Key Democrat pushes new tax on wealthy, targeting unrealized capital gains
Similar reforms have been supported by billionaire Bill Gates.
Maxine Waters vs big banks: How the House Financial Services Committee plans to take on Wall Street
California Representative Maxine Waters (D) is threatening to take more actions against big banks.
Wells Fargo’s task in CEO search? Find the next Jamie Dimon
The JPMorgan Chase CEO has trained many of the industry's next generation of leaders.
America's community banks in danger of extinction due to credit union tax loophole
Credit unions, awash in cash because of their tax-exempt status, are buying banks in cash deals -- and it is resulting in the annual loss of tens of millions in tax monies.
Wells Fargo CEO Tim Sloan to retire
The company has faced pressure to overhaul its leadership amid continued scandals.
Apple’s new credit card draws skepticism from partner Goldman Sachs
Analysts at the investment bank warned the new credit card wouldn't be a moneymaker for Apple.
Apple targets core customers with new credit card, but skimpy rewards draw criticism
A slew of cards with similar or better rewards programs are already available.
Nike misses North America revenue estimates, shares drop
This is the first time in six quarters that Nike has failed to beat total revenue estimates.
Jeffrey Epstein was said to be a witness against Wall Street; an FBN investigation suggests otherwise
Jeffrey Epstein’s cushy plea deal had nothing to do with Bear Stearns testimony.
Fidelity National Information Services buying Worldpay for $35B
The deal is the latest in a wave of consolidation in the financial software and payments technology sectors as firms bulk up to compete with newcomers seeking to disrupt the way merchants are paid.
Deutsche Bank, Commerzbank go public on merger talks
Germany's two largest banks issued short statements following separate meetings of their management boards, a person with knowledge of the matter said.
British lawmakers reject no-deal Brexit in any circumstance
Lawmakers voted by 312 to 308 in favor of a cross-party motion that ruled out a potentially disorderly 'no-deal' Brexit under any circumstances.
Chase to open 90 branches, hire hundreds of workers
The expansion comes as rivals downsize their physical footprint.
JPMorgan's Chase to open up to 90 branches in nine US markets
Chase said it will also hire up to 700 employees in the new markets.
Brexit vote: UK parliament rejects May's EU deal again
The vote puts the world's fifth largest economy in uncharted territory with no obvious way forward.
Wells Fargo CEO's overtures earn bipartisan rebuke in fiery congressional hearing
The hearing is expected to be the first in a series from Chairwoman Maxine Waters, D-Calif.
Actresses Lori Loughlin, Felicity Huffman charged in college admissions scam
At least nine athletic coaches and dozens of parents were among those charged.
'Ghost employees' at center of Connecticut tax evasion scheme
A woman pleaded guilty to charges this week.
Nationwide, BlueVine partner on small business lending
The deal is the latest example of how startups are upending the banking sector.
Exxon Mobil sees 2020 capex rising by up to 16%
Exxon expects to spend in the range of $63 billion to $65 billion in 2019 and 2020.