Financials

U.S. Banks Under Scrutiny After Wells Scandal

The Office of the Comptroller of the Currency earlier this month sent formal letters to large and regional banks seeking information about sales practices and incentive-compensation structures following the Wells Fargo & Co. scandal, people familiar with the requests said.

Morgan Stanley Profit Rises on Trading Boost

Morgan Stanley said its quarterly earnings rose, beating expectations, as the big Wall Street firm benefitted from a trading rebound that has helped the country's largest banks.

Morgan Stanley Profit Rises on Trading Boost

Morgan Stanley said its quarterly earnings rose, beating expectations, as the big Wall Street firm benefitted from a trading rebound that has helped the country's largest banks.

Bank of America 3Q Profit Rises 6.6%

Bank of America, the second-largest U.S. bank by assets, reported its first rise in profit in three quarters on Monday, boosted by strong results from bond trading.

Bank of America 3Q Profit Rises 6.6%

Bank of America, the second-largest U.S. bank by assets, reported its first rise in profit in three quarters on Monday, boosted by strong results from bond trading.