Apr 29, 2013
Despite the recent global banking crisis, UK regulators have decided to cut down application approval times for new banks and lower the capital requirements. An American starting a bank there says this will stimulate competition.
Mar 1, 2013
India's finance minister has announced plans to set up the country's first ever women only bank. P Chidambaram says he hopes that it will be granted a license by October.
Jan 4, 2013
Switzerland's oldest bank, Wegelin and Company, has plead guilty to helping wealthy Americans evade taxes.
Nov 29, 2012
A new report says that the now collapsed Kabul Bank in Afghanistan acted as a 'ponzi scheme.'
Sep 17, 2012
China is about to make its biggest ever bank acquisition abroad, according to the Financial Times. It says China could spend as much as $15 billion buying a bank in Europe.
Jun 15, 2012
Would you investigate the trajectory of a single dollar bill? Let me explain. So you go to the store and buy things, then you pay with a $100 bill. What happens to that note? In a nutshell, my question is: What is the route that a single bill takes? How does it circulate? How far can it travel? Homero, Sacramento, CA
Jun 13, 2012
JPMorgan CEO Jamie Dimon apologized for not doing a better job supervising trades that lost his bank billions. Dimon emphasized that while bank shareholders lost money, their clients and taxpayers did not.
Jun 1, 2012
A bank run occurs when customers run down to the bank and demand their money back. So, why can't the bank just return the cash? Sr. Producer Paddy Hirsch explains using a human heart analogy.
Mar 27, 2012
Britain faces the same dilemma as the U.S. when it comes to bailed-out companies: When to sell off the billions of dollars worth of assets it bought from those companies at the height of the crisis.
Mar 2, 2012
A JPMorgan Chase executive said this week that clients who have less than $100,000 in deposits are unprofitable for the bank. New York bureau chief Heidi Moore discusses consumer reaction to that statement, and what it means for the bank.