by LearnVest Jun 24th 2014 6:00AM
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.
JPMorgan Chase, Bank of America, Citigroup and Barclays are are among the large firms struggling with investment banking. Their big problem is with bonds.
Mortgage finance firms Fannie Mae and Freddie Mac will send the U.S. Treasury dividends totaling $10.2 billion after posting quarterly profits.
Disappointing earnings and mounting tensions along the Russian-Ukraine border sent stocks sharply lower Friday, giving back all of their gains for the week.
Goldman Sachs reports an 11 percent drop in quarterly profit, but both earnings and revenue beat market estimates.
Important quarterly earnings reports are expected from the nation's largest banks, a colorful auto insurer and a retailer that five years ago traded as a penny stock.
A new U.S. Chamber of Commerce study shows that shareholders make only pennies on the dollar when suing companies over stock losses. The only real winners are the lawyers.
You might also want to add this to marriage vows: in wealth or in poverty. The average wedding last year cost a record $30,000, and that doesn't include the honeymoon.
Tech startups like Estimize and Robinhood are set to disrupt the financial services industry, with an eye to conquering Wall Street.
Walmart Stores sued Visa for allegedly conspiring with banks to fix transaction fees, the latest salvo of a multiyear legal fight between retailers and card issuers.
General Electric filed for an initial public offering of its North American consumer lending business as part of CEO Jeffrey Immelt's effort to reduce credit risks.
A federal judge ordered former Goldman Sachs bond salesman Fabrice Tourre to forfeit a $175,000 bonus and pay a $650,000 fine for misleading investors.
Goldman Sachs reports a 21 percent drop in quarterly profit as revenue from fixed-income trading fell.
JPMorgan reported a 7.3 percent drop in quarterly profit it paid penalties to the government for not reporting suspicions of fraud by client Bernie Madoff.
From a parade of bankers' earnings to Pizza Hut rolling out a new crust, here are some of the things that will help shape the week ahead on Wall Street.
Just because Bernie Madoff will spend the rest of his life in jail doesn't mean that we're safe from investment cons. Here's how to recognize the next Ponzi schemer you meet.
JPMorgan Chase agrees to pay $1.7 billion to settle criminal charges accusing the bank of ignoring obvious warning signs of Bernard Madoff's massive Ponzi scheme.
JPMorgan Chase is nearing a $2 billion settlement with federal authorities to resolve suspicions that the bank ignored signs of Bernard Madoff's Ponzi scheme, a report says.
Beer consumption has been steadily declining over the past few years, with drinkers giving the cold shoulder to some very well-known brand names.
The U.S. manufacturing sector is forecast to grow again next year, with both revenue and investment increasing, an industry report shows.