iOS app Android app

US Banks

U.S. Banks Say They Are Now Safer (By Their Own Measure)

Reuters | Lauren Tara LaCapra and Peter Rudegeair | Posted 11.16.2013 | Business

By Lauren Tara LaCapra and Peter Rudegeair NEW YORK, Sept 16 (Reuters) - The biggest U.S. banks, including JPMorgan Ch...

The Surprising Reason Big Banks Are Getting More Complex

The Huffington Post | Bonnie Kavoussi | Posted 07.23.2012 | Business

On Wall Street, there's a benefit to developing into something big and complex. America's seven biggest banks now have more than 14,500 subsidiari...

Central Bank Fireworks

Michael Pento | Posted 09.04.2012 | Business
Michael Pento

It is clear that governments need to allow the deflationary deleveraging process to finally run its course, rather than continue to artificially prop up the economy by expanding public debt and having the central bank buy it all up.

Banking Industry Reaps Biggest Earnings Since Before Crisis

Reuters | Posted 07.24.2012 | Business

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

Bank CEOs Air Grievances With Dodd-Frank

Reuters | Posted 07.02.2012 | Business

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

Citigroup CEO, Directors Sued For Outsized Executive Pay Packages

Reuters | Posted 06.20.2012 | Business

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

IRS Rule Could Threaten Some Banks' 'Viability'

Reuters | Posted 06.17.2012 | Business

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...

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

Reuters | Posted 05.01.2012 | Business

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

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

AP | By MARTIN CRUTSINGER | Posted 01.30.2012 | Business

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...

Catherine New

Banks Face Crisis Of Confidence, As Europe Falls Further

HuffingtonPost.com | Catherine New | Posted 12.15.2011 | Business

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...

Why Critics of Wall Street Exist Among Avowed Capitalists

Rabbi Shmuley Boteach | Posted 01.20.2012 | Business
Rabbi Shmuley Boteach

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.

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

Posted 11.17.2011 | Business

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

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

Posted 01.07.2012 | Business

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

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

Posted 12.04.2011 | Business

(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...

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

Time | STEPHEN GANDEL | Posted 11.28.2011 | Business

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...

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

Warren Mosler | Posted 11.23.2011 | Business
Warren Mosler

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...

FDIC Approves New Bank Regulations

AP | Posted 11.13.2011 | Business

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 ...

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

Posted 11.12.2011 | Business

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...

Paul Krugman: U.S. Letting Bankers Walk

The New York Times | Paul Krugman | Posted 09.16.2011 | Business

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...

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

Posted 08.13.2011 | Business

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 ...

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

Posted 07.02.2011 | Business

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

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

Posted 06.28.2011 | Business

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...

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

Posted 06.09.2011 | Business

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

U.S. Bank Given Mortgage Code Of Conduct

Reuters | Sakthi Prasad | Posted 05.25.2011 | Business

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

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 | Business

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