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If your bank closed or sold some of its branches last year, you weren’t alone. In fact, the total number of bank branches in the U.S. declined in 2011, after years during which the number of bank locations expanded.
Still, the drop in branch locations didn’t stop some banks from expanding their reach or adding more
Call it the battle of the bank brands.
A new report ranking the world’s most valuable brand names among banks has named HSBC as the holder of the top spot on a list of 500 bank brands.
The only British bank among the list’s top 10, HSBC leapfrogged Bank of America and Wells Fargo, which ranked first
Financial scammers who repeatedly victimize active-duty U.S. military personnel, veterans and their families are the target of a new database being developed by four government agencies.
The Repeat Offenders Against Military database, known as “ROAM,” will track completed enforcement actions against companies and individuals who repeatedly scam military personnel, according to the Consumer Financial Protection Bureau,
Valentine’s Day is supposed to be about romance.
But for some sad lonely hearts, the holiday turns out to be a financial scam, rather than true love.
Indeed, social media and online dating frauds are so widespread that the national Better Business Bureau included the category in its list of the Top Ten Financial Scams of 2011.
And
Anyone who still thinks big U.S. banks are hurting financially might want to take a look at the latest earnings reports from the biggest of the super bigs. Although the income wasn’t all that equal, even the smallest pie was more than $1 billion.
Here, with numbers and comments, from the banks’ press statements is a
Payday lenders are in the spotlight — and not in a good way.
The Consumer Financial Protection Bureau, or CFPB, now up and running with its new director, recently convened its first-ever field hearing to collect intel on the industry.
Held in Birmingham, Ala., the hearing coincided with the publication of a new CFPB field guide the
Consumers who remit money to people in foreign countries will soon get more information about the exchange rate and fees associated with their transactions, thanks to a new rule adopted by the federal Consumer Financial Protection Bureau, or CFPB.
According to a CFPB statement, the new rule requires companies that handle international money transfers to disclose exactly
Short of cash? Out of checks? Forgot your debit card? Maxed out your credit?
Don’t worry. If you want to buy a power drill, flat of pansies, major kitchen appliance or whatever at one of five particular Home Depot stores, you’ll be able to pay with — wait for it — PayPal.
Customers can authorizes PayPal payments
If last year’s holiday season blew a hole in your budget, January could be the ideal time for you to start saving for this year’s gifts and festivities.
One way to do that is to open a Christmas club account, according to Katherine Hutt, a spokeswoman at the national Council of Better Business Bureaus, or BBB.
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The Gen X and Gen Y generations are saving more rigorously for their retirement years than are their mature grandparents or boomer parents.
That’s according to a new survey from TD Ameritrade, a stock brokerage company in Omaha, Neb.
Eighty-five percent of those surveyed said they have an Individual Retirement Account, or IRA, 401(k) or 403(b) retirement savings
