bad banks

Americans aren't thrilled with the way the nation's biggest banks have been piling on the fees lately, and it seems they're looking for an alternative. According to new research from the National Foundation for Credit Counseling, 51% of respondents to a recent online poll said they would shop for...

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...

When the economy was booming and banks were flourishing, regulators appear to have been asleep at the switch. Unfortunately for U.S. taxpayers, that means that the losses to the FDIC insurance fund are greater. Now, a few years later, with the fund rapidly running out of money, the percentage of...

It could be a very interesting day for banks, as the U.S. Treasury's process to provide a "comprehensive analysis of the assets on the books of 19 of the largest U.S. banks" comes under scrutiny. The details of this process are expected to be released today, and may "aggravate speculation about...