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  • What does sudden CFO exit mean for BofA? Tuesday, 28 Jul 2015 | 11:04 AM ET
    Brian Moynihan

    The New York Times explores the environment at Bank of America that led to Thompson's departure and what lies ahead.

  • July 16- U.S. stock index futures rose on Thursday as investors welcomed Greek parliamentary approval of a bailout plan and on strong results from Netflix and Intel overnight. *Netflix's shares jumped 11 percent to $109 premarket a day after the company added nearly a third more subscribers than expected in the second quarter. *Goldman Sachs and Citigroup are...

  • US STOCKS-Wall Street edges lower as energy weighs Wednesday, 15 Jul 2015 | 4:23 PM ET

    *Bank of America rises after profit more than doubles. "We were positive the whole day and we sort of lost our gains right at the tail end," said Phil Orlando, chief equity market strategist at Federated Investors in New York. "If crude were to be going down, that would mean there is an assumption this deal may get through Congress or the President's veto won't get...

  • *Bank of America rises after profit more than doubles. Brent settled down $1.46 at $57.05 while U.S. crude settled down $1.63 at $51.41 a barrel. The group was buoyed by a 3.4 percent rise in Bank of America to $17.72 and a 3.7 percent gain in U.S. Bancorp to $45.51 after their quarterly results.

  • Govt lifts 'robosigning' restrictions on certain banks Wednesday, 17 Jun 2015 | 11:00 AM ET
    Pedestrians walk in front of Wells Fargo headquarters in San Francisco, California.

    Restrictions against some firms stemmed from foreclosures that had not actually been reviewed before signing.

  • US Bancorp CEO: We're excited for higher rates Tuesday, 9 Jun 2015 | 4:04 PM ET
    Richard Davis

    With the Fed expected to raise rates later this year, U.S. Bancorp is bracing for a bump in its lending and savings businesses.

  • U.S. Bancorp CEO: Rate hike spurs loans & savings Tuesday, 9 Jun 2015 | 3:31 PM ET
    U.S. Bancorp CEO: Rate hike spurs loans & savings

    CNBC's Mary Thompson sat down for an exclusive with Bancorp CEO Richard Davis, who said he believes rising rates will spur loans and savings.

  • NEW YORK, May 31- General Electric Co has launched the sales process for a roughly $40 billion portion of its U.S. commercial lending assets as a part of its broad retreat from its finance businesses, sources familiar with the situation said on Sunday. Toronto-Dominion Bank, CIT Group Inc, Ally Financial Inc and Wells Fargo& Co are among the potential bidders for the...

  • May 28- Top U.S. solar installer SolarCity Corp on Thursday said it has partnered with Bank of America on a $200 million fund that will enable smaller investors such as regional banks to finance the company's residential solar systems. The move is aimed at bringing new capital into the fast-growing rooftop solar industry and ultimately reducing the cost of...

  • In the first, Forrest rejected an attempt by funds from BlackRock Inc, Allianz SE's Pacific Investment Management Co and TIAA-CREF to hold US Bancorp liable for alleged defects in 843 RMBS trusts collateralized by $778.6 billion of loans, causing tens of billions of dollars of losses. Separately, Forrest said the National Credit Union Administration lacked...

  • May 15- Warren Buffett's Berkshire Hathaway Inc on Friday said it has boosted its holdings in some of the billionaire's favorite companies, including Wells Fargo& Co and International Business Machines Corp.. Buffett has long praised his "Big Four" stock holdings Wells Fargo, IBM, Coca-Cola Co and American Express Co, which comprise roughly 58 percent of...

  • Chinese banks are clobbering the US: Bove Thursday, 30 Apr 2015 | 2:20 PM ET
    Dick Bove

    China's banks are taking over the world, or at least pushing their U.S. counterparts out of the leadership role, analyst Dick Bove says.

  • This credit card issuer named best for small biz Wednesday, 22 Apr 2015 | 10:38 AM ET
    small business credit card

    Every major credit card company uses personal credit data to determine whether a business is eligible for a credit card, a CardHub study finds.

  • A trader works on the floor of the New York Stock Exchange.

    U.S. stocks closed mixed, mostly failing to hold momentum from Monday, as investors reacted to individual earnings reports of major companies.

  • Grexit fears in Europe cause flight to safety Friday, 17 Apr 2015 | 10:22 AM ET
    Traders on the floor of the New York Stock Exchange.

    Investors piled into safe harbors as fears rose over a Greek exit on Friday, sending bond yields tumbling.

  • 5 biggest banks now own almost half the industry Wednesday, 15 Apr 2015 | 2:33 PM ET
    Bank of America

    Too big to fail banks, instead of getting smaller, are pretty much taking over the financial universe.

  • These companies are the real earnings bellwethers Wednesday, 15 Apr 2015 | 8:00 AM ET
    Traders gather at the post that trades IBM on the floor of the New York Stock Exchange, October 20, 2014.

    Investors long looked to Alcoa and Intel as earnings bellwethers, but that view is outdated. These companies are the best read on earnings.

  • What matters to markets Wednesday Wednesday, 15 Apr 2015 | 7:00 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Early morning earnings reports from major financial companies and a few economic reports could set the tone for Wednesday's markets.

  • Blast of financial earnings, oil and economics Wednesday, 15 Apr 2015 | 6:02 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Early morning earnings reports from major financial companies and a few economic reports could set the tone for Wednesday's markets.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed mixed on Tuesday as investors digested the first of the major earnings reports and moderate economic data.