US Banks

Banking Industry Reaps Biggest Earnings Since Before Crisis

Reuters | Posted 05.25.2012

Read More: U.S. Banks, 2008 Financial Crisis, u.s. Banking Industry Earnings 1q 2012, Video, u.s. Banking Industry, Reuters, Business News, Banking Crisis, Financial Crisis, Bank Earnings, Big Banks, Business News

WASHINGTON, May 24 (Reuters) - The U.S. banking industry for the first quarter reported its highest quarterly earnings since the first half of 2007,...

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Bank CEOs Air Grievances With Dodd-Frank

Reuters | Posted 05.03.2012

Read More: Lloyd Blankfein, U.S. Banks, JPMorgan Chase, Goldman Sachs, Video, Federal Reserve Bank of New York, Dodd-Frank, Wall Street, State Street, Ceos, Reuters, Bank of America, Federal Reserve, Financial Crisis, u.s. Bancorp, Trading, Business News

* Bank CEOs express concerns about Dodd-Frank rules * Fed's Tarullo listens but does not respond at meeting * Stress tes...

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Citigroup CEO, Directors Sued For Outsized Executive Pay Packages

Reuters | Posted 04.21.2012

Read More: Dodd-Frank Act, Fiduciary Duties, Manhattan Federal Court, CEO Pay, Video, Shareholders, Citigroup Inc Chief Executive Vikram Pandit, Reuters, Ceo, Richard Parsons, Compensation, US Banks, Old Lane Partners, Business News

* Lawsuit follows rejection of CEO Pandit's pay package * Directors accused of breach of fiduciary duties April 20 (Reut...

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IRS Rule Could Threaten Some Banks' 'Viability'

Reuters | Posted 04.18.2012

Read More: Offshore Bank Accounts, Treasury Department, Video, Miami Herald, Irs, Guggenheim Partners, Internal Revenue Service, Reuters, US Banks, US Congress, Tax Evasion, Legislation, Non-U.S. Depositors, Business News

April 17 (Reuters) - Banks in Texas, Florida and other southern states could face a pull-out of non-U.S. depositors due to a new U.S. rule finalized...

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Bank Probe Adds 'A Lot Of Overlapping Cooks In The Kitchen'

Reuters | Posted 05.01.2012

Read More: U.S. Banks, Rmbs, Wells Fargo, President Barack Obama, Attorney General Eric Holder, Fannie Mae, Goldman Sachs, JPMorgan Chase, Video, Freddie Mac, Reuters, Department of Justice, Securities and Exchange Commission, State of the Union, Housing Bubble, Citigroup, Business News

* DOJ subpoenas seek three years of documents * New group announced in State of the Union * Could slow down efforts to r...

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U.S. Banks Changing Behavior In Face Of European Crisis

AP | By MARTIN CRUTSINGER | Posted 01.30.2012

Read More: European Debt Crisis, Banks Europe, Video, Government Debt, US Europe Banks, Federal Reserve, European Crisis, US Banks, Euro Crisis, Business News

WASHINGTON -- A Federal Reserve survey has found that more than half of U.S. banks that lend to European banks have tightened their standards, a refle...

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Banks Face Crisis Of Confidence, As Europe Falls Further

HuffingtonPost.com | Catherine New | Posted 12.15.2011

Read More: Fitch Ratings, U.S. Banks, Goldman Sachs, Eurozone, European Banks, Credit Downgrade, Banks, Europe, Euro Crisis, Euro, Business News

The crisis in Europe showed no sign of letting up on Wednesday, and analysts and observers warned of the potential for a sharp financial downturn over...

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Why Critics of Wall Street Exist Among Avowed Capitalists

Rabbi Shmuley Boteach | Posted 01.20.2012

Read More: U.S. Banks, Investment Banks, Wall Street Critics, Too Big to Fail Banks, Banks, Occupy Wall Street, Wall Street Criticism, Too Big to Fail, Business News

Since I am an avowed capitalist, why should there be any issue with banks or those who have legitimately found a means by which to produce staggering wealth? For two reasons.

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Fitch Concerned By Exposure Of U.S. Banks To European Debt Crisis

Posted 11.17.2011

Read More: U.S. Banks, European Debt Crisis, Fitch Ratings, Fitch Banks Europe, Video, Eurozone Crisis, u.s. Banks European Banks, Bank-News, Business News, Euro Crisis, Business News

Fitch Ratings warned that it may reduce its "stable" rating outlook for U.S. banks with large capital markets businesses because of contagion from...

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Fed: Half Of Top U.S. Banks Made Loans To Europe Banks, Heightening Risk

Posted 01.07.2012

Read More: Europe Economic Crisis, European Debt Crisis, U.S. Banks, European Banks, Video, u.s. Banks European Banks, Bank-News, Business News, Federal Reserve, Greek Debt Crisis, Business News

WASHINGTON (Reuters) - Around half of top U.S. banks surveyed by the Federal Reserve reported making loans or extending credit to European banks, ...

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U.S. Banks Losing Ground In Combating Credit, Debit Card Fraud: Report

Posted 12.04.2011

Read More: Fraud, U.S. Banks, The Nilson Report, Video, Debit Card, Citigroup Inc, TJX Companies, Credit Card, Google Inc, Lockheed Martin Corp, Hackers, Business News

(Ross Kerber) - U.S. banks are losing ground in the battle to combat credit and debit card fraud, a new report shows, underscoring the growing thr...

