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Bank CEOs have taken a huge public relations hit for their role in advancing the economic collapse of 2008-2009. Now their overstuffed wallets are taking a hit, too. Read more»
3 Big Banks Top 'Hated' List
By: Brian O'Connell
The American Customer Service Index has been updated  – and three major banks made the list of the most hated businesses in the U.S.  Who are they and how do banks match up with other customer-service challenged industries? Read more»
Deals of the Week: Sept. 1
By: Brian O'Connell
There is another strain of good news for the economy, one that adds another potential ingredient for a more a stable financial picture, and that could contribute to better bank rates if it proves sustainable. Read more»
It’s complicated, but the Federal Reserve’s decision to keep interest rates low and buy long term Treasuries, using profits from its mortgage buying spree, could hurt bank rate yields in the end. Read more»
Customers love banking online, but not paying bills on the Web. Banks have been ultra-aggressive in pushing customers toward electronic banking, urging them to pay their bills online. But if the numbers reflect anything, it’s that there’s more work to do before consumers feel comfortable about paying bills online — at least via their banks. Read more»
Buried in the 2,000 pages of legal lingo and bureaucratic blather in the financial reform bill is a new model for overseeing private student loans in the U.S. Read more»
Free Checking: Not Dead Yet
By: Brian O'Connell
There has been plenty of discussion — even angst — in the consumer banking market over the apparent demise of the venerable free checking account. Study after study touted the evidence that free checking was at death’s doorstep. But fresh evidence suggests that the financial media may have been a bit early on writing that obituary. Read more»
8 Ways to Fight Bank Fees
By: Brian O'Connell
Thanks to new rules regulating what banks can and cannot charge customers, financial institutions have to come up with new ways to separate consumers from their money. Call it a financial form of "Whack a Mole," where after one fee is regulated out of commission, another one pops right up. Read more»
Deals of the Week: July 28
By: Brian O'Connell
Finding good bank deals these days isn’t a luxury — it’s a necessity. Consumers certainly feel this way. A new study by StrategyOne shows that 65% of Americans fear a “double-dip” recession, and 64% of those surveyed say they see either few signs or no signs of an economic recovery here in the U.S. Read more»
Investors have plenty of things to worry about these days, but corporate earnings aren’t one of them. Among the Standard & Poor’s 500 companies that have reported second-quarter earnings, nearly 80% have made more than analysts had forecast, with average earnings up more than 40%, according to Reuters. Read more»
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