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Bank Savings Review

Bank Savings Review

http://banksavingsreview.com

What real people think about bank and saving options.

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  • Banks Trims Emergency Borrowing from the Fed

    Posted on Thursday August 27th, 2009 at 18:45 in bank news

    Here’s some good news. The banking sector has decreased its borrowing from the emergency fed fund window for the third straight week. On the week ended August 19, it sat at $30.7 billion. Now, it’s $30 billion. As you recall, this windo...

  • Is the Recession Over

    Posted on Friday July 31st, 2009 at 13:17 in bank news

    It seems like so long ago when we started this recession that proved to be deeper than anything most of us have seen in our lifetime. The biggest insurers were in trouble. One of the biggest investment banks in the world were left to go bankrupt an...

  • Citi Exec Wants Tax Payers to Pay Him $100M

    Posted on Saturday July 25th, 2009 at 14:20 in citigroup, bank news

    Andrew J. Hall, the leader of Citigroup’s Phibro energy trading unit is going to push the administration’s limits on pay package tolerance. The original agreement for this top executive is a hefty $100 million compensation package that i...

  • Wells Fargo Saved by Wachovia

    Posted on Wednesday July 22nd, 2009 at 11:39 in wells fargo, bank news

    And we all thought Wachovia is killing Wells Fargo. In the last quarter, Wells Fargo would’ve been trashed if it wasn’t for Wachovia’s side of revenue and earnings to help offset credit losses. Year over year, Wells Fargo quarterly...

  • Goldman Sachs Reports Record Profits… What’s New?

    Posted on Tuesday July 14th, 2009 at 12:55 in bank news

    Goldman Sachs earned $2.7 billion, or $4.93 a share in the quarter just reported. Woah. This easily blows by analyst estimates of $3.49 a share, but what’s new? Goldman always have record profits no matter what you do. The funny thing is tha...

  • Citigroup Changes Management Again

    Posted on Thursday July 9th, 2009 at 13:16 in bank news

    Citigroup’s management is changing, again. Citigroup said today that its former CFO and current chairman, Gary Crittenden, is leaving the company. With the bank being the mostly bruised bank out of the credit crisis, it’s funny that it&#...

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