In a survey that spanned 19 countries, bankers have the trust of just 43 percent of the population. The financial crisis is evidently to blame, though we weren’t that crazy about bankers in the first place.
Entries from June 20th, 2011
Are You Among 43 Percent Who Trust Bankers?
June 20th, 2011 · No Comments · Banking
Tags: bankers·Banking·financial crisis·foreclosure·foreclosure investigations·Germany·GfK Research Institute·global recession·online banking·recession·survey·Trust·Trust Index
Capital One Buying ING Direct USA
June 17th, 2011 · No Comments · Banking
Capital One is buying the U.S. arm of the ING Group in a $9 billion cash and stock deal.
Tags: Banking·Capital One·ING·ING Direct·ING Group·online banking·savings·savings accounts
Citigroup Security Breach Raises Red Flag for Online Banking
June 16th, 2011 · No Comments · Banking
Citigroup’s security breach last month gives all cardholders reason for concern – a sobering reminder of how long overdue the banking industry is for tougher security measures.
Tags: Banking·Citigroup·Credit Cards·hackers·security breach·security token
Fed Asks for Public Comment on New Bank Rules
June 14th, 2011 · No Comments · Banking
The Credit Risk Retention rule would require banks with assets of more than $50 billion to keep 5 percent of their capital on hand – a buffer of sorts ensuring they always have money to lend in the event of financial crises.
Tags: bank rules·banks·consumerism·credit·Credit Risk Retention·Economy·Fed·Federal Reserve·lending·Loans·proposed rule
