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Mar 16

Watch 6:25
News Wrap: Yellen dismisses fears more banks may collapse

In our news wrap Thursday, it was another turbulent day in the financial world with news of rescues of troubled banks on both sides of the Atlantic, prosecutors in Virginia charged 10 people in the smothering death of a Black…

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Mar 15

Credit Suisse shares plunge, drag down European lenders

By Jamey Keaten, David McHugh, Associated Press

Shares in the globally connected Swiss bank Credit Suisse plunged and dragged down other major European lenders.

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Oct 09

WATCH: 2008 recession-era Fed Chair Bernanke and 2 other economists share Nobel Prize

By David Keyton, Frank Jordans, Paul Wiseman, Associated Press

Douglas W. Diamond, Philip H. Dybvig and former U.S. Federal Reserve Chair Ben Bernanke were recognized Monday for their research into the fallout from bank failures.

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Feb 27

In Russia, economic consequences of invasion begin to emerge

By Associated Press

Videos from Russia showed long lines of Russians trying to withdraw cash from ATMs, while the Russian Central Bank issued a statement calling for calm, in an effort to avoid bank runs.

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Nov 17

Biden’s nominee for bank regulator faces hostile opposition

By Ken Sweet, Associated Press

Banks are opposed because her previous criticism of the banking industry makes them fearful she will be a tough regulator for Wall Street.

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Feb 20

Column: How growing up in a bank desert can hurt your credit for the rest of your life

By Tony Cookson, The Conversation

Research shows that people who grow up in a bank desert on Native American reservations are more likely to fall behind on credit card and mortgage payments.

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Dec 28

Wells Fargo pays $575 million to settle state investigations into fake accounts

By Associated Press

The bank has been under a cloud since 2015 when it acknowledged that employees had opened millions of fake bank accounts for customers in order to meet sales goals.

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Mar 06

Watch 7:23
Sen. Heitkamp: Critics overstating case against bill loosening banking regulations

By PBS News Hour

A decade after the financial crisis spurred tough financial regulation, the Senate took a step toward rolling back some of those rules on Tuesday. Republicans were joined by more than a dozen Democrats in moving forward with a bill easing…

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Mar 05

Senate poised to ease Dodd-Frank rules for most banks

By Kevin Freking, Associated Press

Ten years after a financial crisis rocked the nation's economy, the Senate is poised to pass legislation that would roll back some of the safeguards Congress put into place to prevent a relapse.

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Nov 27

Watch 2:37
Duel over who runs the Consumer Financial Protection Bureau goes to court

By PBS News Hour

The Consumer Financial Protection Bureau opened for business on Monday with dueling appointees. Leandra English was named acting director on Friday by the bureau's outgoing chief, but within hours President Trump appointed White House budget chief Mick Mulvaney to the…

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