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Bank layoffs get more ruthless in the gadget-age
LONDON - In the high-tech, gadget-addicted world of investment banking, layoffs are becoming more complex and brutal as firms try to stop...
Transparency? Ha! Big banks still hiding fees
Many big banks still aren't being upfront about their checking account fees and are even charging more for some basic functions, a new...
Transparency? Ha! Big banks still hiding fees
Many big banks still aren't being upfront about their checking account fees and are even charging more for some basic functions, a new...
Bank fees soar, free-checking offers decline
A just-released study by Bankrate.com finds that checking account fees have hit unprecedented highs. At the same time, it’s becoming...
AIG bailout earns the government another $2.7B
WASHINGTON -- The Treasury Department says it has received an additional $2.7 billion from the sale of American International Group stock...
Prepaid debit cards may not be so bad after all
Prepaid debit cards -- criticized by many consumer groups for high hidden fees -- may actually be a cheaper option for some Americans,...
Bank of America hasn't modified any mortgages so far under settlement
Bank of America Corp hasn't completed any first-mortgage modifications that reduce loan balances for borrowers so far under a $25 billion...
Banks' bad behavior may be scaring away investors
It wasn't supposed to be like this. After the worst financial crisis since the Great Depression almost took the global economy over a...
Reverse mortgages confuse elderly, report finds
More Americans are getting reverse mortgages — and that's not a good thing, according the government's consumer finance watchdog. The...
Moodys cuts ratings of big banks including BofA, Chase
Ratings agency Moody's downgraded 15 of the world's biggest banks on Thursday, lowering credit ratings by one to three notches to reflect...
Moodys cuts ratings of big banks including BofA, Chase
Ratings agency Moody's downgraded 15 of the world's biggest banks on Thursday, lowering credit ratings by one to three notches to reflect...
Big banks still at risk of losing customers, report shows
Successful businesses know how to make their customers happy. Apparently, many of the nation’s big banks still have not learned that...
Bankers tell Fed they need to pay the 'exceptional' more
In the meeting, the bankers also raised concerns that regulators, in their scrutiny of pay, are including employees whose performance...
Banks still gouging customers with confusing overdraft rules
Updated at 3:57 p.m. ET: Read any good bank disclosure forms lately? Researchers at the Pew Charitable Trusts carefully read checking...
Changing banks is an even bigger pain in the neck
You're not happy with your bank. You don't like the service. You're fed up with the fees. Will you pull your money and move to another...