Financials

Our next Treasury Secretary may bring a little star power to Washington D.C.

Long-time Fidelity Investments Chairman Edward C. Johnson III will retire next month and will be succeeded by his daughter, Abigail Johnson, the company said on Monday.

Long-time Fidelity Investments Chairman Edward C. Johnson III will retire next month and will be succeeded by his daughter, Abigail Johnson, the company said on Monday.

Citi joined JPMorgan as the world's most systemically important banks, replacing HSBC in a group of 30 lenders who must hold extra capital from 2019 to preserve financial stability.

Citi joined JPMorgan as the world's most systemically important banks, replacing HSBC in a group of 30 lenders who must hold extra capital from 2019 to preserve financial stability.

Trump is getting under the skin of the NY AG just days after winning the Presidential election.

Trump is getting under the skin of the NY AG just days after winning the Presidential election.

The sales scandal that shattered the bank's folksy image is now hitting the bottom line.

The sales scandal that shattered the bank's folksy image is now hitting the bottom line.

JPMorgan Chase & Co. has agreed to pay $264 million to resolve allegations that it hired the relatives of Chinese officials in order to win banking deals, the U.S. Securities and Exchange Commission said in a statement on Thursday.

JPMorgan Chase & Co. has agreed to pay $264 million to resolve allegations that it hired the relatives of Chinese officials in order to win banking deals, the U.S. Securities and Exchange Commission said in a statement on Thursday.

Dimon has steered his bank through turbulent times but does he really want to be Trump's economic king pin?

Dimon has steered his bank through turbulent times but does he really want to be Trump's economic king pin?

Minneapolis Federal Reserve President Neel Kashkari unveiled a plan on Wednesday to prevent future government bailouts by forcing the largest U.S. banks to hold so much capital that they would probably decide to break themselves up.

Minneapolis Federal Reserve President Neel Kashkari unveiled a plan on Wednesday to prevent future government bailouts by forcing the largest U.S. banks to hold so much capital that they would probably decide to break themselves up.

U.S. officials are striving to put finishing touches on a slew of banking rules before President Barack Obama leaves office and hands regulatory power to Donald Trump who has vowed to rewrite the existing financial rule book.

U.S. officials are striving to put finishing touches on a slew of banking rules before President Barack Obama leaves office and hands regulatory power to Donald Trump who has vowed to rewrite the existing financial rule book.

Donald Trump's transition team is lowering expectations for a complete repeal of the Dodd-Frank financial regulatory overhaul.

Donald Trump's transition team is lowering expectations for a complete repeal of the Dodd-Frank financial regulatory overhaul.

Bank stocks have already seen big gains since Donald Trump’s election victory, but that may be just a small sign of what is to come for banks under a Trump administration, said Rafferty Capital Markets Banking Analyst Dick Bove.