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NEW YORK (LowCards.com) -- The banking news over the past days has been very unpleasant for consumers. Fees are rising at a number of major banks. Bank of America made headlines when it announced it would charge $5 per month on debit card use beginning next year, and the nation's largest bank in terms of assets was not the first bank to assess this charge. Wells Fargo and Chase are testing a mon Read More »
NEW YORK (TheStreet) -- Bank of New York Mellon was the loser among large U.S. financial names on Wednesday, with shares sliding 3% to close at $18.28. After the market close on Tuesday, New York State Attorney General Eric Scheiderman announced a $2 billion lawsuit against Bank of New York Mellon, "for defrauding clients in foreign currency exchange transactions," saying that "victims include Read More »
NEW YORK (TheStreet) -- U.S. money market funds have pulled all lending to Italian and Spanish banks and are continuing to reduce their exposure to European intitutions as uncertainty fuelled by the sovereign debt crisis rumbles on. According to a report from Fitch, the top ten money funds had reduced their overall exposure to European banks by 9% on a dollar basis from the end of June, and by 2 Read More »
The NFL Players Association has retained an investment bank that will help it decide whether the league's offer to reveal more financial information will be enough to satisfy the union's call for full disclosure. Read More »
Banks thwarted the market's rally today and may be a classic short if only for insurance protection. Read More »
Financial ETFs are among the worst performers on Friday. Read More »
Nevada Security Bank is closed by regulators, then acquired by Umpqua Bank. Read More »
Washington First International Bank fails, and its deposits are sold to East West Bank of Pasadena, Calif. Read More »
TheStreet has identified five profitable community bank stocks that are irresistible bargains after price declines this month. Read More »
House and Senate bills to overhaul the financial sector will influence certain financial exchange-traded funds. Read More »
Four bank failures Friday brought the 2010 tally to 72, far exceeding the pace in 2009. Read More »
According to money flows, investors pulled $55 billion from bank ETFs in only one week. Read More »
The SPDR KBW Regional Banking ETF and FBR Small Cap Financial offer solid exposure to this part of the banking sector that is on the mend. Read More »
The SPDR KBW Bank ETF appears to be in the crosshairs of the president's plans. Read More »
President Barack Obama said today that if the banks can afford billions more in bonuses, they can pay back the taxpayers, too. Read More »
California didn't record the most number of bank failures, but they cost more than any other state's. Read More »
State Street's stock is cheaper than those of other banks, but its business is more stable. Read More »
Investors lauded Bank of America and Citigroup's plans to raise capital, boosting funds that own bank stocks. Read More »

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