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 for the quarter. During its earnings call executives were upbeat about its ability to generate strength from its loan portfolio during the economic downturn.

Banks race to repay TARP

While every bank that took money from the government through TARP would like to get the government off their backs, some actually have plans in the...