Financials

Wells Fargo & Co, which has been mired in litigations stemming from a sales scandal, reported a 0.6 percent fall in quarterly profit on Thursday, hit by weaker mortgage banking fees and higher costs.

Citigroup Inc reported a better-than-expected 17 percent jump in quarterly profit, boosted by strong fixed-income trading as clients adjusted their positions following rate hikes by the Federal Reserve and changes in the forex and credit markets.

Citigroup Inc reported a better-than-expected 17 percent jump in quarterly profit, boosted by strong fixed-income trading as clients adjusted their positions following rate hikes by the Federal Reserve and changes in the forex and credit markets.

JPMorgan Chase, the biggest U.S. bank by assets, reported a 16.8 percent rise in quarterly profit on Thursday as the bank made more loans and racked up additional revenue from increased trading.

JPMorgan Chase, the biggest U.S. bank by assets, reported a 16.8 percent rise in quarterly profit on Thursday as the bank made more loans and racked up additional revenue from increased trading.

Bank of America Corp. asked a bankruptcy judge to reconsider his $45 million fine over its treatment of a California couple who requested lower mortgage payments, calling the amount "unprecedented in its magnitude."

Wells Fargo & Co.'s board said it has clawed back an additional $75 million of pay from two former executives it holds largely responsible for years of sales-practice problems.

Wells Fargo & Co.'s board said it has clawed back an additional $75 million of pay from two former executives it holds largely responsible for years of sales-practice problems.

Drivers who pick up passengers for Uber and Lyft are frustrating a push by big insurers to sell new ride-sharing plans.

British regulators are investigating Jes Staley, the chief executive of Barclays, and the bank itself over a whistleblowing incident.

White House economic adviser Gary Cohn said he backed bringing back the Glass-Steagall Act, a Depression-era law that would revamp Wall Street banks by splitting their consumer-lending businesses from their investment arms.

White House economic adviser Gary Cohn says he supports a policy that could revamp Wall Street's biggest firms by separating their consumer-lending businesses from their investment banks.

White House economic adviser Gary Cohn says he supports a policy that could revamp Wall Street's biggest firms by separating their consumer-lending businesses from their investment banks.

President Donald Trump plans to sign an executive order on Friday to scale back Dodd-Frank and U.S. banks may benefit.

President Donald Trump plans to sign an executive order on Friday to scale back Dodd-Frank and U.S. banks may benefit.

One day after POTUS rolled back clean power regulation, America’s community bankers are optimistic the Trump administration will do the same for their industry.

BlackRock is shaking up its stock picking business, relying more on robots rather than humans.

BlackRock is shaking up its stock picking business, relying more on robots rather than humans.

A bankruptcy judge issued a $45 million fine against Bank of America Corp., calling the bank's treatment of a California couple who fought to save their home "brazen" and "heartless."

A bankruptcy judge issued a $45 million fine against Bank of America Corp., calling the bank's treatment of a California couple who fought to save their home "brazen" and "heartless."