Topic: Bert Ely

Loathed Banks Still Attract Deposits

The hatred of banks and Wall Street seems to have reached some crucial tipping point, with protests spreading across the world and even President...
A pair of North Carolina financial co-ops serving farmers are asking customers whether they'd like to cut their interest rates on loan repayments.. While many banks are struggling and have pulled back on lending, AgCarolina Financial and Carolina Farm Credit have ...
Consumers who pay attention can find ways to avoid fees their banks add to checking accountsA seemingly simple rule on debit card overdraft fees is making banking more complicated for millions of consumers.Starting July 1, banks must get permission from customers ...
Good to be big: Large banks could see big profits in first quarter as credit losses easeBeing big could pay off for battered banks this earnings season.Five of the biggest U.S. banks, including struggling Bank of America Corp., are expected ...

Banks, experts eye possible ways around Obama fee

NEW YORK (Reuters) - No sooner does Washington propose a new tax than an army of experts tries to figure out ways to avoid it.That is already the case with U.S. President Barack Obama's proposed fee on banks, designed to ...
Bank of America reshuffles management team, announces plans for new chief financial officerBank of America Corp. is shuffling its senior management team, moving its chief financial officer over to lead consumer and small business banking and naming a new chief risk officer ...

MORTGAGE CRISIS

The article reports on the impact of the continuing downfall of mortgage in the U.S. According to the prediction of banking consultant Bert Ely, the mortgage crisis in the country will have undoubtedly affect the public and their business enterprises in ...
With stress tests behind it, banking industry headed for more acquisitions, failuresThe U.S. government says it won't let any of its 19 largest banks fail. If the government applied its stress test to the roughly 8,300 other U.S ...
Bank of America says it's selling 3 corporate jets and a Merrill helicopter to save costsBank of America Corp. said Wednesday it is selling nearly half of its corporate aircraft as the bank looks to scale back costs.The Charlotte-based bank ...
The talking heads and politicians seem intent on making bank lending or the lack thereof the central point of any bank bailout bill. Lost in too many discussions of the financial sector is that banks and other depository institutions account for only ...