Latest news
Commerce Bank of Southwest Florida Fails, Becomes 123 Bank to Close in 2009
The FDIC announced this afternoon that Commerce Bank of Southwest Florida, based in Fort Myers, failed today, becoming the 12th bank to fail in Florida this year, and the 123rd bank to fail in the US in 2009.
Savers Left With Fewer Options as Hudson City Savings Lowers Top CD Rates
Senior Federal Reserve official James Bullard said Thursday that he was "hopeful" of the country's potential for strong economic growth as the year closes out.
Wells Fargo Settles $1.4 Billion Lawsuit Regarding Auction-Rate Securities
Wells Fargo agreed to pay $1.4 billion to investors to settle a lawsuit by California Attorney General Jerry Brown that claims that the bank lied about the strength of its auction-rate securities.
‘Too Big To Fail’ Firms May Be Broken Down To Smaller Size
A proposal by Rep. Paul E. Kanjorski (D-PA) was voted for 38 to 29 in legislation on Wednesday. It would allow regulators to break up big companies deemed ‘Too Big to Fail’ before their failure becomes imminent.
TD Bank In the Holiday Spirit With Million Dollar Givaway
TD Bank wants to say thank you to its customers; one million thank yous, actually. From November 9th until December 4th, each of the more than 1000 TD Bank branches from Maine to Florida are giving away $250 dollars
Visa Mobile Banking App for Android Now Available For U.S. Bank Customers
US Bank and Visa announced yesterday that the new Visa Mobile app for phones carrying the Google Android mobile operating system.
Credit Card Problems Rise and Fall: Defaults Down But Delinquencies Increase
The credit card industry remains to be one of the hardest hit sectors as unemployment rates continue to rise with no respite seen in the near future.
Chase Recruits Facebook Users to Help Give Away $5M in Charity Funds
Chase has $5 million to give away to charities and who does the bank tap to help decide which local charities get a share of the pie? Facebook users, that's who.
Discover Card Launches New iPhone App
On November 17th, Discover Mobile, the mobile division of Discover Financial Services, released their first iPhone / iPod Touch application.
Getting Through the Holidays Without Going Broke
The holiday season creeps up faster every year, and this year is no exception. With many American’s out of a job, in a low paying job, and/or with tremendous amounts of debt, the stress of providing gifts for friends and family can be overwhelming.
Merrill Lynch, Morgan Stanley Battle Independent Brokerages For Wealthy Investors
U.S. Bank Acquires FBOP Corporation’s 9 Failed Banking Subsidiaries
Assessing the Impact of the FDIC’s Temporary Liquidity Guarantee Program
FDIC Chairman Shelia Bair on The State of American Banking – Summary and Analysis
Citibank Credit Card Interest Skyrockets In Anticipation of Federal Regulation
Commerce Bank of Southwest Florida Fails, Becomes 123 Bank to Close in 2009
ING Direct Black Friday Special: Save ‘Til You Drop
Savers Left With Fewer Options as Hudson City Savings Lowers Top CD Rates
Wells Fargo Settles $1.4 Billion Lawsuit Regarding Auction-Rate Securities
‘Too Big To Fail’ Firms May Be Broken Down To Smaller Size
