The bank reports a 55 percent drop in new credit card applications and 43 percent drop in new checking account openings, year over year.
Regulations can be simplified but the lessons of the financial crisis shouldn't be forgotten, former FDIC Chair Sheila Bair said.
The prime rate has been at 3.75 percent during most recent weekly surveys.
The broker-dealer operations at New York Stock Exchange member firms booked $17.3 billion in profits in 2016, the first increase since 2012.
Shares of HSBC in Hong Kong could go up to 70 Hong Kong dollars after it tapped AIA's chief to take over as chairman, one analyst told CNBC.
Laurie Stewart, who attended Thursday's bank CEOs meeting with Trump, believes the president was "very interested" in listening to issues.
Deutsche Bank's decision to integrate Postbank into its private and commercial clients division will lead to a "difficult" period, CEO John Cryan told CNBC on Monday.
Singapore's United Overseas Bank (UOB) reported on Friday its earnings for the fourth quarter slipped 6.2 percent on-year to S$739 million.
Customers will soon be able to unlock cash dispensers' coffers by using their phone, the New York Times reports.
CLSA's Mike Mayo sees the bank rally continuing, and his bullishness isn't dependent on the "Trump bump."
Banks tightened standards for auto loans in the first quarter, up from 3.3% late last year and the highest level dating back to 2011, USA Today reports.
The CEO-worker pay ratio, included in Dodd-Frank, "was thrown in there at the behest of special interests," says ex-SEC chief Paul Atkins.
Since the banking law took effect in July 2010, lending to businesses and consumers has continued to hit new highs, data shows.
"The assault on the major set of plans is greatly mistaken," former Rep. Barney Frank tells CNBC.
"For a global bank as we are and by the way as many of the American banks, this can represent a challenge."
The finance world delivered a muted response to Trump's temporary ban on immigration. The New York Times reports.
Twenty billion euros earmarked by the Italian government will be enough to help recapitalize weak banks, the Bank of Italy governor said.
Bank stocks need more than Trump promises of deregulation and Fed signals of higher rates, the influential banking analyst tells CNBC.
Financials may have pared back some of their gains, but all signs point to a positive outlook, former Wells Fargo CEO Dick Kovacevich said.
Wells Fargo is "growing at a slower rate" in the wake of the fake accounts scandal, CFO John Shrewsberry says.