Financials

A U.S. bank regulator is ready to fail Wells Fargo on a national scorecard for community lending, sources familiar with the decision said on Wednesday, in a move that could limit near-term expansion for the bank.

A U.S. bank regulator is ready to fail Wells Fargo on a national scorecard for community lending, sources familiar with the decision said on Wednesday, in a move that could limit near-term expansion for the bank.

President-elect Donald Trump has been a harsh critic of Dodd-Frank and its impact on the financial sector. But Rafferty Capital Markets Banking Analyst Dick Bove suggested Trump could work with the Federal Reserve to improve the relationship between the government and the banks, and boost the long-term growth of the sector without repealing Dodd-Frank.

President-elect Donald Trump has been a harsh critic of Dodd-Frank and its impact on the financial sector. But Rafferty Capital Markets Banking Analyst Dick Bove suggested Trump could work with the Federal Reserve to improve the relationship between the government and the banks, and boost the long-term growth of the sector without repealing Dodd-Frank.

BlackRock Inc. has hired a new global chief marketing officer from digital media company BuzzFeed as the world's largest money manager works to bolster its business from individual investors.

BlackRock Inc. has hired a new global chief marketing officer from digital media company BuzzFeed as the world's largest money manager works to bolster its business from individual investors.

U.S. banking regulators must defend tough rules governing Wall Street and resist efforts to dilute regulations that might prevent a future financial crisis, Federal Reserve Governor Daniel Tarullo said on Friday.

U.S. banking regulators must defend tough rules governing Wall Street and resist efforts to dilute regulations that might prevent a future financial crisis, Federal Reserve Governor Daniel Tarullo said on Friday.

Goldman's number #2 is itching to become a #1 in his own right.

Black Friday has come and gone. Cyber Monday is behind us, too. But if you are like most consumers, there’s still a fair amount of holiday shopping to be done, and if you’re not careful it could be your financial undoing.

Black Friday has come and gone. Cyber Monday is behind us, too. But if you are like most consumers, there’s still a fair amount of holiday shopping to be done, and if you’re not careful it could be your financial undoing.

Big changes may lie ahead for the nation's two mortgage giants.

Big changes may lie ahead for the nation's two mortgage giants.

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

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.