States nearing mortgage settlement with big banks

Feb 9, 2012
The Obama administration and nearly every U.S. state are reportedly ready to settle for $26 billion with five of the country's largest banks over allegations of abusive foreclosure practices.

Weekly Wrap: Greece and American banks

Jan 20, 2012
A review of the week's biggest business news. This week: News of a debt deal for Greece and what U.S. bank earnings says about the industry in the future.

How about a bi-weekly mortgage payment?

Jan 20, 2012
After refinancing my house with a low-rate, conventional 15-year mortgage, I received an offer to set up bi-weekly or weekly payments. What are the benefits and pitfalls of such a plan? Ron, Richmond Hill, GA

Wells Fargo and Citigroup: A tale of two banks

Jan 17, 2012
Wells Fargo announced a 20 percent yearly profit today, making money on its mortgage business. But Citigroup stumbled as trading revenue dips for stocks and bonds.

Chase earnings signal downturn for financial services

Jan 13, 2012
J.P. Morgan Chase reported its earnings were down 23 percent today. What does this mean for the rest of the big banks?

Big banks team up against cyber attacks

Jan 10, 2012
Security officials from Morgan Stanley and Goldman Sachs are expected to discuss creating a data center that would be responsible for sifting through mounds of secret bank information to signal whether any cyber attacks could happen.

2011 in review: The banking industry

Dec 28, 2011
From pesky hidden fees to the status of Dodd-Frank financial reform, from the impact of Europe's debt crisis to lending -- we look back at the year in banking.

For public good, not for profit.

Why Europe matters

Dec 14, 2011
Polls show that Americans are not paying much attention to the debt crisis in Europe.

Where has the rage against banks gone?

Jul 21, 2011
The near-collapse of the financial system created anger across the country. But now there's another target for all that emotion.

Goldman Sachs gets big boost from Buffett

Sep 24, 2008
If stocks go up this morning after two days of triple digit declines, it might be thanks in part to the Oracle of Omaha....