Banks

About 22 million Americans who are either married or living together keep separate bank accounts. That’s according to a recent survey by the personal finance site Bankrate.com. It also found that younger couples are more likely to keep their money separate. Click the audio player above to hear the full story.

The big banks will start rolling out their first-quarter earnings reports today and expectations are high. But Wall Street will also be looking for clues to a lending mystery: why aren’t banks doing more of it?  Click the audio player above to hear the full story.

Republicans, including President Trump, have been talking about bringing back Glass-Steagall, the 1930s law requiring banks to separate their commercial and investment banking businesses. Gary Cohn, the president’s economic adviser, reportedly told senators he supports that proposal in a private meeting yesterday, according to Bloomberg. If Glass-Steagall were to be reintroduced, what would that mean […]

President Donald Trump has said he wants to roll back much of the Dodd-Frank financial reform law that Congress passed after the financial crisis. Smaller regional banks have honed in on one part of Dodd-Frank they would like to change: the rule on how big a bank has to be for it to be considered […]

Treasury secretary nominee Stephen Mnuchin hinted yesterday that he wants to simplify the Volcker Rule.

With a few banks reporting earnings Friday  — JP Morgan Chase, Wells Fargo, Bank of America — we’ll take a look at banking’s prospects. The new Trump administration and a GOP-controlled Congress have said they plan to dial back Dodd-Frank and other financial regulations. For the most part, bank stocks – and the market overall […]