[video] Banks Recovering – Forget PPIP (at TheStreet.com)

Posted on March 30, 2009 - Filed Under new finance | Leave a Comment

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Under pressure, Chase Bank to refund card fees (AP)

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New York’s attorney general has pressured Chase Bank into ending what he said was an “illegal” $10 monthly fee imposed on thousands of credit card accounts last November.

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Citigroup, ProShares UltraShort Financials: Biggest Price Gainers (C, SKF) (at The Wall Street Journal Online)

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China’s CCB says 10 percent BofA stake "reasonable" (Reuters)

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China Construction Bank , the world’s second-largest lender by market value, said on Monday it would be “reasonable” for major shareholder Bank of America to reduce its stake to 10 percent.

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US bank stocks fall after Geithner’s comments (AP)

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Bank stocks retreated Monday amid fresh concerns that financial firms will need additional capital to weather the ongoing credit crisis and recession.

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[video] US Sends Message to G20 (at TheStreet.com)

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Bank stocks fall after Geithner’s comments (AP)

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Bank stocks retreated Monday amid fresh concerns that financial firms will need additional capital to weather the ongoing credit crisis and recession.

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Bank CEOs Take Page from Madoff Playbook (at Minyanville.com)

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MTW Withdraws Guidance; Shares Drop (Zacks.com)

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[$$] Lincoln National Shares Face Pressure (at Barron’s Online)

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Credit Suisse downgraded the insurance and financial-services company.

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