Banking

10:12am

Fri September 28, 2012
Business

Bank Of America To Pay $2.43 Billion In Settlement

Transcript

STEVE INSKEEP, HOST:

NPR's business news begins with more fallout from the financial crisis.

(SOUNDBITE OF MUSIC)

Read more

7:33am

Fri September 28, 2012
The Two-Way

Bank Of America To Pay $2.43 Billion To Settle Class Action Lawsuit

Bank of America's corporate center in Charlotte, N.C.
Scott Olson Getty Images

While denying it did anything wrong, Bank of America announced this morning it will pay "$2.43 billion and institute certain corporate governance policies ... to settle a class action lawsuit brought in 2009 on behalf of investors who purchased or held Bank of America securities at the time the company announced plans to acquire Merrill Lynch."

Read more

2:43am

Fri September 28, 2012
NPR Story

Business News

Originally published on Fri September 28, 2012 6:29 am

PNC Bank says its website is the latest victim of a denial of service attack. Users who tried to access the bank's websites had trouble loading the pages, or couldn't get into their accounts. But officials say the accounts were not compromised.

3:34am

Sat September 22, 2012
Europe

'Time Banks' Help Spaniards Weather Financial Crisis

Originally published on Sat September 22, 2012 8:35 am

Unemployment is rampant in Spain and full-time jobs are scarce. Here a woman works at a street stall in Madrid. Some Spaniards are signing up for "time banks," where individuals perform services based on their skills, and receive another service in return. No money changes hands. A woman is shown here working at a street stall in Madrid.
Oli Scarff Getty Images

After saving money for years, Lola Sanchez was finally able to buy a car refitted with a ramp and space for a wheelchair in the back for her teenage son, who has cerebral palsy.

A nurse used to come each day to help with her son's care. That service was cut amid government austerity measures, though Sanchez still gets a small check every month.

"What I need is physical help, even more than financial assistance," Sanchez says, "because I can't physically lift him on my own."

Read more

10:52am

Fri September 21, 2012
The Two-Way

Please Tell Us Your Password Isn't 1-2-3-4

Try 1-2-3-4 and there's a fair chance you'll get in.
Kristian Dowling Getty Images
  • From 'All Things Considered': PINs That Aren't So Secure

Be honest, now.

Is 1-2-3-4 the password to some of your supposedly secure accounts?

If so, as Nick Berry of the analysis firm Data Genetics told All Things Considered's Robert Siegel, you're definitely not alone. When it comes to bank cards, he says, "the single most common password is 1-2-3-4 and over 10 percent of all cards use that particular number."

Read more

Pages