Financials

Sharp price falls make it much more difficult, and expensive, for lenders to raise capital.

JPMorgan Chase could be forced to move thousands of staff out of Britain following last month's Brexit vote.

JPMorgan Chase could be forced to move thousands of staff out of Britain following last month's Brexit vote.

General Electric formally asked to be released from supervision by the Federal Reserve on Thursday, saying it has sufficiently shrunk its once-massive financial services arm so it would no longer pose a systemic threat to the banking system.

A federal judge overturned U.S. regulators' determination that MetLife Inc. poses a threat to the financial system, granting the insurer a victory on its quest to avoid stricter rules and potentially undermining a central plank of the 2010 Dodd-Frank financial-overhaul law.

In response to complaints about the waiting periods caused by new chip-enabled credit and debit cards, Visa Inc. on Tuesday said it is launching software that will shave as many as 18 seconds off the time it takes to make a payment. The nation's biggest retailer has also taken steps to be faster. Wal-Mart Stores Inc. has lopped off 11 seconds from chip-card transaction time, a spokesman said.

U.S. stocks climbed for a second straight session on Wednesday as a rally in bank shares, sparked by better-than-expected quarterly results from J.P. Morgan Chase & Co., fueled buying appetite.

he $147 billion question for banks: Will energy companies max out their credit lines?

J.P. Morgan Chase & Co. Chief Executive James Dimon warned that increased market volatility is likely here to stay, even as he argued that his firm is getting progressively stronger and safer.

Strong housing data, rising oil prices and increasing confidence that higher interest rates won't undermine stock prices combined to help lift major indexes as investors sold government bonds and gold.

A federal appeals court on Monday reversed a lower court order that Bank of America Corp. pay a $1.27 billion penalty in connection with mortgages sold by its Countrywide unit., a major blow to the government which had won the high-profile financial crisis case at trial.

Goldman Sachs is trimming additional staff from its sales and trading division, people familiar with the matter said, marking another wave of cost cuts for the Wall Street firm as it wades through a slump at some of its key businesses.

Deutsche Bank AG is the riskiest financial institution in the world as a potential source of external shocks to the financial system, according to the International Monetary Fund.

Deutsche Bank AG is the riskiest financial institution in the world as a potential source of external shocks to the financial system, according to the International Monetary Fund.

We asked experts if it's time to shake up your investment mix. See what they said.

We asked experts if it's time to shake up your investment mix. See what they said.

France is working on ways to make Paris a more attractive financial center to rival the City of London after Britain's vote to leave the European Union, Prime Minister Manuel Valls said on Saturday.

France is working on ways to make Paris a more attractive financial center to rival the City of London after Britain's vote to leave the European Union, Prime Minister Manuel Valls said on Saturday.

Berkshire Hathaway Inc.which increased its Wells Fargo & Co. stake to about 10% in the first quarter, is seeking regulatory approval to buy more shares, according to reports.

Chesapeake Partners, a $1.4 billion hedge fund that bet on special situations including mergers, bankruptcies and spin-offs, is shutting down after an 18-month stretch of losses, as it blamed government regulation for making investing tougher.