The Treasury is selling Citigroup shares, as the company's way of owing its TARP money, and hired Morgan Stanley to manage the shares for them — and to help the brokerage out. Marketplace's Nancy Marshall Genzer reports.
European banks underwent "stress tests," to restore trust in the European banking system during the debt crisis, but some question if the tests were rigorous enough.
Regulators in London will give a grade to more than 90 banks in Europe. But critics say the stress tests ignore a eurozone restructuring/default scenario.
Because of conflicting local, state and federal laws regarding medicinal marijuana, banks are uneasy about allowing clinics to have accounts with them.
A tax introduced in the U.K. last year to curb the size of bankers' bonuses is creating a windfall for the British government — and U.S. banks are paying the bulk of it.
TARP Congressional Oversight Panel chair Elizabeth Warren is the frontrunner for the new Consumer Financial Protection Bureau. Will tension between Warren and Treasury Secretary Tim Geithner prevent her from nomination?