US attorneys in New York are dropping the cases against Julien Grout of France and Javier Martin-Artajo of Spain (seen in 2013), who were accused of being key figures in covering up $6.2 billion (5.7...
Bank of America announced Friday that it will move its hub for EU business to Dublin from London following Brexit. The Irish capital will be "the preferred location for (the bank's) principal EU...
Morgan Stanley has picked Frankfurt as a new temporary hub to operate in the European Union when Brexit takes effect, a person familiar with the situation said Wednesday. The New York investment bank...
Bank of America reported higher second-quarter earnings Tuesday, thanks to a boost in total loans and the benefit of increased interest rates. Net income for the period ending June 30 was $4.9...
Wall Street stocks finished at fresh records Friday following solid bank earnings, while the dollar retreated after lackluster US data raised questions about additional Federal Reserve rate hikes....
JPMorgan Chase chief executive Jamie Dimon ripped into the political gridlock in Washington and said Friday that they dysfunction threatened US economic prospects. "It's almost an embarrassment to be...
JPMorgan Chase reported higher second-quarter earnings Friday, boosted by loan growth and the benefits of increased interest rates that compensated for declines in trading performance. JPMorgan chief...
Global stocks mostly rose Monday, shrugging off misgivings over a contentious G20 meeting ahead of highly-anticipated testimony by Federal Reserve Chair Janet Yellen and second quarter earnings...
News that JPMorgan Chase considered bidding for British payment company Worldpay signals that big US banks could be shifting back into acquisition mode after nearly a decade playing defense....
US payment processing giant Vantiv has agreed to take over British peer Worldpay, the pair said Wednesday, to create a global giant worth $27 billion. The deal was billed as a merger, with Worldpay...
The euro extended its run higher against the dollar Wednesday, hitting a one-year high, while tech and bank stocks helped Wall Street reverse a sell-off in the prior session. The euro rose close to...
Germany's Deutsche Bank has agreed to pay $170 million to settle a private lawsuit charging it conspired with other major banks to rig a key interest rate, according to a US court filing Monday. The...
General Electric announced a leadership shakeup on Monday as it faces scrutiny after a corporate makeover executed by outgoing chief Jeff Immelt in the wake of the 2008 financial crisis failed to...
The Trump administration does not support a return to the Depression-era rule requiring a separation of retail and investment banking, Treasury Secretary Steven Mnuchin said Thursday. It would be "a...
The past decade has brought huge innovation to the lending industry. Companies like LendingClub, OnDeck, Kabbage and Fundera made online lending platforms a standard. Each of these companies enables...
The entire Wells Fargo board of directors was reelected Tuesday after a bruising, rowdy annual meeting where shareholders castigated the bank's leadership over a fake accounts scandal that severely...
JPMorgan Chase reported higher first-quarter profits Thursday, driven by a strong performance in its corporate and investment bank division, including in trading. Net income for the quarter ending...
The odds of a breakup of the European Union have increased after Brexit, an outcome that could have "devastating" economic and political effects, JPMorgan Chase's chief executive said Tuesday....
The Minority in Parliament has accused the Ministry of Energy’s committee which reviewed the deal between the Government of Ghana and the Ameri group of politicizing the agreement, adding that it...
Wall Street stocks fell early Monday in the first full session since Republican leaders withdrew a US health care reform bill, dealing a major setback to President Donald Trump. About 10 minutes into...
