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Card legislation a big win for consumers?

New legislation aims to end a lot of controversial practices that exploded in the news recently. Gone perhaps are the days of massive (percentage-wise) fees for over-drawing accounts. Gone are the... Read more...

Dividend hikes coming?

Dividend yields at big banks--the ratio of dividends to share price--have fallen to 1997 levels. According to Bloomberg, the yield for the KBW Bank Index dropped to 1.5 percent in 2009 from 7.5... Read more...

The new small business lending leaders

When it comes to small business lending, CIT ruled the roost for a long time, but its spectacular fall has changed the order. Forbes notes that the lenders' share of Small Business Administration... Read more...

Stress tests an opportunity for investment bankers?

The results of the stress tests are in, and bankers are poring over the details. The weak U.S. banks are, "eagerly looking for deal opportunities," reports the Financial Times. The overall results... Read more...

Goldman Sachs bets on carbon offsets

Goldman Sachs has been actively investing in carbon offset companies, betting that offsets will become big business soon, reports the New York Times. The company has bought a majority of the... Read more...