• January 22, 2013

    NEW YORK (MainStreet) — Downsizing is a hard sell. The notion that a retiree should trade in a three- and four-bedroom family-sized home for something...

  • January 18, 2013

    Every year we get predictions from Wall Street and Main Street about the upcoming year. Ultimately, predictions are just guesswork but you may be interested to see the results. MoneyTalksNews.com's Stacy Johnson reports on the accuracy of the...

  • January 18, 2013

    NEW YORK (MainStreet) — Two years into financial reform, and four years into the one of the largest economic slowdowns in U.S. history, what do Americans really think about the banks they...

  • January 16, 2013

    Bank of America Corp has named capital markets co-head Alastair Borthwick as its head of commercial banking, in a shuffling of veteran executives.

    Borthwick, a former Goldman Sachs Group Inc executive who joined the bank in 2005, replaces...

  • January 14, 2013

    Your waistline might not be the only thing that needs trimming after the holidays — many consumers are seeing red as December credit card statements roll in. The average American family spent $750 during the...

  • January 10, 2013

    The government's consumer finance watchdog said on Thursday it will force banks to use new criteria to determine whether a borrower can repay a home loan, in an effort to avert the kind of loose lending that helped push the economy into...

  • January 9, 2013

    Even with historically low bond yields furthering talk of a "bond bubble," 2013 may not be the time to abandon the Treasury market.

    Despite the recent jump in the 10-year Treasury yield to 1.90 percent from 1.70 percent after the minutes...

  • January 9, 2013

    James "Jes" Staley is leaving his job as chairman of the investment banking unit of JPMorgan Chase & Co to join a hedge fund that profited from the bank's $6.2 billion "London Whale" loss.

    The 56-year-old Staley, who was moved aside in...

  • January 8, 2013

    Ten mortgage servicers will pay $8.5 billion to settle wrongful foreclosure complaints. The settlement will end case-by-case foreclosure reviews that stemmed from the robo-signing scandal. The settlement means eligible homeowners will receive...

  • January 8, 2013

    Bankers may just have gotten another golden ticket.

    The Basel Committee on Banking Supervision, a global group of central bankers and regulators, unveiled on Sunday newly diluted plans intended to make banks capable of withstanding the...

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