Banks And States Extract Fees From Unemployment Benefits

When Derrick Johnson visits the ATM in his Florida town to tap his jobless benefits, he regularly pays fees to the companies that administer the state’s unemployment program. That sort of agreement has become commonplace in many states. But when Johnson uses his card, the state of Florida also takes a piece of the action. [...]

Financial Business Recap: More MF Global Scandals, Big Banks in Trouble with Bond Insurance

AMR Halted Repeatedly in Busiest Trading Day EverReuters American Airlines shares were having their busiest day in history on Tuesday after the company’s parent filed for … Article source: http://finance.yahoo.com/news/Financial-Business-Recap-More-wscheats-1462068030.html

Associated Bank announces settlement

The parent company of Associated Bank said Monday it will pay $13 million to settle a class action lawsuit that accuses the bank of manipulating checking-account overdraft fees. Associated Banc-Corp admitted no liability while providing the money in the hope of settling all claims. The lawsuit was filed last year in Wisconsin but moved to [...]

Bank cuts its growth forecasts for British economy next year

 Add your view mr king should reduce intrest rates to 0% print another 300 billion then retire on his final salery inflation linked pension job done nero eat your heart out. – DAVID, WOKING, 16/11/2011 16:49Report abuse It’s not really rocket science. The industrialised world thought it would be a great idea to stop manufacturing [...]

‘Mamma Mia!’ rolls into Warner for 3 shows

When Chloe Tucker fell to the ground in the bank parking lot weeping, onlookers likely assumed she was overdrawn. Nope. Overjoyed was more like it. Tucker had just exited the bank when the call came in. She landed the lead role of Sophie Sheridan for the national tour of “Mamma Mia!,” the blockbuster musical with [...]

Banks ordered to halt unfair overdraft charges that see account holders fined £25 for going just a few pence into the …

There are also plans to warn customers when they approach debt-zone Includes right to switch current account to new bank in seven days But scheme will not come into force until 2013 and will rely on voluntary measures By Sean Poulter Last updated at 3:24 AM on 22nd November 2011 No more nasty shocks: Banks [...]

Banking on savings

SportsLocal SportsLocker RoomNational Sports LifeWeekly FeatureBirthsWeddingsAnniversaries BusinessLocal BusinessNational Business Article source: http://www.cadillacnews.com/news_story/?story_id=1797213&year=2011&issue=20111122

Banks will end extortionate overdraft charges for going just a few pence into the red

There are also plans to warn customers when they approach debt-zone Includes right to switch current account to new bank in seven days But scheme will not come into force until 2013 and will rely on voluntary measures By Sean Poulter Last updated at 3:24 AM on 22nd November 2011 No more nasty shocks: Banks [...]

Brian J. O’Connor: Tell us your naughtiest bank stories

Brian J. O’Connor He’s making a list, checking it twice, gonna find out who’s naughty … and who’s even naughtier! No, Your Money fans, it ain’t Santa Claus — it’s me. The list I’m working on is of candidates for the 2011 Piggy Bank Awards, aka, “The Piggies.” These are my special citations of the [...]

Text alerts for overdraft threat

21 November 2011 Last updated at 09:12 ET Some banks already offer a warning service for those close to going into the red A text message alert system for those close to being overdrawn has been agreed by the UK banking industry. From April, all the major High Street banks will offer current account customers [...]

Next Page »