011
A former Swiss banker gave the website WikiLeaks the names of around 2,000 alleged tax-dodgers with accounts in the Cayman Islands. The website plans to release the names shortly. Jeff Tyler reports.
Posted In: Banks

AIG prepares to sell 'damaged goods'

Jan 17, 2011
It may take a little while, but AIG is on the road to repaying billions it got in bailout money. But to do that, the company needs to repair a damaged image. Mitchell Hartman explains.
Posted In: Banks

Banks' profits may include reserves -- but that may be a good thing

Jan 15, 2011
As banks start to report their earnings for the year, some analysts may warn that the numbers a bit inflated because the banks are counting the reserves they set aside before the meltdown. But counting those reserves now isn't really being untruthful, report Bob Moon.
Posted In: Banks

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