Bank of America says its second quarter earnings were hit by higher litigation expenses.
If you have a mortgage serviced by Citigroup, you and roughly 1 million other homeowners could be eligible for some type of mortgage assistance.
JPMorgan Chase says its second-quarter profit fell 8 percent on a drop in trading of bonds and currencies hit revenue in its securities trading business.
Earnings reports come this week from two big banks (Citigroup and Bank of America) and two search giants (Yahoo! and Google).
Citigroup will pay roughly $7 billion to settle an investigation into risky subprime mortgages, the type that helped fuel the financial crisis.
Germany's Commerzbank is expected to pay up to $800 million to resolve investigations into its dealings with Iran and other countries under U.S. sanctions.
Comcast has a lot riding on more fun with Harry Potter, and newsworthy quarterly earnings reports come from WD-40, Wells Fargo, Family Dollar and Penford.
BNP Paribas, France's largest bank, is just the latest European bank to find itself in the hot seat by the Justice Department for its actions stateside.
BNP Paribas agrees to pay almost $9 billion to resolve accusations that it had violated U.S. sanctions against Sudan, Cuba and Iran.
The Justice Department is expected to announce a settlement with BNP Paribas involving a record fine of $9 billion for alleged U.S. sanctions violations.
New York state's attorney general files a securities fraud lawsuit against Barclays , accusing the British bank of giving an unfair edge to certain clients.
There are probably billions of dollars in seemingly obsolete foreign currency in the U.S. just waiting to be found and converted into cold hard cash.
Merrill Lynch was fined $8 million and will reimburse $24.4 million to customers to settle allegations that it overcharged more than 47,000 customers.
Bank of America and the government have reached an impasse in negotiating a multibillion-dollar settlement related to the bank's mortgage investments.
Bank of America could pay $12 billion to settle probes by the Justice Department and several states into the bank's alleged handling of shoddy mortgages.
Will the conservatives in Congress who hate the Consumer Financial Protection Bureau manage to prevent it from protecting U.S. consumers? They'll sure try.
Mortgage servicers are agreeing to ease terms of borrowers' underwater loans, but some are demanding that homeowners promise not to insult them publicly.
The housing crisis ended several years ago, but millions of Americans are still stuck in homes they can't unload.
Credit Suisse's guilty plea in a high-profile case is being held out as a warning to foreign banks believed to be helping U.S. taxpayers conceal assets.
Thanks to the federal government and its policies of continual quantitative easing, the average American is $2,414.46 poorer than he or she should be.
JPMorgan Chase, Bank of America, Citigroup and Barclays are are among the large firms struggling with investment banking. Their big problem is with bonds.
New York state's banking regulator is seeking hundreds of millions of dollars from Credit Suisse in its probe of tax evasion involving the Swiss bank.
BNP Paribas and Credit Suisse Group have appealed to U.S. authorities to allow their local subsidiaries to plead guilty to criminal charges they face.
Americans with a 4-year college degree will end up earning $800,000 more during their lifetimes than those with only a high school degree, a report shows.