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Large Banks

What to Consider When Deciding on Large vs. Community Bank

MyBankTracker | Posted 10.27.2013 | Business
MyBankTracker

Both big and small banks provide the same essential services of holding your money and allowing you to incur interest through various savings accounts; however, in other areas, some of the differences are stark.

The Egyptian Coup Is a Bad Precedent for All Democracies

James Marshall Crotty | Posted 09.04.2013 | World
James Marshall Crotty

You may not like the Muslim Brotherhood. You may not support its religion-infused politics, its arrogant brand of Islam, its views of the U.S. and Isr...

Surprised? Those Big Banks That Got Taxpayer Money Are Still Taking Huge Risks

The Huffington Post | Bonnie Kavoussi | Posted 03.07.2012 | Business

The big banks that critics claim caused the financial crisis may have gotten bailed out, but they apparently haven't learned their lesson. Large b...

SBA is Making Lines of Credit More Available --- Maybe

Jerry Chautin | Posted 01.11.2012 | Small Business
Jerry Chautin

To provide the much-needed liquidity, the U. S. Small Business Administration is revising its CAPLine program to make lines of credit more acceptable to lenders and more available to small-business owners. However, banks would rather make conventional LOCs rather than hassle with some of the SBA's requirements.

Federal Reserve: Big Banks Should Tie More Employee Pay To Risk

Posted 12.05.2011 | Business

WASHINGTON (Dave Clarke) - Large banks need to tie more employees' compensation to the risk their decisions pose to the banks through such things...

Total Number Of Troubled Banks Drops For First Time In Five Years

AP | By MARCY GORDON | Posted 10.24.2011 | Business

WASHINGTON -- The number of troubled banks tracked by the Federal Deposit Insurance Corp. fell in the April-June quarter, the first quarterly drop in ...

Lender "Screws Up," Others Can Learn From Its Mistakes

Jerry Chautin | Posted 10.17.2011 | Business
Jerry Chautin

Every bank has its own sweet spot for small-business loans and will look at your application somewhat differently. Find the right one and form a business relationship before applying.

Some Real Estate Agents Are In Cahoots With Fraudsters

Jerry Chautin | Posted 08.31.2011 | Business
Jerry Chautin

With declining prices, scammers are using short sales to make a fast buck by purchasing properties at below-market prices and immediately flopping them to new buyers.

Obama's Job Creation Plan and Business Growth Coincide at Exporting

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

You can increase your revenues by selling products and services overseas, even if you've never done it before. Moreover, exporting creates jobs in America. That is why Obama wants the federal government to help you get started.

New Refinancing Program May Help Stem a Pending Foreclosure Disaster

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Pundits say that $350 billion of commercial mortgage loans are coming due for payoff. The balances still owed are so high that many borrowers will be unable to refinance conventionally.

$30 Billion Is Being Allocated to Boost Small-Business Lending

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Big banks prefer making multimillion-dollar loans to large corporations instead of small-businesses because the fee income is greater and it allows them to hire experts in industries that they want to target.

Your Money Search Begins With a Persuasive Cover Letter

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Even though the cover letter is rarely thought of as a business-plan document, it begins the process of selling your concept to the loan officer and finance committee.

Big Financial Firms Losing Power On Capitol Hill

Washington Post | Binyamin Appelbaum | Posted 05.25.2011 | Business

Large banks are on the verge of losing a key legislative battle over the shape of financial reform, an unusual setback that reflects the continued pol...