The investment bank says that the upgrade is not related to the government's move to cut ties, the FT reports. » Read More
Wells Fargo is "growing at a slower rate" in the wake of the fake accounts scandal, CFO John Shrewsberry says.
Depending on the outcome of Trump's bet, the economy could break free of its lethargy or end up in a deep recession, says Jay N. Rollins.
Morgan Stanley will settle civil charges on overbilling with the SEC for $13 million.
Bank of America, PNC and JPMorgan all beat on the bottom line, while Wells Fargo at 96 cents was a bit shy of the $1 consensus.
Hedge funds saw their biggest loss of cash since the bull market began, even though they turned in its best performance in three years.
Strife is raging between Republicans over the next big piece of legislation: corporate tax reform.
The JPMorgan Chase CEO says he's glad Trump is appointing people with experience to his administration, Reuters reported.
If investing is a game of managing expectations, then count Wells Fargo a winner.
"JPMorgan is a totally defensible buy because it doesn't sell at a high multiple to earnings," Cramer says.
Philadelphia Federal Reserve President Patrick Harker did not comment on the outlook for U.S. monetary policy in a speech on economic mobility.
Delaying new rules over retirement planning will help U.S. bank profits, according to one expert.
Wells Fargo posts fourth-quarter earnings that missed on the top and bottom lines.
Record credit card sales helped move JPMorgan Chase's quarterly earnings well past analysts' expectations.
Some of the names on the move ahead of the open.
Bank of America said it expects a "significant increase" in net interest income for the current quarter.
BlackRock, the world's largest asset management firm, reports mixed fourth-quarter results.
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