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Commercial Banking

Ex-Wells Fargo CEO: 'Investment Bankers Are Risky, Not Investment Banking'

The Huffington Post | Alexander Eichler | Posted 07.26.2012 | Business
Read More: Investment Banks, Sanford Weill, Richard Kovacevich, Phil Gramm, Wall Street, Commercial Banks, Wells Fargo, Investment Bankers, Financial Reform, Commercial Banking, Financial Crisis, Glass-Steagall Act, Sandy Weill, Investment Banking, Glass-Steagall, Video, Business News

Banks don't lose money. People lose money. That seems to be the feeling of Richard Kovacevich, the former chairman and CEO of Wells Fargo. "Why thi...

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It Turns Out 2011 Was A Pretty Great Year For Banks

The Huffington Post | Alexander Eichler | Posted 03.08.2012 | Business
Read More: Consumer Banking, Brian Moynihan, Bank Fees, Dodd-Frank, Lobbying, Lobbyists, Commercial Banking, Bank of America, Bank Profits, Bank of America Fee, Retail Banking, Commercial Banks, Bank Income, Bank Lobbying, Debit Card Fees, Financial Regulation, Bank of America Debit Card Fees, Video, Business News

By almost any measure, 2011 was a rocky year -- high unemployment, volatile markets, rising poverty, protests in the streets. Thankfully, the banks ma...

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JPMorgan Chase Primarily Interested In Ballers, Shot-Callers

The Huffington Post | Alexander Eichler | Posted 02.29.2012 | Business
Read More: Jamie Dimon Pay, JPMorgan Chase, Video, Bank Fees, Commercial Banks, Jpmorgan, Bank of America, Commercial Banking, Interchange Fees, Overdraft Fees, Jamie Dimon, Banking Fees, Retail Banking, Financial Regulation, Debit Card Fees, JPMorgan 100K, Business News

If you've got less than a hundred grand in the bank, JPMorgan Chase is just not that into you. At a presentation to investors this week, JPMorgan e...

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