NEW YORK: The Federal Reserve may give U.S. banks insight into whether it will scale back its proposed crackdown on debit card processing fees, when a...
Bank of America has agreed to pay $410 million to settle a federal lawsuit alleging the bank charged excessive overdraft fees. The suit is one of s...
So now we know what the big banks' New Year's resolution was: Keep the profits flowing from basic checking accounts. Earlier this month, Bank of Amer...
A lot of people are drawn into 0% Intro APR and Balance Transfer Rate discounts without thinking what happens after they cease. Banks know that people screw up and are always looking for new credit users to milk fees from.
In response to new regulations, banks are carefully guarding one of their most reliable profit streams: the fees they charge customers for basic banki...
Willie Sutton is credited with saying that he robbed banks because that's where the money is. Banks know where the money is, too: overdraft fees.
Today, the Kardashian sisters are putting name and celebrity status behind a Mastercard prepaid card. The sisters, Kim, Khloe and Kourtney, are the la...
SIOUX FALLS, S.D. — TCF National Bank sued Federal Reserve chairman Ben Bernanke and the Fed's board of governors on Tuesday, saying regulations...
Several years back, I ran a large team building event for a company on Wall Street. The men and women vibrated with intelligence and sparkled with charisma. But something about that day has recently come back to haunt me.
The good news for bank customers this summer is that new federal rules should cut down on unexpected overdraft fees. The bad news is that banks are...
Everyone should take a closer look and learn about more banking. Children should be educated from an early age to understand how saving money, lending money and commercial banks operate.
NEW YORK — Big banks facing big drops in revenue are looking to Main Street to make up the difference. Checking accounts, bank statements, even...
Beyond financial reform, we must encourage all Americans -- especially our youth -- to cultivate adequate individual financial literacy to succeed in this increasingly complex, fast-moving economy.
The Roosevelt Institute's Mike Konczal writes about trying to figure out how much a customer is worth to a commercial bank: "There's whatever you pay...
"The Daily Show" hammered big banks and credit card companies Tuesday night over exorbitant fees and other predatory lending practices. Jon Stewart de...
For many households trying to improve their finances, tossing out pitches from the bank has become almost automatic. But in recent weeks, Chase has be...
Big banks impose much higher costs on their customers than small banks and credit unions do. Moving our money could save us billions of dollars a year.
Americans fed up with the lack of financial reform and the behavior of big Wall Street banks are moving their money to smaller community banks and cre...
On Feb. 22, new first of many new financial regulations to protect consumers takes effect. It's not a moment too soon. Banking, especially retail bank...
After AIG announced its plans to pay $100 million in expedited bonuses this year, Treasury Secretary Tim Geithner criticized the payouts as "outrageo...
NEW YORK, Feb 1 (Reuters) - Citigroup Inc (C.N) has shelved plans to impose new fees on more than a million customers nationwide who took out "free ch...
Several days after 21-year-old Heather Lynn used her Wachovia debit card to donate $10 to Yele Haiti's earthquake fund, she noticed on her online bill...
If Democrats can't hold Bush et. al. accountable for their economic failures and lose the populist argument to Fox-y Republicans, we don't deserve to govern.
Dennis Santiago of Institutional Risk Analytics reports that in the first seven days of the joint IRA/Huffington Post/Roosevelt Institute Move Your Mo...
Update at 9:03 AM Friday: Visa, MasterCard, American Express and Discover have now all announced that they will waive fees for some donations related...
