Financials

American International Group said on Monday it expected to book pre-tax catastrophe losses of about $3 billion in the third quarter mainly related to hurricanes Harvey, Irma and Maria.

American International Group said on Monday it expected to book pre-tax catastrophe losses of about $3 billion in the third quarter mainly related to hurricanes Harvey, Irma and Maria.

U.S. economist Richard Thaler won the 2017 Nobel Economics Prize for his contributions in the field of behavioral economics, the Royal Swedish Academy of Sciences said on Monday.

U.S. House Democrats introduced legislation on Wednesday to direct banking regulators to review operations at the country's largest banks and consider shutting them down if they exhibit repeated wrongdoing to consumers.

U.S. House Democrats introduced legislation on Wednesday to direct banking regulators to review operations at the country's largest banks and consider shutting them down if they exhibit repeated wrongdoing to consumers.

Fmr. Equifax CEO Richard Smith faces the music again, a day after more troubling information surfaced.

Members of Congress seek answers for the hack that compromised over 145 million Americans.

Time for a rule that will ensure Americans are not victimized twice following a cyber hack.

Time for a rule that will ensure Americans are not victimized twice following a cyber hack.

Wells Fargo & Co CEO Tim Sloan will be questioned about sales practices, mischarging customers for auto insurance, and complaints about mortgage fees at the bank's consumer lending unit when he testifies before U.S. senators on Tuesday.

U.S. lawmakers are due to question the former head of Equifax at a Tuesday hearing that could shed light on how hackers accessed the personal data of more than 140 million consumers.

U.S. lawmakers are due to question the former head of Equifax at a Tuesday hearing that could shed light on how hackers accessed the personal data of more than 140 million consumers.

Equifax could announce in coming days that it will claw back compensation from some top executives over its massive data breach, a person familiar with the matter said.

Eight of the largest U.S. banks and 82 foreign banks will have an extra year to submit their so-called living wills outlining how they would be unwound in the event of bankruptcy, the Federal Reserve said on Thursday.

The U.S. Securities and Exchange Commission suffered a defeat on Wednesday, as a judge said it failed to prove private equity fund manager Lynn Tilton defrauded investors by hiding the poor performance of assets underlying three debt funds.

The U.S. Securities and Exchange Commission suffered a defeat on Wednesday, as a judge said it failed to prove private equity fund manager Lynn Tilton defrauded investors by hiding the poor performance of assets underlying three debt funds.

Cybersecurity and fraud prevention advisor Frank Abagnale on Monday said the recent Equifax data breach that may have affected over 140 million Americans is possibly a buildup to one monumental cyber breach event.

Cybersecurity and fraud prevention advisor Frank Abagnale on Monday said the recent Equifax data breach that may have affected over 140 million Americans is possibly a buildup to one monumental cyber breach event.

Wells Fargo & Co. has hired law firm Sidley Austin to take the lead in preparing Chief Executive Tim Sloan for his appearance before the U.S. Congress next month to answer questions about a year-long sales practices scandal, according to four sources with knowledge of the decision.

Wells Fargo & Co. has hired law firm Sidley Austin to take the lead in preparing Chief Executive Tim Sloan for his appearance before the U.S. Congress next month to answer questions about a year-long sales practices scandal, according to four sources with knowledge of the decision.