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Banks & Banking
Busting up the big banks is the solution to 'Too Big To Fail'
The big banks that played such a key role in the Great Recession are a hazard to the health of our country and need to busted up into smaller, regional entities. We in the country are in the midst of a multiyear recovery from a 'Made in America' financial mess ...
Chase now facing criminal probe
As anger mounts against JPMorgan Chase, now comes word that there's a criminal investigation into $2 billion of speculative gambling losses because company traders tried to hedge their bets against the marketplace. At a recent Chase shareholder meeting, people were practically throwing pies at pictures of chief executive Jamie Dimon. ...
Online savings accounts that pay better interest
Earning money on your savings might be getting a little easier soon. The Federal Reserve is trying to re-inflate the economy by keeping interest rates low for borrowers, but as a result, savers are getting punished. This is holding back a lot of money that would normally flow into private ...
ING Direct now accepting deposits through smartphones
One of the nation's largest online banks is now accepting check deposits through your smartphone, giving you on more reason to kick the traditional big banks out of your life. I love to talk about all kind of ways that you can save money by avoiding the giant monster mega-banks. ...
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A better deal on banking with Discover?
If you're looking for a better deal on banking, Discover is expanding its presence in the market - and they could save you some dough.
Where should you stash your cash?
MONEY-MAKING MOMENT: Remember when people used to hide money under the mattress? That trend is back with a twist. According to a report I read, more than a quarter of Americans put their cash in the freezer! Other popular options for stashing cash at home include the cookie jar and ...
Bank of America bombs on banking satisfaction survey
The 2012 U.S. Retail Banking Satisfaction Study reveals that the size of your bank probably has a lot to do with how happy you are to do business with them. J.D. Power took a look at banks and rated them by region, based on the input from nearly 48,000 respondents ...
Is mobile banking safer than going to your local branch?
A new Federal Reserve survey finds one in five Americans use mobile phone for banking. My phone runs four apps from the discount broker I use, the mutual fund company I use and a couple from the two credit unions I use. I do it without fear. But that makes ...
Credit companies resume offers to those with damaged credit
The spigot has really opened back up on credit lending. Folks who have great credit have seen the credit card offers pour in lately. And these offers are getting more and more generous, chock-full of bonuses, special rates and rewards. If your credit is really good (around 740 or above), ...
Discover wants to be an online banking giant
There's a new sheriff in town offering great deals on banking from a very unlikely source. If you're familiar with online banking, you've probably heard of ING Direct, a bank that came out of nowhere to be one of the largest in America by doing everything online and being branchless. ...
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