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Payday Lenders Face Greater Oversight
Shares of the payday lenders have performed well over the past year but ever- increasing regulatory oversight remains a concern.
10:19AM 11/20/09
Goldman's Bonus Plan Draws More Fire
Goldman Sachs may have forgotten that investors are taxpayers too, as it's reportedly now catching from flak from some large shareholders about its compensation practices.
09:43AM 11/20/09
Bank Hiring Offers Glimmer of Hope
Banks are hiring tens of thousands of workers for their mortgage and capital markets operations, a glimmer of hope in the decidedly bleak labor market.
09:52AM 11/19/09
Wells Sees $150M ARS-Related Charge
Wells Fargo reached a settlement with regulators to resolve questions about its marketing of auction rate securities, agreeing to buy back roughly $1.4 billion of the securities from eligible investors.
03:25PM 11/18/09
Goldman's Kindness Is Questionable
The firm is preparing to pay $23 billion in bonuses this year. Its small business inititative amounts to $500 million.
07:51AM 11/18/09
Bank of America Players on Hot Seat
The Bank of America-Merrill Lynch deal takes center stage on Capitol Hill Tuesday with lawmakers interrogating BofA's former top lawyer, a potential CEO candidate, and others.
08:58AM 11/17/09
Consumers in Focus Again in Coming Week
Consumer spending will again be in focus next week, as retailers like Saks, Target, Gap and Sears report in the wake of a weak consumer confidence number.
10:01AM 11/14/09
BofA Drags Feet on CEO: Shareholder
Bank of America hasn't contacted two shareholder favorites for the CEO spot, says Jonathan Finger, a large holder.
04:51PM 11/13/09
Corzine Still in Mix for BofA CEO Post
Jon Corzine, the outgoing governor of New Jersey, is not yet out of running for the CEO post at Bank of America, according to a source familiar with the search.
04:20PM 11/13/09
Bank M&A May Not Aid Small Investors
Bank M&A in the current crisis may come largely from blind pools of private investors looking to acquire failed banks.
09:02AM 11/13/09
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