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  2. Bank of America Plans to Repurchase up to $5 Billion in ...

    Bank of America Plans to Repurchase up to $5 Billion in Common Shares and Redeem Approximately $5.5 Billion in Preferred Stock CHARLOTTE, N.C.--(BUSINESS WIRE)-- Bank of America today announced ...

  3. Shadow banking system - Wikipedia

    The shadow banking system is a term for the collection of non-bank financial intermediaries that provide services similar to traditional commercial banks but outside normal banking regulations. The phrase "shadow banking" contains the pejorative connotation of back alley loan sharks. Many in the financial services industry find this phrase ...

  4. Bank of America plans big pay hike for investment bankers

    Bank of America Corp. (BAC) may take American International Group Inc.'s (AIG) position as the financial institution Americans love to hate most. Then again, with word coming that the AIG bonuses ...

  5. History of the Federal Reserve System - Wikipedia

    The 1911–12 Republican plan was proposed by Aldrich to solve the banking dilemma, a goal which was supported by the American Bankers' Association. The plan provided for one great central bank, the National Reserve Association, with a capital of at least $100 million and with 15 branches in various sections.

  6. Mobile banking - Wikipedia

    Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses software, usually called an app, provided by the financial institution for the purpose.

  7. CAMELS rating system - Wikipedia

    The CELS ratings or Camels rating is a supervisory rating system originally developed in the U.S. to classify a bank's overall condition. It is applied to every bank and credit union in the U.S. (approximately 300 institutions) and is also implemented outside the U.S. by various banking supervisory regulators.

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