When listener Michael Woods called to ask about an old stock certificate, Tess Vigeland did the only thing she could do: turn to scripophilist David Beach for some expert advice.
UBS reported a billion dollars in earnings today — its first profit in over than a year. But the Swiss banking giant's rewarding numbers also indicate a worrying trend. Stephen Beard explores what's rattling the nerves of UBS's depositors.
G7 finance ministers have tried to reassure markets that they have Europe's debt crisis under control. Bob Moon talks to Marketplace's Stephen Beard about investors' main concerns.
Buckling to government pressure, Citibank will withhold a fee on low checking accounts. How does this play into the president's agenda for banking regulation? Bill Radke talks to Los Angeles Times business columnist David Lazarus.
AIG had promised to pay employees nearly $200 million in bonuses next month, but buckled to pay cut pressure from pay czar Kenneth Feinberg. Amy Scott reports $100 million will go to workers in advance who agreed to the cuts.
The president proposes using bailout funds to help community banks lend more to small firms so they can start hiring again. Will it work? Mitchell Hartman reports.
Former Federal Reserve Chairman Paul Volcker
goes before the Senate Banking Committee later today to defend President Obama's proposals for
bank regulations. Steve Chiotakis talks to analyst Juli Niemann from Smith, Moore and Company.