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How The Euro Debt Crisis Could Affect U.S. Banks

Time | STEPHEN GANDEL | Posted 11.28.2011

Read More: European Debt Crisis, U.S. Banks, European Stocks, Federal Financial Institutions Examination Council, Morgan Stanley, Societe Generale, Chancellor Angela Merkel, European Union, Federal Reserve, Financial Crisis, Dodd-Frank Regulations, Business News

Depending on how you look at it, U.S. banks could lose as much as $1 trillion dollars if the current money troubles in Europe were to lead to a full b...

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Proposal for the Fed -- Start a Euro Depository Account for Member Banks

Warren Mosler | Posted 11.23.2011

Read More: U.S. Banks, Banks, Federal Reserve, Ecb, Euro, Business News

This proposal will help stabilize the euro financial structure and provide a bit of income from service fees for U.S. member banks. The Fed has an ac...

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FDIC Approves New Bank Regulations

AP | Posted 11.13.2011

Read More: JPMorgan Chase, Goldman Sachs, Fdic, Wall Street, Bank Regulations, Financial Reform, Jpmorgan, Financial Crisis, Banks, US Banks, Bofa, Bank Bailout, New Bank Rules, Bank Rules, Citigroup, Business News

WASHINGTON — The largest U.S. banks will be required to show regulators how they would break up and sell off their assets if they are in danger ...

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Only Two U.S. Banks Seriously Exposed To Euro Crisis: Analysis

Posted 11.12.2011

Read More: Financial Statistics Yearbook, U.S. Banks, European Debt Crisis, Goldman Sachs, JPMorgan Chase, Video, Morgan Stanley, International Monetary Fund, Italy, Spain, Ochdale Securities', Richard Bove, Citigroup, Business News

Rochdale Securities' analyst Richard Bove said fears of a possible impact of a European debt crisis on U.S. banks were overblown, with only Citigr...

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Paul Krugman: U.S. Letting Bankers Walk

The New York Times | Paul Krugman | Posted 09.16.2011

Read More: Wall Street Bailout, Economic Stimulus Package, Financial Reform, Krugman, US Financial Crisis, US Financial Reform, US Banks, Paul Krugman, Bank Bailout, Business News

Ever since the current economic crisis began, it has seemed that five words sum up the central principle of United States financial policy: go easy on...

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Banks Prepare To Lower August Use Of U.S. Treasuries As Precaution

Posted 08.13.2011

Read More: Federal Reserve, August Treasuries, US Banks, Financial TImes, Treasury Market Practices, Wall Street, Barack Obama, US Treasuries, Video, Business News

NEW YORK - A number of Wall Street's biggest banks are preparing to lower their use of U.S. Treasuries in August, the Financial Times reported on ...

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Credit Card Executives Optimistic In Face Of Looming Dodd-Frank Rules

Posted 07.02.2011

Read More: JPMorgan Chase, US Banks, Spencer Bachus, Credit Cards, Financial Reform, Credit Card Executives, Dodd Frank, Business News

MIAMI BEACH, Florida (Maria Aspan) For the first time in years, credit card executives are looking beyond the losses of the financial crisis -- an...

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The U.S. Banking Industry Is Shrinking: Who Benefits?

Posted 06.28.2011

Read More: U.S. Banks, Bank Failure, Fdic, Dodd-Frank, Financial Reform, Wells Fargo, Too Big to Fail, Bank of America, Banks, Banking Industry, Bank Consolidation, Citigroup, Business News

By Knowledge@Wharton Though the U.S. banking sector was in recovery mode in 2010, it still managed to reach some highs and lows. There were 157 ban...

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U.S. Banks Relying On Fees And Rainy Day Funds, Not Loans To Turn Profits

Posted 06.09.2011

Read More: Surging Revenues, Earnings Growth, Interest Income, US Banks, Loans Outstanding, Loan Growth, Bank Loans, Citigroup, Dodd Frank, Investors, Business News

CHARLOTTE, North Carolina (Joe Rauch) - Investors looking for loan growth and surging revenues at the biggest U.S. banks, including Citigroup Inc ...

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U.S. Bank Given Mortgage Code Of Conduct

Reuters | Sakthi Prasad | Posted 05.25.2011

Read More: Troubled Mortgage Borrowers, Wall Street Journal, US Banks, State Attorneys General, Loan Balances, Business News

(Reuters) - U.S. banks received a proposal from state attorneys general and several federal agencies that could require them to reduce loan balances...

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Felix Salmon: U.S. banks will be "toast" if more U.S. homeowners catch onto new take of the "jingle mail" trend (VIDEO)

Huffington Post | Sherry Shen | Posted 05.25.2011

Read More: Foreclosures, Mortgages, New-Trends, Strategic Default, U.S. Banks, Wells Fargo, Banks, Homeowners, Felix Salmon, Jingle Mail, Sand States, Video, Business News

Reuters blogger Felix Salmon believes that if more and more struggling homeowners continue walking away from their homes, U.S. banks could be "toast."...

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We're moving!

Jeff Danziger | Posted 05.25.2011

Read More: US Economy, US Banks, Politics News

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United States of America vs. UBS: A Step Too Far?

Georges Ugeux | Posted 05.25.2011

There is no winner when fundamental rule of law and customer loyalty are not respected. This will have major ramifications outside of Switzerland and the United States.

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Commercial Real Estate Crash Would Cripple U.S. Banks

Sheldon Filger | Posted 05.25.2011

Read More: Commercial-Real-Estate-Defaults, Financial Crisis, Banking Crisis, U.S. Banks, Commercial Real Estate, Commercial-Real-Estate-Crisis, Global Economic Crisis, Business News

A commercial real estate implosion has been predicted for months by many observers, including this writer.

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