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Banking

Cromnibus Postmortem: Democrats Allowed Republicans to Gut Major Legislation

Ian Reifowitz | Posted 12.15.2014 | Politics
Ian Reifowitz

Every single time Republicans threaten to shut down the government when they don't get what they want, we should let them, because every time they will end up forced to back down. The one thing that their ongoing extremism has done is cement in the mind of the American people that they are the crazy ones.

Macro Impact Coming From Microloans in LA

John E. Kobara | Posted 12.04.2014 | Impact
John E. Kobara

I can't think of a better place to unleash this concept than in Los Angeles, where our future is being driven by small business entrepreneurs, especially immigrants. Los Angeles is a city of dreams. We have among the highest entrepreneurial activity in the country.

Are You Throwing Your Money Away?

Ryan Bailey | Posted 12.04.2014 | Money
Ryan Bailey

The technologies and services you're currently using to manage your money could make the most sense for you right now, but one pivotal moment in your life could change that.

An Economic Agenda for America: 12 Steps Forward

Sen. Bernie Sanders | Posted 12.02.2014 | Politics
Sen. Bernie Sanders

The long-term deterioration of the middle class, accelerated by the Wall Street crash of 2008, has not been pretty. Today, we have more wealth and income inequality than any major country on earth.

The Shrews that Tame Wall Street?

Mehrsa Baradaran | Posted 11.25.2014 | Business
Mehrsa Baradaran

In interviews with whistleblowers, many say that they didn't talk sooner because of their loyalty to the institutions they were a part of. Perhaps women, never being fully embraced by the institution, don't develop a deep loyalty, or perhaps only sip the Kool-Aid.

How Innovative Savings Accounts Can Help Low Income Women

Jennifer McDonald | Posted 11.25.2014 | Impact
Jennifer McDonald

These women do not need charity -- they need an innovative approach to banking.

As America Becomes More Diverse, Lending Barriers to Minority Homeownership Demand Serious Leadership

Garrick T. Davis | Posted 11.19.2014 | HuffPost Home
Garrick T. Davis

Recently released mortgage disclosure data findings indicate that a majority of future U.S. households could face significant challenges in achieving homeownership.

Thinking About Their Jobs Makes Bankers Dishonest

AP | By SETH BORENSTEIN | Posted 11.19.2014 | Business

WASHINGTON (AP) — The banking industry seems to bring out dishonesty in people, a new study suggests. A team of Swiss economists test...

The Parable of the Life-Risking, Faithful Servant

Stan Duncan | Posted 11.18.2014 | Religion
Stan Duncan

Today I'm more and more inclined to think that this parable actually has very little to do with "talents" as we know them and much more to do with money and banking and oppression and power, and also one poor, faithful, schlep who stood up to it all and took a hit for it.

Women in Business: Josie Natori, Founder and CEO of the Natori Company

Laura Dunn | Posted 11.15.2014 | Business
Laura Dunn

Josie Cruz Natori is founder and CEO of the Natori Company. Exemplifying her own mantra, she crossed continents, navigated varying careers, and surmounted countless obstacles to create a global brand, Natori.

With Economic Justice For All

The Alternative Banking Group of OWS | Posted 11.11.2014 | New York
The Alternative Banking Group of OWS

With the nomination of Lorretta Lynch for attorney general, it is a crucial time to learn from past mistakes and oversights. We call on Lynch to learn from the past and work towards true accountability and fairness for all.

Is Your Community Bank Well Run?

Mary Ellen Biery | Posted 11.11.2014 | Business
Mary Ellen Biery

The best-run community banks in the U.S. are mostly small, independently owned banks with fewer than a dozen retail branches, less than $500 million i...

Banking Saves Health Care

Eric Silfen, M.D. | Posted 11.07.2014 | Business
Eric Silfen, M.D.

The problem that confronts health care represents a lucrative business opportunity for the industry that does data transaction best: banking.

25 European Banks Fail Stress Test

Reuters | By Laura Noonan and Eva Taylor | Posted 10.27.2014 | Business

FRANKFURT, Oct 26 (Reuters) - Twenty five of the euro zone's 130 biggest banks have failed a landmark health check and ended last year with a collecti...

5 Things Baby Boomers Need To Know About Bitcoin

April Rudin | Posted 10.23.2014 | Small Business
April Rudin

It's a volatile investment, with tremendous upside and tremendous downside. It's not for everyone's portfolio. Before you put any money into it, you should speak with a professional advisor who has done his or her diligence.

Why I hate my new Chase Slate VISA card

Tom Falco | Posted 12.14.2014 | Money
Tom Falco

This morning, it took me one hour to link my new JP Morgan Chase Slate VISA card with my current Chase accounts so that I could easily pay the bill on...

Wells Fargo Employee Calls Out CEO's Pay, Requests Company-Wide Raise In Brave Email

The Huffington Post | Kevin Short | Posted 10.09.2014 | Business

When most employees want a raise, they schedule a meeting with their supervisor or reach out to human resources. A Wells Fargo employee took a mark...

The New Global Imbalance: Too Much Financial Risk-Taking, Not Enough Economic-Risk Taking

José Viñals | Posted 12.08.2014 | Business
José Viñals

I have three key messages for you today: 1. Policymakers are facing a new global imbalance: not enough economic risk-taking in support of growth, but...

I Just Say One Word -- Just One Word: Efficient-Banking

Spiros Margaris | Posted 11.29.2014 | Business
Spiros Margaris

Mr. McGuire: I just want to say one word to you - just one word. Benjamin: Yes sir. Mr. McGuire: Are you listening? Benjamin: Yes I am. Mr. McGuire:...

The Rogues Taking on the Old Banking Elite

Brett King | Posted 11.29.2014 | Business
Brett King

This week in Boston, MA there is an annual gathering of the Financial Services Elite, some 7,000 in total attending what is arguable the world's largest financial services conference called SIBOS. This year Bill Gates is the closing Keynote speaker.

Walmart Wants To Be Your Bank

AP | JOSEPH PISANI | Posted 11.24.2014 | Business

NEW YORK (AP) — Wal-Mart is the latest company to get rid of fees that traditional banks charge customers who don't have enough money in their accou...

The 19 Essential Rules For Workplace Bathroom Etiquette

GSElevator | Posted 11.15.2014 | Business
GSElevator

No long conversations at the urinal (a simple "Hey man" or nod is acceptable). And, absolutely no talking between stalls.

Has Paper Money Outlived Its Purpose?

Stephen G. Cecchetti | Posted 11.02.2014 | Money
Stephen G. Cecchetti

Serious people have been suggesting that we think hard about eliminating paper currency. Paper money facilitates criminality and creates the zero lower bound (ZLB) for nominal interest rates. So, why not just get rid of it and replace it with electronic money?

Russian Hackers Said to Loot Gigabytes of Big Bank Data

Bloomberg | Posted 08.28.2014 | Business

Russian hackers attacked JPMorgan Chase & Co. and at least four other banks this month in a coordinated assault that resulted in the loss of gigabytes...

Astoria Characters: The Lovebirds

Nancy Ruhling | Posted 10.19.2014 | New York
Nancy Ruhling

They're making the best of things. Violeta has learned to go to mass by herself. Immaculate Conception is only five blocks away, but for Vincent it might as well be a million miles.