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Tag:
banking
Business Finance
Citigroup’s top executives abruptly resign for unknown reasons
In a shocking, confusing move, the top two executives at Citigroup, one of the largest financial institutions in the nation, have jumped ship without public statements as to why.
Business Finance
Experimental bonus structure based on employees’ good deeds
Financial services provider, Barclays, is putting a unique spin on corporate social responsibility and will be experimenting with structuring bonuses based on the behavior of employees.
Business News
City may pull accounts from Wells Fargo for foreclosure abuses
Foreclosure abuses
In light of increasing reports of foreclosure abuses, the city government of Berkeley, California is considering pulling their $350 million out of all...
Economic News
Economic history repeating itself – today vs. Black Tuesday in 1929
Repeating economic history
"History repeats itself, first as tragedy, second as farce," said Karl Marx. "It is not worthwhile to try to keep history from...
Housing News
New York group performs exorcism on Chase bank, the “evil empire”
A New York Communities for Change study points to failed HAMP results and claims JP Morgan Chase has refused to modify loans responsibly. "Affordable,...
Housing News
Obama and Bankers Meet Today, Bankers Give Good Lip Service
Meeting at the White House
After a 60 Minutes interview with President Obama in which he referred to bankers as "fat cats" that he would...
Housing News
Six Banks Fall in Just One Day as FDIC Seizes 130th Bank of 2009
Rough year for banks
We all know it's been a tough year for the economy and the falling dominoes of banks is just one of...