Stocks surged on Thursday after the Fed said it would be patient in increasing rates and as oil rose.» Read More
Deutsche Bank posted a 98 percent drop in quarterly pre-tax profit to 18 million euros ($24.81 million), below the lowest expectations.
The U.S. Department of Justice appeared to have struck gold last week with the law it wielded against one of the nation's largest banks.
Happy Monday. For those stuck in a time warp after spending the weekend waiting online to sign up for Obamacare, yes, the new week is here already.
Rebecca S. Mairone, a midlevel executive at Bank of America's Countrywide mortgage unit, was held liable by a federal jury in Manhattan.
JPMorgan Chase & Co reached a $4 billion settlement with the regulator of Fannie Mae and Freddie Mac.
Blackstone, the largest investor in single-family rental homes, is launching a security backed by those homes.
Who are the contenders for the "Funniest Person in Finance?" Bankers, financial advisors and hedge-fund managers ... oh my!
Pinterest worth near-$4 billion, without a dollar of revenue to speak of, while Amazon posts another profitless quarter, and Wall Street loves it.
Google is now the most widely held stop among equity mutual funds, passing Apple to take the top spot, according to research from Morningstar.
The Fed proposed that big banks keep enough cash, government bonds and other high-quality assets on hand to survive during a severe downturn.
At least nine banks face investigations by the U.S. Department of Justice into their sales of mortgage-backed securities. The FT reports.
When you have banks of unprecedented size, you have to expect unprecedented fines.
Seemingly unaffected by the end of the 16-day partial U.S. government shutdown, mortgage applications barely moved last week.
As JPMorgan Chase braces for an expected $13 billion settlement over its mortgage-securities sales, it's keeping an eye on one key player.
Wall Street firms like JPMorgan and Goldman Sachs may have to make cuts in the face of new regulation and the gridlock in Washington. NYT reports.
Happy Jobs Tuesday, which has such a wrong ring to it, but we must adapt and persevere.
The potential settlement may go a long way toward appeasing anger at the big banks but probably won't help consumers get a mortgage.
JPMorgan chief Jamie Dimon says it’s worth $13 billion to get past the securities fraud cases, but some think the fine is too harsh.
Stocks finished narrowly mixed in lackluster trading Monday, after the S&P 500 hit another record high and as investors were reluctant to make big bets ahead of the September government jobs report.
"We end up buying things that had been disappointing for others," says Oakmark's Bill Nygren.