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U.S. appeals court upholds Fed's cap on 'swipe' fees

...court has handed a defeat to a coalition of retail groups that challenged as too high the Federal Reserve's cap on how much banks can charge businesses for handling debit card transactions.The ruling issued Friday by the U.S. Appeals Court for...

http://chronicle.augusta.com/news/business/2014-03-21/us-appeals-court-upholds-f
Building an emergency fund is necessary

...It should be in the most boring account you can find," says McNeill. That means savings accounts, even though most banks offer interest rates that are close to zero.Behnam says that if interest rates on your bank's certificate of deposits...

http://chronicle.augusta.com/news/business/2013-10-25/building-emegency-fund-nec
Will reining in regulators better control bank risk?

...vanished with the enactment of the FDIC. FURTHER REFORMS to bring pressure on banks to reduce financial risk include no more bank bailouts by government, and no more troubled Asset Relief Program loans (the Fed, however, would still be available...

http://chronicle.augusta.com/opinion/opinion-columns/2013-09-01/will-reining-reg
Healthier bank industry is helping support a still-sluggish US economy

...failures are down. In 2009, 140 banks failed. In 2010, more banks failed ? 157 ? than in any year since the savings and...6 percent on 30-year fixed-rate mortgages.? More bank mergers. Fifty-one bank mergers were announced in...

http://chronicle.augusta.com/news/business/2012-07-05/healthier-bank-industry-he
Rants & Raves

...need to find something different to do anyway. It is not about you; it is about the kids. OBAMA IS NOW CALLING for more bank regulations because JP Morgan lost some PRIVATE money on an investment. When Obama lost $500 million in TAXPAYER dollars...

http://chronicle.augusta.com/news/metro/2012-05-27/rants-and-raves
Europe worries stalk Wall Street; Dow loses 161

...confidence fell sharply across the region last month. Spaniards withdrew money from their banks, a trend that could force more banks to demand government aid.Fear also spread about the Spanish government's ability to go on without itself being bailed...

http://chronicle.augusta.com/news/business/2012-05-30/europe-worries-stalk-wall-
Dow falls 313 in second consecutive post-election sell-off

...3.9 percent.Among the 10 industry groups in the S&P 500 index, financial stocks and energy companies fell the most.Banks figure to face tougher regulation in a second Obama term than they would have under Romney. JPMorgan Chase fell 5...

http://chronicle.augusta.com/news/business/2012-11-07/dow-falls-313-second-conse
Fewer US banks failing as industry strengthens

...failures have declined. In 2009, 140 failed. In 2010, more banks failed ? 157 ? than in any year since the savings and...rates on loans other than credit cards have reduced how much banks earn."This interest-rate pressure on the banks...

http://chronicle.augusta.com/news/business/2012-12-28/fewer-us-banks-failing-ind
Ex-bank officer in Ga. pleads guilty to charges

...said at the court hearing.Jones' guilty plea comes amid increased federal scrutiny of bank fraud in Georgia, home to more bank failures during the financial crisis than any other state. Some 52 banks have failed in Georgia since 2008, and many...

http://chronicle.augusta.com/latest-news/2011-01-20/ex-bank-officer-ga-pleads-gu
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Fees over refunds to be repaid

...fees that people incurred because of insufficient-fund notices because of the withdrawal of those funds," he said.Most banks, though, seem willing to work with their customers."We're going to honor the state's request and refund the...

http://chronicle.augusta.com/news/metro/2011-01-26/fees-over-refunds-be-repaid
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