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The “Cash Only” signs that are ubiquitous in Colorado’s marijuana businesses, medicinal or recreational, could soon be on the way out. Attorney General…
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Spain's banking system is officially marking the end of its reliance on bailout loans from Europe — only the second eurozone country to do so. Although the banking system may be on surer footing, the overall economy — with youth unemployment pushing 60 percent — still has a long way to go.
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The Bitcoin revolution is steadily marching toward a merchant near you. At the first gas station in the U.S. to accept Bitcoins, Funyuns, energy drinks…
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The creation of America's central bank includes a bunch of bankers locked in a private library and a secret trip to a place called Jekyll Island.
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Federal regulators are cracking down on banks that are offering services called deposit advances. Many argue that the service is the same as payday loans and could lead consumers into a cycle of debt.
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Traders in JPMorgan's London offices racked up huge losses last year and then tried to cover up what happened. Now, the bank is admitting the violations and agreeing to pay nearly $1 billion to regulators in the U.S. and U.K.
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The fine is reportedly said to be at least $700 million for what authorities say were massive derivative bets made without adequate risk controls in place. The case became known as the "London Whale" owing to the size of the trades made.
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It's been five years since Lehman Brothers collapsed and touched off a banking crisis that is still being felt by the global economy. Today, the banking industry is a lot stronger than it was, but some critics say efforts to reform banking regulations have fallen short of their potential.
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The U.S. Department of Justice says it won’t stop marijuana legalization in Colorado and Washington. Thursday’s announcement means Colorado’s pot shops…
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About a quarter of uninsured people eligible for federal subsidies to help them pay for health coverage don't have bank accounts. A new rule would require insurers to accept payments made many different ways, including by money order and prepaid debit card.