Bank Profits

Wall Street Profits Soar To $50B, Bonuses To Rise Up To 40 Percent

Huffington Post | Marcus Baram | Posted 12.17.2009 | Business


In a clear sign of Wall Street's rebound, investment firms are producing record profits this year and the average bonus could rise as much as 40 perce...

FDIC Insurance Fund Goes Into The Red; Number Of Problem Banks Rises To Highest Level In 16 Years

AP | DANIEL WAGNER | Posted 11.24.2009 | Business


WASHINGTON — The apparent end of the recession and stabilizing financial markets have not cured the banking industry, as souring and past-due lo...

Krugman: The Banks Are Not Alright

New York Times | Paul Krugman | Posted 10.19.2009 | Business


It was the best of times, it was the worst of times. O.K., maybe not literally the worst, but definitely bad. And the contrast between the immense goo...

Shahien Nasiripour

Percent Of Money-Losing Banks Set An All-Time High In Second Quarter

HuffingtonPost.com | Shahien Nasiripour | Posted 10.16.2009 | Business


The percent of banks that lost money last quarter set an all-time high, according to the Federal Deposit Insurance Corporation. More than 28 percent ...

Bank Profits Hide Looming Problems

Yahoo! | Stephen Bernard and Ieva M. Augstums, AP Business Writers | Posted 08.17.2009 | Business


NEW YORK (AP) -- The big banks are making big money again, but they won't be back to health as long as they have to deal with a recession and customer...

Bank Profits: Amateur Hour For Aspiring Magicians

New York Times | ANDREW ROSS SORKIN | Posted 05.21.2009 | Business


This is starting to feel like amateur hour for aspiring magicians. Another day, another attempt by a Wall Street bank to pull a bunny out of the ha...