BigBanks

FDIC: Bank Earnings Hit Five-Year High in 2011

A surge in earnings by the biggest banks at the end of last year made 2011 the most profitable time for the industry in five years. More earnings and fewer troubled banks suggest the industry has healed since the 2008 financial crisis.

States, Feds to Announce Mortgage Settlement

U.S. states have reached a $25 billion deal with the nation's biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst. Federal and state officials announced the deal Thursday. It is the biggest settlement involving a single industry since a 1998 multistate tobacco deal.

Beyond Card Fees: Banks Look To Sell Your Data

New and higher debit card fees may not be enough to satiate the big banks. Financial institutions looking for more revenue are now eyeing another potential source of money: Selling your debit-card transaction data to marketers. So which is worth more to you: The deals such targeted advertising will bring, or your privacy?

Why Credit Unions Are Better Choice Than Big Banks

Millions of Americans are disgusted with the big bank status quo, and many are closing out their accounts and moving their money to smaller institutions. It's a good time to do it: Credit unions are waiting with open arms, a customer-centric philosophy -- and incentives.

The Tricky Logistics of Occupying Wall Street

Three weeks after it began, Occupy Wall Street is getting its second wind, with a wave of celebrity support, and linked protests popping up in other cities. But camping out in Manhattan is getting logistically ever more complex: How long can Occupy Wall Street continue to actually occupy Wall Street?