Goldman Sachs says its second-quarter profit doubled, boosted by a surge in stock and bond underwriting.
Federal prosecutors head to trial against a former Goldman Sachs bond trader in a case it says highlights what went wrong on Wall Street in the financial crisis.
When markets start to buck and plunge -- as they're doing now -- many investors get nervous, and want their financial adviser to check in. Most aren't getting what they need.
The chairman of the Securities and Exchange Commission says the agency will start requiring companies and individuals to admit wrongdoing in some big settlements.
It's tempting to want a financial adviser who sounds sure of his advice. But a new study shows how being overconfident lets them get away more easily with being wrong.
Goldman Sachs employees earn stellar bonuses, even by Wall Street's standards. But now, bonuses will be tied to more than earnings; they'll also be tied to avoiding bad PR.
Jamie Dimon has maintained his dual role at JPMorgan Chase, after shareholders at the firm's annual meeting voted down a proposal to split the positions of CEO and chairman.
Technology has made it easier than ever to keep constant tabs on every detail of your investments. But do you really need to micromanage your portfolio all day, every day?
Bloomberg customers were examining whether there could have been leaks of confidential information, even as the media company restricted its reporters' access to client data.
JPMorgan Chase Chairman and CEO Jamie Dimon said he may consider leaving the bank where he has held the top post since 2005, if shareholders vote to split his duties.
JPMorgan Chase has been sued by the state of California for allegedly using robo-signing and other illegal practices to collect debts from 100,000 credit card holders.
California's attorney general has sued JPMorgan Chase, alleging that used illegal tactics in its efforts to collect debts from more than 100,000 credit card holders.
Hedge fund manager Anthony Scaramucci has elevated his Skybridge Alternatives confab in Vegas into a conference of big ideas.
The latest federal inquiry to focus on JPMorgan Chase bears uncomfortable similarities to one of the most notorious chapters in U.S. business history: the Enron scandal.
Morgan Stanley says profit and revenue dropped in the first quarter, though the results beat Wall Street expectations.
Bank of America says it will pay $500 million to settle a class-action lawsuit involving investors who say they were misled in their purchase of mortgage-backed investments.
Credit card company American Express Co.'s quarterly revenue came in below analyst expectations as cardmember spending growth remained muted.
Bank of America's profit soared in the first quarter, helped by mortgages and wealth management, but revenue fell and profits missed expectations.
Regulators plan to fault JPMorgan Chase, which served as Bernie Madoff's main bank for two decades, for failing to report suspicious activity, a source says.
U.S. Bancorp's first-quarter net income rose 7 percent as lower costs offset falling revenue, shy of most Wall Street predictions.
Wells Fargo reports a 23 percent jump in first-quarter profit as the bank set aside less money to cover bad loans and it held down costs.
JPMorgan Chase, the country's biggest bank by assets, says its first-quarter earnings soared to $6.1 billion, even as revenue fell slightly.
At least three wealth management firms marketing themselves as objective financial advisers are getting payments for investing their clients' money in certain mutual funds.
Only a quarter of women feel confident about making investment decisions, compared to nearly half of men who do. ING and Girls Inc. have a plan to close that confidence gap.