Banks

Banks have been around for hundreds of years in one form or another. They function as the heart of an economy by pumping money throughout various sectors of an economy. Mortgages, auto loans, student loans, savings bonds, and stocks wouldn't be possible with a proper banking system put into place. Banks make money by charging interest on money they lend to individuals and businesses.

The United States has by far the most banks in the world, reaching over 7,500 (and 75,000 branches) in 2005. Since the advent of the Internet, online banking has become a popular choice for many people looking for a convenient way to handle their banking activities via the Internet. Most banks now offer online services for their customers.

Banks are tightly regulated by government agencies, such as the FDIC, FFIEC, OCC, and OTS – all of which monitor banking activities to ensure proper utilization of customer funds. This information is readily available across the Internet thanks to blogs dedicated to the banking industry and consumer protection.

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Latest blogosphere posts tagged “Banks”

• Lawrence Dagstine: “Christmas Time 2009…”

  
  Lawrence Dagstine: Speculative Fiction Author — Authority: 103
  For the 2009 holiday season, I decided to update my blog homepage and fill my fans and followers in on some of my gifts and achievements of the last twelve months, along with what to look out for and what will be under the x-mas tree this yuletide season (for the little one).  Regardless of the last year-and-a-half ...
  4 hours ago

• Goldman Sachs Bars Cash Bonus for Top Officers

  
  NewsHunter.org — Authority: 163
  It’s unclear if the move, which comes just ahead of new rulings by the government’s compensation czar, will placate critics of Wall Street pay.
  4 hours ago

• Goldman Sachs Bars Cash Bonus for Top Officers

  
  NYT > Theater — Authority: 905
  Lloyd C. Blankfein, chief executive of Goldman Sachs, instituted the new executive compensation system, which emphasizes pay in stock.
  5 hours ago

• High & Low Finance: Confronting High Risk and Banks

  
  NYT > Theater — Authority: 905
  The current financial crisis shows that some controversial accounting rules contributed to the problems.
  5 hours ago

• Daily Credit Summary: December 10 – Like Clockwork

  
  Bear Market Investments — Authority: 449
  Zero Hedge Spreads were tighter in the US today as the ten-day swing cycle in IG has once again reached channel tights. Overnight outperformance on a weakening dollar was stymied by a weak jobless claims number that stalled the performance in the US after a decent open. Breadth was very positive though ...
  5 hours ago

• Quote of the Day…..

  
  Straight Talk About Mortgages and Real Estate — Authority: 432
  Elizabeth Duke is on the Board of Governors for the Federal Reserve and I think she hit the nail on the head…… Fed’s Duke Outlines New Mortgage Market : HousingWire || financial news for the mortgage market “Some would argue that most of the really risky behavior is now out of the market,” Duke said . ...
  5 hours ago

• Avalon’s Money Thread: Working out our net worth.

  
  Avalon's Blog — Authority: 127
  We’ve done the budget, we’ve made some decisions, our personal Fixed Rate mortgage comes up for renewal in January, and we have decided to rejig the way we pay our mortgages.All that was left to do was to track what our Net Worth was – which given the economy was a highly daunting task to [...]
  6 hours ago

• Preview: The Lost Children

  
  Pound Pup Legacy Feed — Authority: 130
  from: CBS news "48 Hours" Investigation: Families are Torn Apart in One of the Largest Foreign Adoption Scams in U.S. History (CBS) CBS News will present, "The Lost Children," a "48 Hours" special, on Saturday, Dec. 12 at 10 p.m. ET/PT - the clmination of a two-year investigation by "48 Hours" into one of the ...
  6 hours ago

• #987 Tyra Banks 1 - Me 0

  
  Isaac Likes — Authority: 430
  Imagine the utter desperation and hateful sickness a gambler feels when hes just bet the final ten thousand of his mortgage on a hand of Blackjack and lost. The moneys all gone, hes broken his final promise to his wife, now shell leave him (with the children) and hell be cast out onto the street from whence he came. ...
  6 hours ago

• “Financial Reform, or, Rearranging Chairs on the Titanic”

  
  Fuck Bankers — Authority: 171
  By L. Randall Wray is a professor of economics and research director of the Center for Full Employment and Price Stability at the University of Missouri–Kansas City and writes for New Deal 2.0 Congress is nearing completion of its financial reform bill HR 4173 (Wall Street Reform and Consumer Protection Act of ...
  6 hours ago

