Bank & Financial

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

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Bank Systems & Technology April 7, 2009 Maria Bruno-Britz	Banks -- and Their Core Systems -- in Survival Mode Amid an economic downturn that is only beginning to show signs of a bottom, banks are reexamining their core systems -- with a priority on phasing in capabilities to cope with new realities around risk, regulation and customer retention.
Bank Systems & Technology April 6, 2009 Orla O'Sullivan	Internet Banks Poised to Prosper Amid Crisis As consumers seek the best rates and banks look to cut costs, direct banks will enjoy a surge in deposits, and branch traffic will stagnate, TowerGroup predicts.
The Motley Fool April 8, 2009 Morgan Housel	They're All Too Big to Fail Plenty of Wall Street banks -- all of them "too big to fail" -- are still ticking time bombs when it comes to bloated derivative books.
The Motley Fool April 8, 2009 Rich Smith	This Just In: Upgrades and Downgrades Goldman Sachs removed AmEx from its "conviction sell" list, and Citigroup upgraded the shares as well.
The Motley Fool April 8, 2009 Kristin Graham	The Market's Best-Kept Secret There are many valid arguments against the use of private equity, particularly in today's changing credit markets. But the fact remains that these firms have done well in extracting value from the companies they manage.
Registered Rep. April 7, 2009 Christina Mucciolo	Big Changes to Variable Annuities Here and More on the Way Advisors who use VAs are already scrambling to get acquainted with the new products and are ramping up due diligence to greet a new era in the "living benefit" product space.
Registered Rep. April 6, 2009 John Churchill	IRS Circling, UBS Bans Travel for Some Advisors The United States' ongoing hunt for tax cheats will be putting a crimp in some clients' quarterly portfolio reviews.
Bank Systems & Technology April 6, 2009 Maria Bruno-Britz	NACHA NEWS: Fed Releases FedGlobal ACH Services for IAT The Federal Reserve Banks are offering an enhanced offering for cross-border electronic payments that will be enabled by the International ACH Transaction rule.
Registered Rep. April 6, 2009 John Churchill	Citi Smith Barney Head, Michael Corbat, Now Head of "Bad Bank" Just over six months after he was named the new leader of Citi Global Wealth Management, Michael Corbat is bouncing to another post. Today, the firm named Corbat CEO of Citi Holdings.
The Motley Fool April 6, 2009 Matt Koppenheffer	Will Bank Losses Be Worse Than the Great Depression? Analyst Mike Mayo dropkicked the banking sector with a report that said loan losses could exceed Great Depression levels.
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