Banking

Mobile banking lets consumers easily manage their financial lives from anywhere, anytime, but plenty of people are a little wary about giving it a shot. Let DailyFinance help: Here's our primer on the mobile banking basics.

By PALLAVI GOGOI, AP Business Writer Since the credit crisis of 2008, everyone has been waiting for the banks to start lending money again. It's finally happening, but there's a catch: Businesses are afraid to spend it. Bank loans to businesses grew 10% last year after dropping 19% in 2009 and 9%...

Still banking at one of the "too big to fail" institutions? According to Bank Deals blog and DepositAccounts.com, for the best yields on checking, savings and CDs, you'd do better looking locally. For example, consider these three deals available right now.

Whether or not you think the billions invested in saving the financial industry was worth the cost, the banks were saved. And at least one of those bailouts actually turned a big profit.

The average fee for overdrafting your bank account rose again last year, but evidently, more Americans are doing a better of job managing their checking accounts, because the amount paid in overdraft fees dropped by $1.5 billion in 2011, after a $4 billion drop in 2010.

The fallout is still evolving from Greg Smith's public resignation from Goldman Sachs, a firm he called "toxic and destructive," where clients were mocked and their interests sidelined. In a DailyFinance exclusive, we have a response from another ex-employee who backs his claims -- and defends her former colleagues.

Wall Street's bad bonus year did not extend to Citigroup's c-suite. CEO Vikram Pandit, who said he'd take a salary of $1 until Citi returned to profitability, pulled in nearly $14.9 million this year, and his fellow top officers took home big raises too.