• “Financial Reform, or, Rearranging Chairs on the Titanic”

  
  Gulag Blog — Authority: 171
  By L. Randall Wray is a professor of economics and research director of the Center for Full Employment and Price Stability at the University of Missouri–Kansas City and writes for New Deal 2.0 Congress is nearing completion of its financial reform bill HR 4173 (Wall Street Reform and Consumer Protection Act of ...
  6 hours ago

• “Financial Reform, or, Rearranging Chairs on the Titanic”

  
  naked capitalism — Authority: 725
  By L. Randall Wray is a professor of economics and research director of the Center for Full Employment and Price Stability at the University of Missouri–Kansas City and writes for New Deal 2.0 Congress is nearing completion of its financial reform bill HR 4173 (Wall Street Reform and Consumer Protection Act of ...
  6 hours ago

• Daily Credit Summary: December 10 - Like Clockwork

  
  zero hedge — Authority: 750
  Spreads were tighter in the US today as the ten-day swing cycle in IG has once again reached channel tights. Overnight outperformance on a weakening dollar was stymied by a weak jobless claims number that stalled the performance in the US after a decent open. Breadth was very positive though in credit as roll thoughts ...
  7 hours ago

• Letters: Labours attack on the public sector is relentless

  
  The Guardian - guardian.co.uk — Authority: 986
  Your headline ( Union warning over wages squeeze as payback begins , 10 December) rather raises the question, payback for what? New Labour has been absolutely craven to the business world – its puffed-up claims, its assumed celebrity, and, of course, its idle threats. Further, they have swallowed every hyperbolic, ...
  8 hours ago

• GOP Falsely Claims Reg Reform Bill Creates A ‘Permanent Bailout Fund’ Paid For By Taxpayers

  
  Wonk Room — Authority: 747
  Yesterday, Rep. Spencer Bachus (R-AL) appeared on C-Span and laid out his main reason for opposing H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009, which is the regulatory reform legislation that the House has begun to debate. Evidently, Bachus has a problem with the proposal to implement a ...
  8 hours ago

• Foreclosures way down, but does that equal good news?

  
  WalletPop Blog — Authority: 697
  Filed under: Banks , Home , Real Estate , Mortgages Is this what we have finally been waiting for? Really good news about foreclosures. My guess is, dont get too excited by any short term "trends"--- but, that said, the latest news from RealtyTrac just out today is encouraging. Foreclosure filings decreased ...
  9 hours ago

• House flipping makes a comeback

  
  Money employment & careers - money-employment.marc8.com — Authority: 150
  Flippers swoop in at public auctions of foreclosed homes, buying from banks eager to move the troubled properties off their books.
  9 hours ago

• After-Hours Movers 12/10: CBK, ESL, OFLX, HRLY Higher; LTRE, NSM...

  
  Business Finance & Economy - business.marc8.com — Authority: 166
  Christopher & Banks Corp. (NYSE: CBK) 16.4% HIGHER; reports preliminary Q3 EPS of $0.19-$0.21, versus the analyst estimate of ($0.05). Same store sales for the quarter fell 8.4%. Sees Q4 loss. Esterline Technologies Corp. (NYSE: ESL) 4.6% HIGHER; reports Q4 EPS of $1.18, 18 cents better than the analyst estimate ...
  9 hours ago

• #986 MORE (supplied) TYRA BANKS PHOTOS

  
  Isaac Likes — Authority: 430
  Ok this is absolutely hilarious. Ive just been sent the rest of the supplied photographs by David Farrier and theyre all completely staged pap shots! Imagine. Itd be like, Hey, Tyra! Act surprised! Ok good. Now cover your face. Perfect. Smile for the camera. Now look a little irritated. Not that irritated! Do it, do ...
  10 hours ago

• Current Prime Rate

  
  SelectCDRates.com - The Leading Industry Tool to Help You Select and Compare the Best 6 Month, 1 Year, 2 Year, and 5 Year CD Rates, Find rates by individual states, Money Market Account Rates, Savings Account Rates, Money Market Fund Rates, and Tax Exempt — Authority: 147
  The current prime rate as posted by the Wall Street Journal is at 3.25% . This is the current prime rate today.  The current prime prime rate is effective as of  December 16, 2008.  The last reported rate change by for the prime rate as reported by the Wall Street Journal was on December 16, 2008 when the prime ...
  10 hours ago

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