A new study says fallout from the bank's scandal could total $4-billion in lost revenue and shrink its customer base.
Former employees say looking for weakest clients to target was 'like lions hunting zebras.'
Verizon, Dunkin' Brands and Tesla are making headlines on Wall Street this Thursday morning.
The big banks made more money a decade ago because of today's stifling government regulations and Fed controls, banking analyst Dick Bove tells CNBC.
Natwest has withdrawn its U.K. banking services from state-run broadcaster Russia Today, according to RT's editor-in-chief.
Northern Trust Wealth Management's Katie Nixon sees tailwinds for bank stocks, for now, but will be looking to trim depending on Fed policy.
A UK court has ruled in favour of Goldman Sachs in a $1.2 billion dispute with Libya's $67 billion sovereign wealth fund over nine disputed trades.
Deutsche Bank's finance chief told staff last month that job cuts at the bank could be double that planned, a source told Reuters.
Wells Fargo should pay $100 million to defrauded customers, Mike Mayo tells CNBC.
Warren says John Stumpf should face a criminal probe, even after the executive retired from the bank's top role.
Tim Sloan was elected Wells Fargo's new CEO late Wednesday after former CEO John Stumpf retired.
Shares of Wells Fargo spiked 2 percent in after-hours trade Wednesday, following its announcement that John Stumpf will retire.
European banks finished the week up, making it the index's best week in a month, back to September 2 when it gained 6.1 percent.
Brian Moynihan told CNBC he knows what it's like to be in the hot seat, a spot that competitor Wells Fargo has found itself in the wake of a fake account scandal.
Head of the euro zone finance ministers will use the IMF and World Bank meetings to discuss how the U.S. imposes fines on Europe's banks.
Bank of America announced Thursday that current head of Merril Lynch Wealth Management, John Thiel, has decided to step down, effective January 1, 2017.
European banks have never traded this cheap relative to U.S. banks, according to an equity research team at Citi, who have turned bullish on the beaten-down sector.
The German government is pursuing discreet talks with the U.S. to help Deutsche Bank secure a swift settlement over the sale of toxic mortgage bonds.
Bank stocks were a bright spot in the markets, as the Dow Jones industrial average shed about 85 points on Tuesday.
Illinois State Treasurer Michael Frerichs on Monday discussed his decision to suspend Illinois' investment activity with Wells Fargo.