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 See also S&P's release "Lehman Brothers Sterling Liquidity 'Am' Fund Rating Affirmed Then Withdrawn; Removed From CreditWatch Developing", which says, "The removal from CreditWatch and affirmation follows confirmation today from the Fund's investment manager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

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