Wells Fargo is not complying with settlements, according to congressional report
The report is part of a year-long probe and comes ahead of hearings next week
Fed's revised bank rule a bonus for dividends, buybacks
The Fed aims to level the playing field for banks.
Feds hit ex-U.S. Bancorp exec with $450,000 money-laundering fine
The U.S. government on Wednesday said it has hit a former risk officer at a subsidiary of U.S. Bancorp with a $450,000 civil penalty for his role in failing to prevent violations of the U.S. anti-money laundering law
JPMorgan suspends traders over chat practices
It is at least the second time this year that traders have been suspended over communications
Trish Regan: Democrats politicize coronavirus and blame Trump
The swine flu crisis 10 years ago is a perfect example of why the government shouldn't have sole control over medical resources.
Wells Fargo to pay $35M to settle lawsuit on risky ETF recommendations
Wells Fargo & Co. agreed to pay $35 million to settle regulatory claims that its financial advisers recommended exchange-traded funds that were too risky for some clients.
Mastercard chooses insider to replace CEO Ajay Banga
Ajay Banga, who took charge of the company just after the 2008-09 financial crisis, has seen the payment processor's revenue triple during his tenure.
JPMorgan wields size advantage as US economic growth slows
Interest margins have been curbed at banks across the U.S. have been curbed in the past year as the Federal Reserve lowered its benchmark short-term rate 75 basis points to a range of 1.5 percent to 1.75 percent.
JPMorgan Chase to unveil climate initiatives at investor day
JPMorgan Chase & Co. executives plan to announce new climate-change initiatives on Tuesday, including restrictions on financing coal mining and Arctic drilling, as well as a $200 billion target to provide financing for sustainable projects.
United Airlines, Mastercard warn over corononavirus
Major U.S. corporations are bracing for a financial coronavirus hit.
Morgan Stanley buys E-Trade in $13B bet on smaller customers
The all-stock takeover, announced Thursday, will combine a Wall Street firm in the late innings of a decadelong turnaround with a discount broker built on the backs of dot-com day traders.
Franklin Resources is in talks to buy Legg Mason
Legg Mason has a market value of more than $3.5 billion
Boy Scouts file for bankruptcy due to sex-abuse lawsuits
By going to bankruptcy court, the Scouts can put those lawsuits on hold for now.
HSBC to slash investment bank, 35,000 jobs in strategy overhaul
The wider strategy overhaul also comes amid slowing economic growth in HSBC's major markets
How much money does Chick-fil-A make?
Executives of the company have often said the chain made as much money in six days as its competitors do in seven.
You should date around with banks, experts say
Experts believe you should try different banks until you find the one.
Barclays CEO 'deeply regrets' Epstein relationship
Jes Staley said Thursday his last contact with Epstein was in the summer and autumn of 2015, seven years after Epstein was deemed a convicted sex offender
Barclays CEO under investigation over links to Epstein
U.K. bank says CEO Jes Staley retains the full confidence of its board
Who's behind Federal Reserve's interest rate decisions?
The Federal Reserve was created to handle financial emergencies after the panic of 1907.
Embattled Wells Fargo gets overhaul from new CEO Charles Scharf
Regulators and Wells Fargo ’s board have said the company’s decentralized structure was among the chief causes of the fake accounts scandal.