Better checking: No fee, no minimum, 4% interest

Let’s be honest, the interest rate on most interest-bearing checking accounts these days is a joke. The average rate is a measly 0.05...

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Swiss bank to lay off 10,000 in restructuring

Swiss bank UBS unveiled plans on Tuesday to fire 10,000 staff and wind down its fixed income business, returning to its private banking...

Checking fees still hidden deep in bank statements

It’s been about a year since major banks came under fire for plans to add standard debit card fees. Researchers say that although...

Standard Charter begins defense of Iran accusations

NEW YORK/LONDON -- Standard Chartered won some help from Britain's central bank governor on Wednesday in its defense against a U.S....

Regulators irate at N.Y. action against Standard Chartered

 The Treasury Department and Federal Reserve were blindsided and angered by New York's banking regulator's decision to launch an...

UK 'rogue' bank faces off with angry N.Y. regulator

For Standard Chartered Bank, the loss of its New York banking license could be the least of its worries. If a New York bank regulator can...

Banks pulling out of rate-setting panels in wake of Libor scandal

SINGAPORE/HONG KONG -- Banks are pulling out of panels that set interest rates in places like Singapore and Hong Kong, as they grow...

Trader sues JPMorgan over contract typo promising him $3 million salary

How much is a decimal point worth? Trader Kai Herbert plans to find out. Herbert brought suit against JPMorgan Chase & Co. in Britain's...

Banker associated with 'Millionaire Madam' put on leave

A Morgan Stanley spokesman said that a banker associated with the so-called "Millionaire Madam" was placed on leave, according to ABC...