banking

The nation's banks are behaving like the airlines these days: As soon as one implements a new policy or program, others pile on. In this case, a mere week after Chase took the ax to its debit rewards program, news comes that Wells Fargo (along with Wachovia, which it acquired a few years ago) is...

It's been well-documented that banks are hiking fees for users -- and blaming government regulations for "making" them do it -- for the past several months. But the news that Chase launched a pilot program that charges non-Chase customers a $5 ATM fee to use Chase machines in Illinois has even...

Although many of us get our paychecks direct-deposited into our bank accounts and pay for many daily expenses with the swipe of a debit or credit card, there's one aspect where commercial activity is several decades behind: person-to-person transactions. So if you ask a colleague to grab you lunch...

Quick Guide Quick Guide Quick Guide We've written about Capital One's Venture card before because it offers attractive rewards for frequent travelers. If you've been considering applying for one of these cards, now's the time: Capital One is rolling out a new promotion in which it...

Credit unions, which as a group weathered the financial crisis better than banks, have been expanding their range of products and offerings recently. Today, credit unions offer much more than just ordinary deposit accounts and loans. A growing number are rolling out student and small business...

Many readers -- as well as a number of financial experts -- have suggested joining a credit union as an alternative to consumers concerned about the rising fees and diminished perks at many big banks. For instance, 38 of the 50 largest credit unions in the country still offer free checking. It's...

HSBC got plenty of attention when it disclosed that it had suspended foreclosures in its annual report Monday. But its not the only bank whose annual report made for interesting reading. The risk disclosures in banks' annual reports shed some light on their attitudes toward the mortgage mess.

Banks' paperwork problems aren't over: In its annual report, HSBC Holdings said it has suspended foreclosures in the U.S. after a government review found documentation problems.

The number of federally insured banks at risk of failing rose to 884 -- nearly 12% -- in the last quarter of 2010, reaching the highest level in 18 years.

Bank of America is now assessing fees to checking account holders who receive images of their canceled checks in the mail along with their statements. Bank of America spokesman Don Vecchiarello says inserts were included with customers' statements back in September alerting them that the change...