There was no ho-ho-ho for retailers this holiday season. Despite slashing prices before Christmas, U.S. retailers received lumps of coal in their stockings, as sliding sales across several key areas of consumer spending showed consumers weren't in the holiday spirit to buy.
Wow - we've been part of quite a bit of quick decision-making recently. Financial institutions going out of business almost overnight, trillions of dollars being offered from the U.S. government in the blink of an eye, and the largest in the industry merging with and/or acquiring peer institutions within weeks.
The Identity Theft Resource Center in San Diego has made some dire predictions for businesses and consumers to ponder for next year.
Here's a list of some of the things that ITRC sees as causing the most problems in the identity theft arena. Some are already hitting financial institutions and their customers.
The only people taking advantage of home sales are the bargain hunters buying at distressed sale prices, says the National Association of Realtors. The industry association says the number of existing homes sold in November dropped precipitously 8.6 percent and median home prices suffered the worst drops.
Sitting down at your desk wondering how you're going to get your info sec budget through the next finance meeting unscathed and still manage to meet all of your department's regulatory requirements? Well, I can assure you, you're not alone.
It's been a wild year for the banking industry, and 2009 promises to be an eventful one, too, with a new Presidential administration and discussion of new industry regulations.
To reflect on the year behind us and consider the year ahead, we caught up with Doug Johnson, Vice President of Risk Management Policy with...
Investors that were looking for good news on Monday saw stocks fall in a low volume trading session full of concerns about falling oil prices, end of year corporate earnings and the continuing problems facing automakers.
Dow Jones industrial average fell 0.7 percent, and Standard & Poor's 500 index also dropped 2...
From Hannaford to Countrywide to the Bank of New York Mellon, 2008 has been a year of high-profile security breaches in or impacting the financial services industry. Here's our list of the top 10 - and lessons that should be learned, so we aren't back revisiting these issues in '09.
Earlier this year, The TJX...
In a move to bolster its budget and bulk up its staff, the Federal Deposit Insurance Corporation (FDIC) this week approved its 2009 operating budget and added more than 1,400 staff positions to be filled in the new year.
In naming some of the final key positions in his cabinet on Thursday, President-elect Barack Obama says he blames much of the nation's economic woes on government regulators who "dropped the ball," and called for a tougher enforcement stance and a return to ethical business practices.