Company: Wells Fargo & Company

Over a quarter of shareholders casting votes voiced opposition to the remuneration report of British bank Barclays, as investors expressed discontent over the 17 million pounds ($27.5 million) pay package handed to CEO Bob Diamond last year.

When David Wegner went looking for a checking account in January, he was peppered with offers for low-end financial products, including a prepaid debit card with numerous fees, a short-term emergency loan with steep charges, money wire services and check-cashing options.

HSBC is under investigation by a U.S. Senate panel in a money-laundering inquiry, the latest step in a long-running U.S. effort to halt shadowy money flows through global banks, according to people familiar with the situation and a company securities filing.

Of the major headwinds facing banks—weak loan growth, low rates and new regulations—dealing with the regulatory impact is proving the easiest.

Of the major headwinds facing banks—weak loan growth, low rates and new regulations—dealing with the regulatory impact is proving the easiest.

Analysts expect that volatility and correlation will continue to afflict markets in the year to come, the New York Times reports.

As Europe struggles with its debt crisis, U.S. businesses and financial firms are swooping in amid the distress, making loans and snapping up bank-owned assets. The New York Times reports.

Wells Fargo is lowering the interest rates on its student loans. But families should think twice before jumping at the offer.