Financials

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.

Visa Inc, the world's largest payments network operator, reported better-than-expected quarterly earnings and said it expects full-year profit at the high-end of its forecast, as it reaps the benefits of its purchase of Visa Europe.

The U.S. Federal Reserve on Thursday fined Deutsche Bank AG $156.6 million for violating foreign exchange rules and running afoul of the Volcker Rule.

The Federal Reserve could streamline the stress-testing process for banks and might consider making banks submit plans less frequently for how they would handle bankruptcy, Fed Governor Jerome Powell said on Thursday.

The Federal Reserve could streamline the stress-testing process for banks and might consider making banks submit plans less frequently for how they would handle bankruptcy, Fed Governor Jerome Powell said on Thursday.

Property and casualty insurer Travelers Cos Inc reported an 11 percent fall in quarterly profit hurt by higher catastrophe losses and lower underwriting gains.

Property and casualty insurer Travelers Cos Inc reported an 11 percent fall in quarterly profit hurt by higher catastrophe losses and lower underwriting gains.

Billionaire investor Warren Buffett supports Wells Fargo's management and board of directors, and has likely already voted shares owned by him and his conglomerate.

American Express Co on Wednesday posted a better-than-expected first-quarter profit, helped in part by higher spending by card members, and the company's shares rose 2.3 percent in trading after the bell.

American Express Co on Wednesday posted a better-than-expected first-quarter profit, helped in part by higher spending by card members, and the company's shares rose 2.3 percent in trading after the bell.

Morgan Stanley reported a 74 percent jump in quarterly profit on Wednesday, topping analysts' estimates.

Goldman Sachs Group reported a lower-than-expected quarterly profit as gains in investment banking were offset by weak trading revenue.

Bank of America reported a 44 percent rise in quarterly profit as higher interest rates bulked up earnings and trading boosted revenue.

Bank of America reported a 44 percent rise in quarterly profit as higher interest rates bulked up earnings and trading boosted revenue.

Wells Fargo & Co Chief Executive Tim Sloan and Chairman Stephen Sanger together bought nearly 100,000 shares of the company's stock as the bank tries to bounce back from a sales scandal that tarnished its once-spotless image as an industry leader.

Wells Fargo & Co Chief Executive Tim Sloan and Chairman Stephen Sanger together bought nearly 100,000 shares of the company's stock as the bank tries to bounce back from a sales scandal that tarnished its once-spotless image as an industry leader.

After having to stomach $31 billion worth of bitter mortgage settlements with government agencies a few years ago, JPMorgan Chase & Co swore off a huge swath of the home loan market.

After having to stomach $31 billion worth of bitter mortgage settlements with government agencies a few years ago, JPMorgan Chase & Co swore off a huge swath of the home loan market.