Cyprus Lawmaker Reject Bailout
Cyprus lawmakers rejected an unprecedented proposal to tax bank deposits, part of a Eurozone bailout plan to rescue those banks and keep the tiny island-nation solvent. Bertha Coombs reports on the...
View ArticleJPMorgan’s Bad Year
America’s biggest bank has had a bad year: a huge trading loss, a congressional scolding and a massive settlement related to the bankruptcy of MF Financial. Kayla Tausche has the story for Nightly...
View ArticleInterview with Josh Rauh
In this interview for NBR, Josh Rauh, a professor of Finance at Stanford’s Graduate School of Business warns of a coming national pension crisis that could bankrupt many US state and local governments.
View ArticleBanking’s Precarious Position: Less Branch Customers
Thanks to mobile technology and smarter ATMs, consumers are going to bank branches less and less. That’s left the banking industry in a precarious position, Kayla Tausche reports for NBR.
View ArticleEarnings Spotlight: Bank of America
With Citigroup, Wells Fargo and JPMorgan Chase already reporting earnings, the spotlight is now on the nation’s second largest bank, Bank of America. Kayla Tausche tells NBR what analysts are looking...
View ArticleHousing Ills
Some homeowners in trouble with their mortgages may not be getting the help they need. Diana Olick reports for NBR on new accusations against two of the nation’s biggest banks for allegedly ignoring...
View ArticleAIG Engineers a Turnaround
AIG, which received nearly $200 billion from the government during the financial crisis, is still working on regaining its past glory. Mary Thompson reports for NBR on the company’s effort to engineer...
View ArticleJamie Dimon’s Victory
Jamie Dimon is still chairman and CEO of JPMorgan despite the fact that some shareholders wanted to strip him of the chairman title. Kayla Tausche reports for NBR on how the vote went down, and other...
View ArticleBank Lobbyists Drafting New Banking Rules
Three years after Dodd-Frank overhauled the regulation of the financial industry, it is lobbyists working for the nation’s biggest banks who are the ones drafting those new rules. John Harwood has the...
View ArticleEarning Interest on Your Cash
A high yield-checking account could be the answer for those not willing to take the risk that goes along with putting money in the stock market. Kayla Tausche has the details for NBR.
View ArticleBank of America Back in Court
Even though Bank of America settled investor claims stemming from the financial crisis, the bank is back in court. In this report for NBR, Kayla Tausche explains why and how the case could affect...
View ArticleLayoffs in Banking Ahead?
In this report for NBR, Kayla Tausche explains how the jobs of some bankers could be in jeopardy thanks to the rise in mortgage interest rates.
View ArticleBanks Raking in Overdraft Fees
Consumers now pay more than half of the charges on their checking accounts in the form of overdraft fees, according to a new report by the Consumer Financial Protection Bureau. In this report for NBR,...
View ArticleClik here to view.
Yet Another Bank Fee Could Be a Pain in the App
Al Falussy is on the go. A sales executive at lighting company Stan Deutsch Associates, the Long Island, N.Y., resident is a frequent user of his mobile banking app to get balance alerts, send money...
View ArticleNew Rules for Nation’s Banks
On Tuesday, the Federal Reserve approved a new set of rules requiring banks to increase the amount of capital they keep in reserve to help prevent another financial crisis. In an interview with NBR,...
View ArticleNew Rules for Banks
Federal regulators are prosing strict new rules for the nation’s biggest banks. Kayla Tausche reports for NBR on what that means for the nation’s biggest lenders, their customers and investors.
View ArticleBank Earnings
JPMorgan and Wells Fargo both delivered better-than-expected quarterly earnings on Friday. Next week, we’ll hear more from the banks. In this interview with NBR, Fred Cannon, director of the bank...
View ArticleCitigroup Earnings
Citigroup reported a 42 percent increase in profit last quarter. In this report for NBR, Kayla Tausche explains what the bank’s latest results say and why Citi matters to investors.
View ArticleBank of America Earnings
Bank of American posted a surge in profits on Thursday. But is its troubled past behind it? Kayla Tausche has the details for NBR.
View ArticleBanks Warehousing Commodities
Banks have made tens of millions of dollars by warehousing physical commodities like aluminum and cooper. Mary Thompson reports for NBR that some industry critics believe some of the firms routinely...
View Article
