financial institutions

Administered and funded by the Wachovia/Wells Fargo and MacArthur foundations, the awards recognize top-performing community development financial institutions for lending programs that directly benefit low- and moderate-income communities....

The grants were awarded through the foundation's new two-year Native American Social Entrepreneurship Initiative, which aims to bolster Native financial institutions that work to create new reservation-based businesses and jobs....

The majority of the funding, $20 million, will be used to provide loans to small businesses in the region, which will be administered by community development financial institutions....

The perception that a $700 billion bailout aided financial institutions more than consumers could make it harder to do something similar in another crisis, a government watchdog group said Thursday.

The financial crisis that destroyed some of the world's biggest banks and sent others to the brink of failure have changed Americans' idea of lending and borrowing.

While most still seem to have no problems storing their money at banks small and large, a few trends indicate that everyone from consumers to some of the world's largest companies are straying away from large financial institutions as sources of funding.

Financial institutions are making it easier to set up a savings account for each of your savings goals.

There's growing concern that the world's central banks are flooding financial institutions with too much cash, setting the stage for another asset-bubble burst.

Do banks just need to put on the brakes? Bob Moon reports.

Community Development Financial Institutions Vie for $8.25 Million Wachovia NEXT Awards for Opportunity Finance
Funded by the Wachovia and the John D. and Catherine T.

MacArthur foundations, the awards recognize excellence among financial institutions that responsibly serve low-income and low-wealth people and communities....

Yes, the federal government does a lot of stupid things. And yes, it's easy to see why Wall Street firms are bailing out of the Troubled Asset Relief Program: to avoid having to deal with the government's ever-changing rules and with publicity-hungry congressmen.

(Is there any other kind?) But that doesn't excuse the way that Wall Street is engaged in selective memory now that the government has shelled out trillions of taxpayer dollars to keep the Street alive.

Since it is chillingly clear that U.S. financial institutions have for a good while been regulated no more stringently than, say, demolition derby drivers, Washington has belatedly locked the garage door and begun to debate strict new rules.

The blueprint at hand is President Obama's sweeping proposal in mid-June to revamp the responsibilities of government agencies and impose new regulations on the financial establishment.

Nothing about this plan will fall easily into place: Too many government agencies will dig in their heels.