Financials

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."

Wells Fargo has agreed to pay $110 million to settle a class-action lawsuit over up to 2 million accounts its employees opened for customers without getting their permission, the bank announced Tuesday.

Wells Fargo has agreed to pay $110 million to settle a class-action lawsuit over up to 2 million accounts its employees opened for customers without getting their permission, the bank announced Tuesday.

Bill Gross has reached a roughly $81 million settlement of his lawsuit against Pacific Investment Management Co, ending a bitter 2-1/2-year drama over the well-known bond investor's abrupt departure from one of the world's biggest asset managers.

Bill Gross has reached a roughly $81 million settlement of his lawsuit against Pacific Investment Management Co, ending a bitter 2-1/2-year drama over the well-known bond investor's abrupt departure from one of the world's biggest asset managers.

Rafferty Capital Markets Banking Analyst Dick Bove discusses the outlook for the financial sector.

Starting on Monday, Wells Fargo depositors can toss their ATM card.

Starting on Monday, Wells Fargo depositors can toss their ATM card.

General Electric Co said it expected to cut costs and boost operating profit in its industrial unit and linked the bonuses of its senior management to meeting these goals, as it bows to pressure from Nelson Peltz's Trian Fund Management.

General Electric Co said it expected to cut costs and boost operating profit in its industrial unit and linked the bonuses of its senior management to meeting these goals, as it bows to pressure from Nelson Peltz's Trian Fund Management.

The top Democrat on the U.S. Senate Banking Committee told bankers gathered in Washington on Tuesday that his party would not support drastic changes to the Dodd-Frank financial reform law.