Financials

Goldman Sachs Chief Executive Officer Lloyd Blankfein said London's financial center could stall due to the upheaval Brexit will inflict on financial services companies, the BBC reported.

Goldman Sachs Chief Executive Officer Lloyd Blankfein said London's financial center could stall due to the upheaval Brexit will inflict on financial services companies, the BBC reported.

HSBC Holdings reported a 19 percent fall in first quarter profit, as Europe's biggest bank battles to restore flagging revenues following its restructuring.

Rafferty Capital Markets banking analyst Dick Bove on the fallout from shrinking US banks.

Rafferty Capital Markets banking analyst Dick Bove on the fallout from shrinking US banks.

President Donald Trump tossed around the idea of breaking up big banks during his time on the campaign trail, but has since given the notion more thought.

J.P. Morgan Chase & Co. will move between 500 to 1,000 jobs out of London as the bank begins to implement its post-Brexit plans, according to people familiar with the matter.

J.P. Morgan Chase & Co. will move between 500 to 1,000 jobs out of London as the bank begins to implement its post-Brexit plans, according to people familiar with the matter.

MasterCard Inc, the world's second-largest payments network, reported higher-than-expected quarterly profit and revenue as people spent more using credit and debit cards.

Jamie Dimon, the chief executive officer and chairman of JPMorgan Chase railed against what he called excessive U.S. regulations and called on Washington to come together to build a more business-friendly economy that supports workers.

Jamie Dimon, the chief executive officer and chairman of JPMorgan Chase railed against what he called excessive U.S. regulations and called on Washington to come together to build a more business-friendly economy that supports workers.

The Trump administration is preparing to replace Comptroller of the Currency Thomas Curry as chief overseer of federally chartered banks.

The Trump administration is preparing to replace Comptroller of the Currency Thomas Curry as chief overseer of federally chartered banks.

A cut in the corporate tax rate will involve immediate pain for some big banks, namely Citigroup Inc. and Bank of America Corp., but an eventual earnings boost should more than make up for that.

A cut in the corporate tax rate will involve immediate pain for some big banks, namely Citigroup Inc. and Bank of America Corp., but an eventual earnings boost should more than make up for that.

Credit Suisse has ditched plans to raise money by listing part of its Swiss business and will instead sell new shares worth about 4 billion Swiss francs ($4 billion) to get its financial strength back on a par with rivals.

Credit Suisse said its first-quarter net income was $600 million, topping analysts' expectations on strong performance in its wealth-management and global-markets divisions.

Seattle council members voted in February to stop doing business with Wells Fargo, with which the city previously conducted transactions worth about $3 billion a year. "New Jersey Town Pulls Public Funds From Wells Fargo," at 6:30 p.m. ET on Monday as well as a subsequent update at 7:49 p.m. ET, incorrectly said the council voted to pull $3 billion in public funds from the bank. (April 25, 2017)

Wells Fargo & Co shareholders showed displeasure with the scandal-hit bank's board on Tuesday, offering scant support for several directors, including Chairman Stephen Sanger, in a vote capping a contentious annual meeting.

Wells Fargo & Co shareholders showed displeasure with the scandal-hit bank's board on Tuesday, offering scant support for several directors, including Chairman Stephen Sanger, in a vote capping a contentious annual meeting.