The New York Times writes "Bank Fees Rise as Lenders Try to Offset Losses", which discusses how banks are "keeping most fees at record highs, and are eking out slight increases on others like overdraft charges -- a step they rarely took during past recessions." The article says, "The nation's biggest banks -- those that received the biggest bailouts from taxpayers, and are once again gaining strength -- charge fees that are on average at least 20 percent higher than those at smaller lenders, according to Moebs Services, a economic research firm used by banks and federal regulators. Some of the charges are getting more creative. Several big banks -- including JPMorgan Chase, US Bancorp and Wells Fargo -- recently began billing some small-business customers for federal deposit insurance increases." See also S&P's release "Lehman Brothers Sterling Liquidity 'Am' Fund Rating Affirmed Then Withdrawn; Removed From CreditWatch Developing", which says, "The removal from CreditWatch and affirmation follows confirmation today from the Fund's investment manager Lehman Brothers Asset Management (Europe) Ltd. that the residual 3% of the fund, equivalent to L700,000, has been paid to shareholders. This follows the maturity and subsequent settlement of the final security held in the name of the fund, namely a structured investment vehicle (SIV) issued by Dorada Corp."

Email This Article




Use a comma or a semicolon to separate

captcha image

Daily Link Archive

2025 2024 2023
January December December
November November
October October
September September
August August
July July
June June
May May
April April
March March
February February
January January
2022 2021 2020
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2019 2018 2017
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2016 2015 2014
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2013 2012 2011
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2010 2009 2008
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2007 2006
December December
November November
October October
September September
August
July
June
May
April
March
February
January