Financials

Trump's Treasury Pick Defends His Foreclosure Actions

Steven Mnuchin, Donald Trump's pick to lead the Treasury Department, on Thursday defended his handling of thousands of foreclosures during the height of the financial crisis, saying he had worked hard to assist homeowners to refinance so they could keep their homes.

Trump's Treasury Pick Defends His Foreclosure Actions

Steven Mnuchin, Donald Trump's pick to lead the Treasury Department, on Thursday defended his handling of thousands of foreclosures during the height of the financial crisis, saying he had worked hard to assist homeowners to refinance so they could keep their homes.

Morgan Stanley's Profit Doubles on Bond-Trading

Wall Street bank Morgan Stanley's profit doubled in the last quarter of the year, far exceeding expectations, as trading activity surged following the U.S. presidential election.

Morgan Stanley's Profit Doubles on Bond-Trading

Wall Street bank Morgan Stanley's profit doubled in the last quarter of the year, far exceeding expectations, as trading activity surged following the U.S. presidential election.

Wells Fargo's Profit Falls 6.4 Percent

Wells Fargo said its fourth-quarter profit fell as higher interest rates weren't enough to offset the impact of a recent sales-tactics scandal at the bank.