banking

Maddy Savage for NPR

8:07pm Feb 11, 2019

Economy Economy

Sweden's Cashless Experiment: Is It Too Much Too Fast?

by Maddy Savage

In Sweden, few people use cash anymore. Most people pay by card, online or with digital apps, and that trend is spurring a new debate on whether going cashless is fair for everyone.

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5:56pm Feb 07, 2019

Economy Economy

Winston-Salem Reacts To BB&T's Pending Merger And Move

by Sean Bueter

Winston-Salem-based bank BB&T has announced it will merge with SunTrust Banks to create one of the largest banks in the country.

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12:15pm Jan 04, 2019

World News World News

U.S. Seeks To Extradite 3 Ex-Credit Suisse Bankers Accused Of Fraud in Mozambique

by Daniella Cheslow

The three were allegedly at the center of a scheme that loaned $2 billion to Mozambique for sham tuna fishing and naval projects.
Alex Brandon / AP

2:58pm Jun 14, 2018

Economy Economy Politics & Government

Former Banker, Now Regulator, Wants To Allow Banks To Make Payday-Style Loans

by Chris Arnold

Comptroller of the Currency Joseph Otting is a former bank executive testifying before Congress this week about reshaping some banking rules. He wants big banks to start making small-dollar loans.

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5:30am Mar 16, 2018

Economy Economy Race

Modern Redlining: How Banks Keep People Of Color From Buying Homes

by Sean Bueter

According to new reporting from the public radio program Reveal, banks are often far less likely to give people of color a mortgage loan than their white peers, even if they’re in good financial standing.

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1:50pm May 09, 2017

Economy Economy

Credit Suisse Gets $40 Million In Tax Breaks, Adds 1,200 Jobs In NC

by Emery P. Dalesio & Christina Sandidge, Associated Press

Credit Suisse is adding 1,200 jobs at its technology hub in North Carolina, which approved more than $40 million in tax breaks on Tuesday to lure the jobs away from the New York City area.
Andrew Harnik / AP

8:25pm Jan 05, 2017

National National Politics & Government

Can An SEC Nominee With Ties To Goldman Regulate Wall Street Impartially?

by Chris Arnold

Donald Trump has nominated Jay Clayton, a Wall Street lawyer, to head the Securities and Exchange Commission. Critics say it's another example of Trump packing his Cabinet with Wall Street insiders.

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Ariel Zambelich / NPR

7:26pm Oct 21, 2016

National National Economy

Workers Say Wells Fargo Unfairly Scarred Their Careers

by Chris Arnold

In the ongoing scandal engulfing Wells Fargo, the bank says it fired wrongdoers. But some workers say they were trying to blow the whistle and Wells Fargo fired them.

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Cliff Owen/AP

3:06pm Sep 29, 2016

Economy Economy

WATCH: Wells Fargo CEO John Stumpf Faces House Panel Over Fake Accounts

by Bill Chappell

Questions for Stumpf include one about his sale of $13 million in stock, which Rep. Carolyn Maloney calls "by far the largest open-market sale of Wells Fargo stock" in the CEO's tenure.
Rich Pedroncelli/AP

8:00pm Sep 28, 2016

National National Economy

California Imposes Sweeping Sanctions On Wells Fargo Amid Scandal

by Merrit Kennedy

California's state treasurer has announced he is suspending major parts of the state's business relationship with Wells Fargo because of a scandal involving unauthorized customer accounts.
4:53pm Sep 26, 2016

National National Economy

Wells Fargo's Unauthorized Accounts Likely Hurt Customers' Credit Scores

by Jim Zarroli

Regulators say millions of unapproved credit card and bank accounts were opened for Wells Fargo customers. A big question is how to compensate those whose credit scores were hurt by what the bank did.

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Saul Loeb / AFP/Getty Images

4:13pm Sep 20, 2016

National National

'You Should Resign': Watch Sen. Elizabeth Warren Grill Wells Fargo CEO John Stumpf

by Bill Chappell

"If one of your tellers took a handful of $20 bills out of the cash drawer, they'd probably be looking at criminal charges," Warren tells the bank's CEO.