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Commerical Banks

Mike Konczal: What are you worth to your bank?

washingtonpost.com | Mike Konczal | Posted 05.25.2011 | Business

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...

Paul Volcker Testimony: Limiting Banks' Proprietary Activities Would Stabilize The Financial System

Posted 05.25.2011 | Business

A day after Senate Banking Committee Chairman Chris Dodd's office indicated that he may scrap the centerpiece of President Obama's financial regulator...

Banking's Good, Bad And Ugly

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

So far this year, 94 banks have failed and another 500 to 1,000 may go belly up in the next two to three years. Let's take a look at our nation's banks.

Wachovia To Get Cash Infusion

AP | IEVA M. AUGSTUMS | Posted 05.25.2011 | Business

CHARLOTTE, N.C. — Wachovia Corp. is getting a lesson in "timing is everything." The nation's fourth-largest bank reported a $393 million first ...