The Hit Farm

Bank of America Corp still doesn't know exactly what damaging documents Wikileaks could have about it, the largest U.S. bank's chief information officer said on Thursday. By J. Scott Trubey A small bank based in Jackson was closed Friday by regulators, the 13th bank failure in Georgia this year. McIntosh State Bank was seized and [...]

A bank has assets such as loans it has made to households, businesses, and other banks. The bank also has liabilities, such as checking and savings accounts of individuals and other institutions (your checking account is HSBC will offer consumers a "taste" of the Wimbledon tennis tournament by dishing out a favorite treat of visitors [...]