Banking
Personal Finance Is Being Taught In Some Middle Schools. Could You Pass?
So far this year, 25 states have introduced laws that would ~finally~ make personal finance education mandatory in schools.
There Are 2 Trillion Reasons You Need To Listen To This True Crime Podcast
“There is an alternative justice system for these megacorporations, and we hope these stories shine some light on the way this works.”
The Banker Was A Spy
The Russian bank VEB has long operated in the United States — despite dozens of suspicious activity reports outlining concerns that it was a threat to national security. A FinCEN Files investigation.
Standard Chartered’s Problems With Suspicious Clients Didn’t Go Away. Just Like These Two Ex-Employees Had Been Saying.
Confidential records from the FinCEN Files show that the bank was reporting its own suspicions about customers with links to Iran until at least 2017.
Are Your Spending And Saving Habits The Same As Everyone Else's?
Tell us about your habits, goals, and budget — or lack thereof.
Goldman Sachs Interns Have Spoken. Here's What They Had To Say.
The investment bank has been modifying its programs for young employees.
A Black Jewish Banker Is Accusing Goldman Sachs Of Racial Discrimination
A Goldman Sachs employee claims "segregation is alive and well on Wall Street."
As Banks Make Huge Profits From Higher Interest Rates, Savers Earn Pennies
Banks are hiking up the rates they charge customers for loans and credit cards, but haven't kept pace raising interest rates paid on savings.
After A Big Bank Bought Simple, Things Got Complicated For Customers
Simple was supposed to be the online bank without the headaches of IRL banking. But three years after it was acquired by a stalwart of European finance, some customers say the company is no longer living up to its name.
I Was An Undocumented Immigrant And A Vice President At A Company
There is always a way to accomplish your dreams.
Smartphones Are Key To Banking In The Developing World
Only 50% of women in the developing world have a bank account. But smartphones are helping to close this economic gender gap.
It May Be Boring But The Bank Of England Cutting Interest Rates Matters
Try to stay awake, everyone.
Expedia Users Can Now Pay For Hotels Via Monthly Installments
The payment plans will be offered by Affirm, an online lender that has raised more than $400 million in funding.
Iceland's Prime Minister Resigns Amid Panama Papers Scandal
Sigmundur Davíð Gunnlaugsson was among dozens of politicians and international figures named in a massive leak of documents that detail how the world's wealthy and powerful hide their money in secret offshore accounts.
Apple And Google Are Teaming Up To Lobby For FinTech
Financial Innovation Now, a coalition of five web companies, will advocate for business-friendly regulations as technology alters the market for financial services.
Average ATM Charge Is $4.50, Bank Fees Go Up "Like The Sun Rising In The East"
Bank fees are increasing "like the sun rising in the East."
Mobile Banking Could Take Over The Developing World
A new Brookings Institution report says financial tech is helping to close the economic gender gap and connect marginalized communities that lack access to banks.
Nowhere In The World Uses Mobile Banking As Much As Africa
A new World Bank-Gallup poll shows that the countries of sub-Saharan Africa are the world's leaders in sending, spending, and saving money via phone.
This Is The Critical HSBC Story Deleted From The Daily Telegraph Website
Peter Oborne, the paper's chief political commentator, has quit the newspaper and alleges that HSBC holds sway over some of the newspaper's financial coverage. This piece, which is critical of the bank, was deleted for unknown reasons.
Americans View Banks, Real Estate Market Positively For First Time Since Recession
But they don't like them that much, either.
Goldman Sachs Junior Bankers To Make As Much As $85,000 Per Year After Pay Raise
The bank is planning to hike salaries as much as 20%, according to a New York Post report. The raise follows an earlier move mandating that junior employees get Saturdays off.
22 Truly Unglamorous Facts About Life As A Junior Banker On Wall Street
Seamless is your only true friend.
Why Our Financial System Isn't That Much Safer Five Years After The Crisis
Banking executives and regulators say that with the current compensation structure and a lack of capital backing for certain financial products, the U.S. financial system is still on shaky ground, even half a decade after the crisis of 2008. The discussion was part of the Bloomberg Markets 50 conference.
You Know You're A Finance Intern When...
Did I say "intern"? I meant Wall Street's little bitch summer analyst.
"Occupy The Sec" Releases 325-Page Comment Letter On The Volcker Rule
A bit sharper than "banks got bailed out, we got sold out!"
Obama Appoints A Leading Liberal To Watch The Banks
New York Attorney General Eric Schneiderman has been a top critic of finance industry. "This is a huge deal for the American people and the biggest victory yet for the 99%," says MoveOn's Ruben.
