banking http://wlrn.org en Wynwood Now Banking -- In Style http://wlrn.org/post/wynwood-now-banking-style <p><span style="line-height: 1.5;">&nbsp;</span><span style="line-height: 1.5;">A bank probably is not among the places you'd think of to see contemporary art. The traditional brick-and-mortar corner bank is more of a generic space with the usual teller windows, cubicles and offices. But St. Petersburg-based </span>C1<span style="line-height: 1.5;"> Bank has turned the established bank space inside out for its first branch in South Florida.</span></p> Tue, 04 Feb 2014 04:16:32 +0000 Tom Hudson 27384 at http://wlrn.org Wynwood Now Banking -- In Style Obama Nominates Janet Yellen To Head Federal Reserve http://wlrn.org/post/obama-nominates-janet-yellen-head-federal-reserve Saying "American workers and families will have a champion in Janet Yellen," President Obama officially nominated her to chair the Federal Reserve, once Ben Bernanke completes his term in January.<p>Yellen "is the kind of person who makes everybody around her better," Obama said, adding that Yellen is "extremely well qualified" and "renowned for her good judgement."<p>Obama made the announcement at the White House on Wednesday, flanked by Yellen and outgoing Fed chief Ben Bernanke. Wed, 09 Oct 2013 20:24:25 +0000 21895 at http://wlrn.org Obama Nominates Janet Yellen To Head Federal Reserve Whale Of A Fine: JPMorgan Chase To Pay $920M In Penalties http://wlrn.org/post/whale-fine-jpmorgan-chase-pay-920m-penalties JPMorgan Chase has agreed to acknowledge that it violated federal securities laws and will pay $920 million in penalties assessed by regulators in the U.S. and U.K. Thu, 19 Sep 2013 16:37:29 +0000 Mark Memmott 20861 at http://wlrn.org Whale Of A Fine: JPMorgan Chase To Pay $920M In Penalties JPMorgan To Get Whale Of A Fine For Trading Losses http://wlrn.org/post/jpmorgan-get-whale-fine-trading-losses Authorities are set to slap banking giant JPMorgan Chase with a massive fine over the bank's huge trading losses in London last year, confirms NPR's Jim Zarroli.<p>Though details of the deal are still pending, several reports put the amount at more than $700 million. Tue, 17 Sep 2013 11:56:23 +0000 Jim Zarroli 20717 at http://wlrn.org JPMorgan To Get Whale Of A Fine For Trading Losses 5 Years After Financial Crisis, Are Big Banks Still A Threat? http://wlrn.org/post/five-years-after-wall-street-collapse-are-banks-better It's been five years since Lehman Brothers collapsed and touched off a banking crisis that is still being felt by the global economy. Today, the banking industry is a lot stronger than it was, but some critics say efforts to reform banking regulations have fallen short of their potential.<p>The 2008 banking crisis underscored how vulnerable the financial sector had become. Huge institutions like Countrywide were saddled with mountains of bad mortgage and consumer debt. And the losses were magnified by the widespread use of leverage and derivatives such as credit default swaps. Thu, 12 Sep 2013 12:40:41 +0000 Jim Zarroli 20476 at http://wlrn.org 5 Years After Financial Crisis, Are Big Banks Still A Threat? Austerity: The History of a Dangerous Idea http://wlrn.org/post/austerity-history-dangerous-idea <p></p> Mon, 05 Aug 2013 17:00:00 +0000 Joseph Cooper, Bonnie Berman & Paul Leary 18489 at http://wlrn.org Austerity: The History of a Dangerous Idea