Like their national brethren, state banks are suffering. The difference between the two is Arizona’s community banks — by and large — are not the orchestrators of their own tough times, says Arizona Department of Financial Institutions Superintendent Felecia Rotellini.  In discussing the plight of the banking industry, Rotellini is careful to delineate between the [...]

In spite of a national banking crisis and lending troubles, the number of people making deposits at locally operated community banks has increased nationwide according to a report by the Independent Community Bankers of America (ICBA).The report involved a survey of 743 community banks in February. Of the banks surveyed, 55 percent reported an increase [...]

BERN, Switzerland — The Swiss government has said it would cooperate on cases of international tax evasion, breaking with a long-standing tradition of protecting wealthy foreigners accused of hiding billions of dollars in the Alpine nation. The government insisted it would hold onto its cherished banking secrecy rules, but said other countries could now expect [...]

Regulators and analysts look at a half dozen key measures when they assess a bank’s health, said Boise-based John Hale, managing partner with KPMG, LLP. Banks are among the international audit and tax advisory firm’s clients.“Everybody analyzes a bank the same way, no matter its charter or size,” he said.Hale said a bank must look [...]

In these perilous economic times, managing cash has become more challenging for everyone, from moderate-income wage slaves to the super-rich. Getting the most out of your hard-earned money requires balancing safety, liquidity and earning power concerns. How do you keep your cash safe and accessible, while earning a decent rate of return≠To help accomplish that [...]