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Banks Profit

Banks Profitting Off Government Program Aimed At Struggling Borrowers

The Huffington Post | Bonnie Kavoussi | Posted 03.29.2012 | Business

Perhaps the government's homeowner assistance program should be renamed the bank assistance program. Big banks have profited from HARP 2.0, the gov...

Struggling To Obtain Revenue, Citigroup Profits Plunge

Posted 06.18.2011 | Business

NEW YORK (By Maria Aspan) - Citigroup Inc's first-quarter profit fell 32 percent as bond trading revenue plunged and operating expenses jumped. The...

Banks Make $38 Billion From Overdraft Fees

Financial Times | Posted 05.25.2011 | Business

US banks stand to collect a record $38.5bn in fees for customer overdrafts this year, with the bulk of the revenue coming from the most financially st...

Wall Street Bracing For Profit Shock

CNN | Alexandra Twin | Posted 05.25.2011 | Business

The five-week old stock rally faces its biggest test yet this week: The arrival of the first big basket of what is likely to be a rotten batch of quar...