The Highest-Paid CEOs in Banking
J.P. Morgan Chase's Jamie Dimon made $18.7 million last year, putting him fourth on the list of highest-paid chiefs in banking. Which CEOs made even more?
banking
Is Online Banking Right for You?
Online banking may be a growing trend, but that doesn't mean it's right for everyone. Here are the pros and cons of keeping your cash in a traditional versus online bank.
With Banks Courting Customers, You Can Try Before You Buy
In an effort to be friendlier (and lure customers) banks are giving away services like personal consultations, financial literacy classes and seminars. And that's good for us.
Bank of America Puts Human Tellers Inside ATMs
Bank of America will start rolling out a new generation of ATMs that allow customers to have a live video chat with a remote teller.
Monday Memo: This Week on the Saving Channel
A preview of what's happening this week on DailyFinance's new Saving Channel, where we bring you the best in money-saving ideas and strategies.
Banks Reopen in Cyprus for First Time in Nearly 2 Weeks
Banks in Cyprus opened their doors on Thursday for the first time in almost two weeks, with tight controls on transactions to prevent a run on deposits.
Cyprus to Impose Limits on Bank Withdrawals, Boost Security
Cyprus will impose limits on money transfers and dispatch extra security guards to prepare for Thursday's reopening of the banks, which have been shut for almost two weeks.
Chase Bank's Online Customers Stunned to See $0 Balances
Chase Bank experienced an embarrassing glitch earlier this week when online customers were either unable to access their accounts or saw their balances listed as $0.
Fewer U.S. Banks Failing as Industry Strengthens
U.S. banks are ending the year with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008. They're helping support an economy slowed by high unemployment, flat pay, sluggish manufacturing and anxious consumers.
9 Questions to Ask to See If Your Bank Is Right for You
The end of the year is a good time to give your financial life a once-over and see what changes need to be made. One item not to forget in that review: your bank. Answering these questions will help you determine whether your money is in the right place, or if it's time for a strategic withdrawal.
U.S. Bank Earnings Up 6.6%, Most in 6 Years
U.S. banks earned more from July through September than in any other quarter over the past six years. The increase is further evidence that the industry is strengthening four years after the 2008 financial crisis.
Banks Drop Fees for Hurricane Sandy Victims
With much of the northeastern United States either hunkered down for Hurricane Sandy or evacuating to higher ground, two of the nation's largest banks have given consumers breaks on fees until the storm passes.
ING Pays $619 Million to Settle Sanctions Evasion Case
Dutch bank ING Bank NV will pay $619 million to settle charges that it secretly moved billions of dollars through the U.S. financial system on behalf of Cuban and Iranian customers, in violation of U.S. sanctions.
Big Banks Could Lose $185 Billion Next Year
Big banks risk losing as much as $185 billion in the next 12 months as account holders say no to being nickeled and dimed, according to a new report
For Top Bankers, the Era of Easy Job Hopping Is Ending
The banking world works in a lot of ways like a sports league. You can be a star, but that barely matters if your team is in last place. But if you're lucky enough to be a premiere bankers, you could always go elsewhere if your team's fortunes faded. That fluidity in finance world may, however, be fading.