SocGen expects around $1.4B in US sanctions penalties
The bank's provisions set aside to cover penalties related to legal disputes totals 1.43 billion euros.
Wells Fargo probes gender-bias claims by female executives: Report
Top female executives in the troubled bank’s wealth management unit gathered in June to discuss working conditions, including a lack of representation in top roles.
JPMorgan to offer free online stock trading service
The service will be available to individuals who use the bank’s app and website.
Goldman Sachs to cover breastmilk shipping costs for new moms
Goldman Sachs will pay to transport breastmilk when new moms are traveling for the investment bank.
Only banks should continue with quarterly earnings reports: Signature Bank Chairman
The practice of disclosing quarterly earnings estimates should be eliminated from the American economic system – with one exception, says the Chairman of Signature Bank.
Amazon considering UK insurance comparison site: report
It is not yet clear what type of insurance products would be available.
Elizabeth Warren's Accountable Capitalism Act would force companies to look beyond shareholders
The senator is hoping to steer companies away from focusing solely on maximizing shareholder returns.
RBS pays $4.9B for crisis-era misconduct
The penalty is the largest-ever imposed on a bank for misconduct leading up to the financial crisis.
ATM attack is a coordinated effort: Former assistant FBI director
An imminent ATM attack by hackers could be a coordinated effort resulting in millions of dollars in losses, according to a former assistant director of the FBI.
Berkshire boosts Goldman stake, confirms Apple purchase
Warren Buffett's Berkshire Hathaway confirmed it has added to its stake in iPhone maker Apple Inc.
Kroger grocery unit bans Visa credit cards
The policy change stems from a dispute over fees charged by the bank.
Tesla forms panel to gauge taking company private
Tesla said Tuesday its board formed a committee to respond to CEO Elon Musk’s tweet that he had funding to take his electric car company private.
Democratic Socialists: Nationalize health care and water down big business
This emerging group is even more left of the Democratic party on economic issues.
Residents in these cities are most likely to pay bills on time
Residents on the West Coast were more likely to pay on time, according to a new study.
HSBC reports first-half profit rises 4.6 pct
Pretax profit of $10.7 billion through June, up from $10.2 billion a year earlier.
Steve Jobs and Apple’s prolonged history in seven fast facts
As the tech giant reached its $1 trillion market capitalization on Thursday, here are some fun facts about the late Steve Jobs and his company.
Top 5 states with highest, lowest student loan debt
A new report measured the amount of crippling student-loan debts and unemployment rates nationally.
American Express sneakily raised rates on biz clients without notice: report
The company is said to have recruited businesses by offering low currency-conversion rates, without disclosing that those rates were subject to increase.
US stocks post losses as tech, energy sectors drag on market
Trump called the latest GDP numbers 'great' in a tweet.
Wells Fargo refunding ‘tens of millions’ of dollars to customers for add-on products: report
Customers reportedly did not understand or know how to use the add-on products.