The 10 largest corporate mergers in U.S. history
Here are the biggest corporate mergers in U.S. history.
Fed wants ‘clarity’ on marijuana laws
Pot sellers need banks for an industry that is growing rapidly.
Fmr. Rep. Harold Ford Jr. poised for Wall Street return after Morgan Stanley ouster and settlement
The former congressman is on the cusp of returning to the private financial sector.
Jamie Dimon mulling a run for public office?
More CEOs may consider a White House run.
Fed advances proposal to loosen Obama-era Volcker Rule
Strict trading regulations were imposed on banks in the wake of the financial crisis.
Bank stocks hammered over Italy turmoil
JPMorgan, Bank of America, Citigroup and Wells Fargo among the day's losers.
Dodd-Frank scale back ‘welcome news’ for small banks
President Trump signed the bill on Thursday.
Trump Dodd-Frank rollback will boost M&A: Dick Bove
The president will sign a bill into law that partially repeals Dodd-Frank, a banking reform bill enacted in wake of the 2009 financial crisis.
Deutsche Bank to cut thousands of staff in investment bank revamp
The overhaul calls for the elimination of roughly 7,000 jobs.
Fifth Third tumbles after $4.7B deal to buy Chicago-based bank
The premium for MB Financial is more than twice the average, according to Dealogic figures.
RBS reaches $4.9 billion deal to settle U.S. mortgage bond probe
This resolves a probe into the structuring and sale of mortgage-backed securities.
Warren Buffett lauds Wells Fargo as it launches brand campaign
Ads will emphasize “commitment to re-establish trust.”
Bank of America will fund assault-type rifle maker
The bank is part of a group that will help finance Remington Outdoor as it merges from bankruptcy.
More than half of American workers over 60 are postponing retirement
There are many good reasons to keep working after retirement, but some Americans are having trouble getting to that stage of life.
HSBC 1Q profit misses estimate, unveils $2 billion share buyback
Profit was also down from the year-ago period.
JPMorgan Chase creates artificial intelligence role
Professor Manuela Veloso of Carnegie Mellon will build on the bank’s work with machine learning.
Wells Fargo CEO: ‘Absolutely open for business’
The third-largest U.S. bank is growing, according to CEO Tim Sloan.
Warren Buffett ‘blew it’ on Wells Fargo stock: Dick Bove
Berkshire Hathaway wasn’t paying attention, according to the analyst.
SunTrust reports data of 1.5M customers possibly stolen by ex-worker
Information includes names, addresses, phone numbers and account balances, bank says
Wells Fargo said near settlement of up to $1B with regulators
An agreement is expected to be announced as soon as Friday.