Once upon a time, not long ago, oil companies were so despised that they had to downplay their massive profits in order to keep the angry mobs away. T...

NEW YORK (AP) — As soon as Bank of America puts one mortgage-related lawsuit behind it, another always seems to rear its head. The ba...

BOSTON -- JPMorgan Chase and Wells Fargo, two of the biggest US banks by assets, kicked off Wall Street’s earnings season on Friday by reporting rec...

WASHINGTON, Feb 26 (Reuters) - The U.S. banking industry in 2012 recorded its highest earnings since before the 2007-2009 financial crisis, accordin...

NEW YORK — Bank of America wants a bigger slice of the mortgage market. This time, the bank is being more careful about how to get it. On Thurs...

Jan 16 (Reuters) - Goldman Sachs Group Inc said its fourth-quarter earnings nearly tripled, driven by big gains in stock and bond values, increased re...

NEW YORK -- America's best-known banker is getting a big pay cut. JPMorgan Chase said Wednesday that it will dock the pay of CEO Jamie Dimon by more ...

When it comes to big banks, we're like overly doting parents: Four years after the financial crisis, we just can't stop babying them.

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

* Adds $800 mln to provision for lax anti-money laundering controls * Fine could be "significantly higher", likely to involve crimina...

(Repeats to additional subscribers. No change to text) * Q3 net profit 254 mln Sfr vs avg poll forecast 370 mln * Profit...

NEW YORK — Goldman Sachs turned in third-quarter earnings Tuesday that easily beat analysts' estimates, but the bank's mood seemed more cautious...

OK, it's official now: The housing market is recovering. Three out of the four biggest U.S. banks agree, so it must be true, right? The latest gino...

NEW YORK — JPMorgan Chase, the country's biggest bank, reported a record quarterly profit Friday, helped by a surge in mortgage refinancing. CEO...

Thing One: Too Big To Succeed: Instead of cursing the too-big-to-fail banks like we do, maybe it's time we tried to sympathize with them. We're not...

* Q2 net profit 425 mln Sfr vs 1.14 bln Sfr forecast * UBS hit by 349 million franc loss on Facebook IPO * Investment ba...

WASHINGTON, May 24 (Reuters) - The U.S. banking industry for the first quarter reported its highest quarterly earnings since the first half of 2007,...

* Earnings reports follow 24 pct rise in bank stocks this year * Some big banks could show profit decline from year ago ...

After being rebuffed in its efforts to charge $5 per month for debit card use, Bank of America is gambling on the optimism of American consumers and g...

NEW YORK — Bank of America is back to basics – slimmed down, stripped of its swagger and no longer the biggest bank in the country. And in...

Goldman Sachs isn't likely to garner much public favor when it announces its earnings this week, as forecasts predict that the bank will boost the sha...

NEW YORK -- The economy may be healing, but banks are suffering from a housing hangover. JPMorgan Chase spent $3.2 billion last year to fight lawsuit...

NEW YORK -- Wall Street earnings season kicked off Friday with JPMorgan Chase & Co. reporting its financials after a year in which the biggest consume...

WASHINGTON — Bank earnings rose over the summer to their highest level in more than four years, while the number of troubled banks fell for the ...

Wall Street firms have earned more in profits so far under President Obama than during all eight years of George W. Bush's presidency, according to Th...