TooBigToFail
Why All of Us May Have to Pay for B of A's $5 Debit Card Fee
11:30AM 10/05/2011
Goldman Sachs , Bank of America, Citigroup, Wells Fargo & Co, Banking
Last week, Bank of America ignited a firestorm of controversy by choosing to charge its customers $5 a month to use their debit cards. Now, an angry consumer group has called for a federal investigation. Is this overkill or a smart response to what could be a budding disaster for the bank -- and taxpayers?
At Last, Citigroup Starts to Pull Through
11:30AM 7/15/2011
Company News, Investing, Earnings, JP Morgan Chase, Goldman Sachs , Citigroup, Stocks in the News, Investment, Banking
It took a while -- three years, really -- but Citigroup, by far the weakest of the big banks coming out of the recession, is starting to pull through. After this morning's second-quarter earnings report of $3.3 billion, or $1.09 per share, investors have several things to rejoice over.
Should we break up big banks?
5:00PM 12/05/2009
Ever since the news got out that the U.K. plans to force some of its large, bailout-receiving banks to sell off some operations and become smaller, there's been plenty of speculation on this side of the pond that we might do the same thing.
Richard Fisher, president of the Dallas Federal Reserve...
The chain grocery store where my wife and I shop has a bank in it. There's the frozen food section, the bakery section, the pharmacy and ... the bank. It's not even a particularly large grocery store, but there it is. A bank. With a vault, a sit-down area and everything.
I'm not sure how common...
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Market Movers
| Symbol | Last | Change / % | Volume |
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Most Actives
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| 2.19 | +0.25 +12.89% | 122.18M | |
| 18.88 | -0.26 -1.33% | 109.55M | |
| 12.44 | -0.25 -1.97% | 52.49M |
% Gainers
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| 89.96 | +13.57 +17.76% | 13.27M | |
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| 10.50 | +1.10 +11.70% | 3.07M |
% Losers
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