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Entries Tagged as 'Federal Reserve'

Fed Gives Green Light to Capital One Purchase of ING Direct

February 15th, 2012 · No Comments · Banking

It’s been months since Capital One announced its pending acquisition of ING Direct. Well, today comes news the sale is pending no more.

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Fed Chairman: Ease Credit, Rent Foreclosures to Jumpstart Housing Market

February 14th, 2012 · No Comments · Mortgages

In a speech on Friday, U.S. Federal Reserve Chairman Ben Bernanke expressed concern over the state of the U.S. housing market and, more specifically, its hindrance to economic recovery.

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Bank of America Announces $5 Monthly Fee for Debit Card Use: Trend?

September 30th, 2011 · 5 Comments · Debit Cards

This week, Bank of America announced a new $5 monthly debit card usage fee.

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Details of $1.2 Trillion Secret Fed Loans Revealed

September 29th, 2011 · No Comments · Economy

Over a period of nearly three years, the Federal Reserve doled out $1.2 trillion in relief funding to banks and other companies during the financial crisis.

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