Bank & Financial

Magazine articles on banks, brokerages, and credit card companies.

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Registered Rep. January 22, 2009	Thain Departs BofA--An $87,000 Rug? Say It Ain't So, John! Client AUMs Fall By 30 Percent In 2008 John Thain, former CEO of Merrill Lynch and the man who engineered the sales of the storied Wall Street firm to Bank of America in September, is leaving the combined firm immediately.
The Motley Fool January 22, 2009 Morgan Housel	Gone So Soon, John Thain? Merrill Lynch's John Thain has bowed out just weeks after selling his firm to Bank of America.
The Motley Fool January 22, 2009 Morgan Housel	Was Bank of America Forced to Buy Merrill? Two key questions that investors want to know the answers to are when those seemingly "unexpected" Merrill losses came to light, and why the deal was still consummated after they were discovered.
The Motley Fool January 22, 2009 Alex Dumortier	BB&T Is an Absolute Value BB&T is taking advantage of competitors' distress to make market share gains; the bank is outperforming its peers and is attractively priced.
The Motley Fool January 22, 2009 Morgan Housel	Bank Bosses Try to Restore Confidence After one of the worst days ever for bank stocks, shares of financial giants surged on Wednesday after the CEOs of Bank of America and JPMorgan Chase disclosed sizable insider purchases.
Bank Systems & Technology January 21, 2009 Orla O'Sullivan	News from Wincor World: Fake Smoke Detectors the Newest in ATM Fraud Fake smoke detectors and compromised lobby doors are among the newly favored ways criminals steal cardholders' information from ATMs.
Registered Rep. January 21, 2009	Dropping Client Assets And Jet Fleets Citigroup, which reported a whopping $8.29 billion fourth-quarter loss on Friday, should take a harder look at its balance sheet.
Bank Systems & Technology January 20, 2009 Maria Bruno-Britz	Banks Must Take Web 2.0 Risks Seriously As banks begin to adopt technologies such as blogs, wikis and other social networking applications, they are also starting to understand that they have a duty to monitor these seemingly freewheeling applications.
Registered Rep. January 16, 2009	Citi's Global Wealth Mgt Unit: Retail Clients Flee; Merrill Drags Down Everybody knows that Citigroup announced yesterday it was putting itself out of its misery. The failing bank had a whopping $8.29 billion fourth-quarter loss, capping off a horrific year.
The Motley Fool January 21, 2009 Matt Koppenheffer	The Banshee Is Circling Irish Banks Is the nationalization of Anglo Irish Banks the beginning or the end of bank takeovers in Ireland?
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