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Big Banks

Jamie Dimon: 'We're Doing The Right Thing'

AP | ANGELA CHARLTON and DAVID McHUGH | Posted 03.25.2013 | Business

DAVOS, Switzerland — Leading bankers at the World Economic Forum in Davos, Switzerland, are on the defensive amid demands to regulate their indu...

Mark Gongloff

Warren Buffett: 'The Banks Will Not Get This Country In Trouble, I Guarantee It'

HuffingtonPost.com | Mark Gongloff | Posted 01.11.2013 | Business

Warren Buffett is the Oracle of Omaha, a national treasure, our Yoda grandpa of investing, so we should probably just take his word for it when he say...

The Flow of Money in New York State Politics

Ana Komnenic | Posted 03.02.2013 | New York
Ana Komnenic

The logic behind the Citizen's United ruling was that people, corporations, and organizations have the right to free speech. However, disclosure reports indicate that donors often contribute to such a wide range of political candidates and parties that their money goes to contradicting ideologies.

Banks Hit With Laughably Small Fines

AP | Posted 12.27.2012 | Business

WASHINGTON -- The Financial Industry Regulatory Authority says five of the country's largest banks will pay $4.5 million to settle claims they used mu...

What Banks Won't Tell You About Their Sweetheart Deal With the Fed

D. Sidney Potter | Posted 12.20.2012 | Business
D. Sidney Potter

The beauty of supply-side economics, is that just when you start to believe that it might actually be theoretically true, there's always reality that breaks that fantasy.

Big Bank Receives Adorable Mini Fine

Reuters | Posted 02.18.2013 | Business

By Jed Horowitz Dec 19 (Reuters) - A U.S. regulator fined Deutsche Bank Securities $1.25 million and censured it for o...

Is the Door Opening to Criminal Prosecution of Big Banks?

Nicholas Carroll | Posted 02.16.2013 | Business
Nicholas Carroll

I don't know that Obama will lead the charge to justice. But seeing this surging wave of litigation, perhaps he will have what it takes to grab his surfboard and catch the wave.

Why We Can't Counter Corporate Power by Being Better Shoppers

Stacy Mitchell | Posted 02.13.2013 | Business
Stacy Mitchell

Choosing independent businesses and local financial institutions is a great idea. But a purely consumer-oriented response won't get us where we need to go, in part because it fails to fully grapple with how we got here in the first place.

America's Least Favorite Bank Revealed

Reuters | Posted 02.10.2013 | Money

(Corrects score for JPMorgan) By Rick Rothacker Dec 11 (Reuters) - JPMorgan Chase & Co jumped to first in a U.S. custom...

Wells Fargo In Hot Water Over Sandy Policy

Reuters | Posted 01.16.2013 | Business

* Delays may violate mortgage settlement - attorney general * Bank says actions misinterpreted, it is helping customers ...

Mark Gongloff

Elections Give Financial Reform New Lease On Life

HuffingtonPost.com | Mark Gongloff | Posted 11.07.2012 | Business

Wall Street's costly gamble to kill financial reform by betting heavily against President Barack Obama and Elizabeth Warren in the 2012 election has b...

Christina Wilkie

Wall Street Looking At A Blue Night

HuffingtonPost.com | Christina Wilkie | Posted 11.06.2012 | Business

Through much of the campaign, major Wall Street banks have nursed visions of a Republican majority capturing control of the Senate and then weakening ...

It's Time to Make It Easier to Move Your Money

Pamela Banks | Posted 01.23.2014 | Money
Pamela Banks

Consumer frustration has only grown in the year since Bank Transfer Day as bank fees have continued to rise. It's time to make it easier for consumers to move their money so they have a real choice when it comes to where to bank.

Not Too Big to Jail

Allan Brawley | Posted 01.23.2014 | Business
Allan Brawley

We need to hold bank CEOs and other corporate officers personally liable for their misconduct. Simply fining companies does not work since they obviously see this as just another cost of doing business.

MORE Banks Subpoenaed Over Libor

Wall Street Journal | Reed Albergotti and Jean Eaglesham | Posted 10.26.2012 | Business

Nine more banks have received subpoenas in connection with a probe into alleged widespread interest-rate manipulation by banks, a person familiar with...

WATCH: Neil Barofsky's Disappointment With Vikram Pandit and President Obama

Bill Moyers | Posted 12.23.2012 | Business
Bill Moyers

2012-10-23-moyers.JPG

Too Big to Lend

Stacy Mitchell | Posted 12.18.2012 | Small Business
Stacy Mitchell

Small business lending has fallen some at small and mid-sized banks, but not nearly as much as it has at big banks. All of this adds up to what may be the most compelling argument for breaking up the nation's biggest banks.

Catherine New

Battle of the Bigs: Walmart Challenges Chase For Your Money

HuffingtonPost.com | Catherine New | Posted 10.09.2012 | Money

Big box retailer Walmart is taking on big bank retailers like Chase to nab a profitable demographic: low-income customers who are likely to incur tran...

What's the Difference?

Daron Acemoglu | Posted 11.06.2012 | Politics
Daron Acemoglu

2012-08-28-scblog2.png Though the policies advocated by Republicans and Democrats are diametrically opposed on the surface, their implications and their constituencies may be much more similar.

Running for President? Better Know a Big Bank Bundler (or Several Hundred)

Dan Petegorsky | Posted 10.28.2012 | Politics
Dan Petegorsky

As Republicans gather in Tampa this week, they've got a bit of a problem: figuring out how to wine, dine, and celebrate their sugar daddies in style without ripping back the veil of secrecy they've drawn over their super-wealthy backers.

America's Next Top Model Contestant Now Trying For Top Banker

Posted 08.24.2012 | Business

A former America’s Next Top Model contestant is now one step closer to becoming America’s next top banker. Citigroup is hiring season 5 contest...

Banker Bill Harrison's Bogus Brief for (Broken) Big Banks

Richard (RJ) Eskow | Posted 10.24.2012 | Business
Richard (RJ) Eskow

Every day we rise and tell ourselves this will be a good day, free of that unique combination of predation, self-pity, mediocrity and disingenousness which characterizes the modern bank executive. And every day somebody proves us wrong.

Why I Still Do Business With Bank Of America

The New York Times | Posted 10.22.2012 | Money

Okay, I've admitted it: I bank with a big, money-center bank. Specifically, Bank of America. It's not the sole institution with which I bank. But I...

High Finance Tales

Christopher Brauchli | Posted 10.17.2012 | Politics
Christopher Brauchli

It's time for an update on activities occurring in the world of high finance. Several newsworthy events have occurred.

Consumers Fight Big Banks for a Day in Court

Rep. Dennis Kucinich | Posted 10.17.2012 | Business
Rep. Dennis Kucinich

The public at large is finally learning about abuses in the credit card banking industry. Over time, the banks may change their policies. But as a consumer, you must learn your rights, and you must insist that your rights are upheld.