Banking Blog

Monday, September 26, 2011 4:13 pm
By Marcie Geffner · Bankrate.com

Three months and counting. That’s how long consumers have to complete their holiday shopping before Dec. 25, 2011. Three months might sound like plenty of time, but nearly one-third of consumers start the holiday season with no savings for the extra travel, gifts, decorations, meals and so on that they purchase during the last few

» Read more
Sunday, September 25, 2011 10:22 am
By Patrick Van Horn · Bankrate.com

Financial markets are intensely focused on the events unfolding in Greece. Markets seem concerned that once again Greece will not be able to satisfy the austerity requirements their last loan required for further loans. If they are not able to satisfy those concerns, it is possible that the European countries who are considering extending the

» Read more
Sunday, September 25, 2011 9:21 am
By David McMillin · Bankrate.com

Add another name to the list of big banks adding fees to their checking account structures in an attempt to make up for falling profits. In an announcement late last week, Citigroup unveiled plans to begin charging account holders a $10 monthly fee unless they can meet certain terms. The change goes into effect in

» Read more
Friday, September 23, 2011 2:22 pm
By Claes Bell, CFA · Bankrate.com

Ever feel like there’s no payoff for filling up a savings account at a bank these days? With interest rates on deposit accounts seemingly inching lower every week, it’s hard to get excited about the long-term benefits of regular saving. In an attempt to encourage people to do just that, credit unions in an increasing

» Read more
Friday, September 23, 2011 12:58 pm
By David McMillin · Bankrate.com

While the status of Capital One’s acquisition of ING Direct remains on hold, the smaller players in the banking industry are voicing a concern over adding another member to the too-big-to-fail, or TBTF, club. At the Federal Reserve’s hearing about the proposed acquisition earlier this week, a representative from the Independent Community Bankers of America, or

» Read more
Thursday, September 22, 2011 3:04 pm
By Claes Bell, CFA · Bankrate.com

It looks like the banks might be getting a break. One of the more controversial measures in the Dodd-Frank financial reform law is getting a bank-friendly makeover, according to a new article from Scott Patterson and Victoria McGrane at the Wall Street Journal: Banks could be allowed to continue making risky bets with their own

» Read more
Wednesday, September 21, 2011 4:12 pm
By Claes Bell, CFA · Bankrate.com

Since Dodd-Frank took effect, being a “Too Big to Fail” bank isn’t quite what it used to be, I guess. From Shannon Bond at the Financial Times: Moody’s downgraded the credit ratings of Bank of America, Citigroup and Wells Fargo, three of the biggest US banks, over concerns that the US government would be less

» Read more
Tags: Banking, banks
Tuesday, September 20, 2011 11:43 am
By Claes Bell, CFA · Bankrate.com

Sick of carrying around actual plastic debit cards from your bank? Can’t wait to join the brave new world of smartphone-based point-of-sale payments? This is your week. Google began uploading its new Google Wallet app to Sprint Nexus S phones, which run the company’s Android operating system. The app will allow Nexus S owners to

» Read more
Sunday, September 18, 2011 6:00 am
By Claes Bell, CFA · Bankrate.com

With debit card fees on the rise, it looks like checking accounts and banking relationships are going to start getting a little more attention from consumers. After all, if there’s one thing Americans hate, it’s being charged for something that used to be free. Sure, we don’t mind buying something “premium” that used to be

» Read more
Saturday, September 17, 2011 10:49 am
By David McMillin · Bankrate.com

Are banks making savings and checking accounts synonymous with Twitter and Facebook profiles? If some members of the financial industry get their way, the social media revolution may change the way you talk to your bank. “American Banker and Bank Technology News” highlighted this trend with the inclusion of Citi’s SVP of social media, Frank

» Read more
Page 81 of 100« First...102030...7980818283...90100...Last »