banking industry

Banks Are Refusing To Deal With Legal Medical Marijuana Dispensa...

Digg - Business & Finance  Tue, 09/20/2011 - 15:01

Even as protesters decrying how out of touch bankers are with everyday Americans are occupying Wall Street, home of America's banking industry, many financial institutions in states where medical marijuana is legal are refusing to do business with cannabis dispensaries.


 

Debit Card Fees Prompt a Push Near Deadline

NYT > Business  Mon, 03/07/2011 - 22:10

The Federal Reserve is scheduled to write rules for debit card fees in April, and lobbyists for merchants and the banking industry are determined to sway the outcome.


 

World Panel Backs Rules to Avert Banking Crises

NYT > Business  Sun, 09/12/2010 - 12:50

Top central bankers and regulators agreed on new rules for the global banking industry that are designed to avert future financial disasters, but could also dampen bank profits.


 

Whalen Says Basel Rules Source of `Distraction' to Banks: Video

Topix - Business News  Fri, 09/10/2010 - 15:02

Sept. 10 -- Christopher Whalen, managing director of Institutional Risk Analytics, discusses the meeting of the Basel Committee on Banking Supervision's main governing body in Basel, Switzerland, this weekend and potential implications for the banking industry.


 

How Banks Prey On Their Customers

Digg - Business & Finance  Fri, 07/30/2010 - 11:10

The banking industry, long accused of consumer abuse, now finds itself in the cross-hairs of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Signed into law by President Obama on July 21, the Act takes aim at a number of long-standing bank practices that many deem harmful to consumers.


 

The Banks' Contribution To The Economy Has Been Overstated

Digg - Business & Finance  Mon, 07/19/2010 - 09:10

Analysing the recent performance of the banking industry, Mr Haldane, the executive director for financial stability at the Bank of England, concludes that it has been as much mirage as miracle.


 

Shutting The Doors: A Decade of Bank Failures

Digg - Business & Finance  Wed, 06/16/2010 - 09:20

It’s no secret that the last few years have been brutal for the banking industry. But nothing paints a better picture of the industry’s carnage than our latest infographic on bank closures over the past 10 years


 

Bankers party like it's still 2006 - with your money

Digg - Business & Finance  Sat, 10/24/2009 - 21:00

The American Bankers Association, a trade group and powerful lobbying organization representing the banking industry, is having a conference this weekend.

Because so many of its members received bailout money, it's fair to say that U.S. taxpayers are paying for this party.


 

Prepaid, but Not Prepared for Debit Card Fees

NYT > Business  Mon, 10/05/2009 - 21:53

Prepaid debit cards are among the consumer banking industry’s fastest-growing products, but often their convenience comes with fees hidden in the fine print.


 

Fed's steps to aid banking system raise risks

MSNBC.com: Business  Tue, 09/15/2009 - 13:49

The Federal Reserve's bold steps to prevent the banking industry from collapsing last year have injected new dangers into the financial system.