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Sep 09, 2016
ATM and overdraft fees top $6 billion at the big 3 banks
America's three biggest banks -- JPMorgan Chase (JPM), Bank of America (BAC) and Wells Fargo (WFC) -- earned more than $6 billion just from ATM and...

Sep 08, 2016
5,300 Wells Fargo employees fired for creating over 2 million phony accounts
On Thursday, federal regulators said Wells Fargo employees secretly created millions of unauthorized bank and credit card accounts -- without their...
 

Sep 06, 2016
The Heat Isn't Off
n the first eight months of the year, the 10 biggest banks have already paid out nearly $10 billion in fines and settlements, almost matching the $10.4...
 

Two big bank executives from Great Britain were arrested in Queens for illegal trading
A big bank executive was arrested on the JFK airport in Queens this week.

Jul 15, 2016
A Bank Too Big to Jail
Have you ever wondered why the crippling 2008 financial crisis generated almost no criminal prosecutions of large banks and their top executives?
How The Federal Reserve Is Pushing Big Banks To Break Themselves Up
The Federal Reserve isn’t forcing big banks to break up. But neither is the nation’s top financial regulator making it easy to be big.
 

When Bigger Isn’t Better: Banks Retreat From Global Ambitions
Of the climate in Washington, he said, “it’s not really getting better.”
 

Mar 31, 2016
This Is Where Bad Bankers Go to Prison
Iceland is the only nation that put top finance executives behind bars after the 2008 crisis. Still, fears of crony capitalism remain.

Jan 28, 2016
Big Banks: Chop chop

Jul 09, 2015
Report: JPMorgan to pay $125M in settlements over credit card probes
JPMorgan Chase (JPM) is expected to pay at least $125 million to settle federal and state investigations over the U.S. banking giant's collections and...
Jul 09, 2015
Why It's Still Cool to Hate Banks
Americans' confidence in banks as an institution is rebounding, but still low -- to put it generously.This begs the question -- almost seven years after...

Jun 08, 2015
Three Ways Facebook May Break into Banking
Banks are far from the only industry to be shaken up by Americans’ increasingly wired existence.
 

May 27, 2015
Overdraft Fees Top $1 Billion at the Big 3 Banks
You aren't alone if you've ever been hit with an overdraft fee from your bank.
 

May 11, 2015
Wall Street Vampires
Last year the vampires of finance bought themselves a Congress. I know it’s not nice to call them that, but I have my reasons, which I’ll explain in...
 

Apr 28, 2015
State Street Shares Fall Despite A Strong Q1 Performance
State Street reported better-than-expected performance figures for the first quarter of the year on Friday, April 24, on the back of record fee-based...