Bernanke Says Fed's 'Stress Tests' Show Much Healthier Banks
The Federal Reserve's annual "stress tests" of U.S. banks show an industry that has grown much healthier since the financial crisis, Chairman Ben Bernanke said Monday night.
bbt
Overdraft Fees Remain High Despite Fed Rules
A year after the Federal Reserve enacted new rules to rein in abusive bank overdraft practices, fees remain high and some institutions actually have slapped on additional penalties, according to a new survey by the Consumer Federation of America.
Would Rating Downgrades Clip Bank Profits?
Moody's is reviewing 10 large regional banks for possible downgrades because it thinks financial reform means total government support is now less likely. That's setting off a debate about whether those banks will actually take a hit to profitability.
Record Revenues, Fee Income Boosts U.S. Bancorp
U.S. Bancorp reported fourth quarter profits 82% better than last year powered by record revenue growth of $4.4 billion. During the earnings call executives were upbeat about its ability to generate strength from the bank's loan portfolio during the economic downturn.
.jpg)
