Banks paying you for your business? Not really

July 31st, 2014

Rome wasnt built in a day!

Banks are not in the business of giving away money, yet many offer to do just that if you open an account with them. While it may seem like a good deal, it could wind up costing you more than you get. Banks offer these bonuses to bring in customers, often …

China’s Banks Pose World’s Largest Systemic Risk

July 31st, 2014

more to read in our archives

The cost of propping up China’s banks in the event of a financial crisis have nearly quadrupled in the past three years to $526.2 billion, the largest of any banking system, according to the latest analysis by the Volatility Laboratory at New York …

Banks: Investing Essentials

July 31st, 2014

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There are few industries with as lustrous of a history as banking. With roots tracing back to the American Revolution, U.S. banks have provided the credit that’s fueled the nation’s ascent from a fledging colony of the British Empire to the independent …

Big Banks Shift to Lower Gear

July 31st, 2014

this is so true

For today’s Outside the Box, good friend Gary Shilling has sent along a very interesting analysis of the big banks. Gary knows a lot about what went down with the big banks during and after the Great Recession, and he tells the story well. After the …

Elizabeth Banks Speaks Out Against Attaching Shame To Sex

July 31st, 2014

so interesting

Elizabeth Banks wants to remove the stigma surrounding female sexuality. In a recent interview with New You magazine, the 40-year-old voiced her concerns over today’s problematic sexual culture: “It’s a huge disservice to young people to put shame into …

Argentina Banks Preparing Bid to Help Argentina Avoid Default

July 31st, 2014

this is bogus, who would think

Elliott Management Corp., one of the leaders of the holdouts, couldn’t immediately be reached for comment. The bankers association’s plan, which hasn’t been completely hashed out among the banks, would entail buying the legal claim and paying off the …

Elizabeth Banks to Produce Comedy Series for Paramount Digital

July 31st, 2014

oh i can’t beleive it

Elizabeth Banks will produce “Resident Advisors,” a comedy series for Paramount Digital starring “Veronica Mars” actor Ryan Hansen and “Hangover” actress Jamie Chung, the studio said Wednesday. Banks, who will make her directorial debut with …

Payments Puzzle Persists at Banks

July 31st, 2014

it should be interested what change will this make

Banks disclose these practices, but the explanations are typically contained in lengthy documents that a customer receives upon opening an account. The policies can often be found online as well. The matter of overdraft fees has come under increasing …

Eurozone Banks More Open to Lending, Survey Shows

July 31st, 2014

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FRANKFURT — Banks in the eurozone are more willing to lend to businesses for the first time in seven years, a survey by the European Central Bank showed on Wednesday, raising hopes that one essential component of economic growth could be starting to recover.

Banks Cash In on Inversion Deals Intended to Elude Taxes

July 31st, 2014

more to read in our archives

Jamie Dimon, the chief executive of JPMorgan Chase, recently said, “I love America.” Lloyd Blankfein, the chief executive of Goldman Sachs, wrote an opinion article saying, “Investing in America still produces the best return.” Yet guess who’s …