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.
Germany not only kicked Brazil's butt at the World Cup, but Germany's Adidas looks poised to beat Nike in scoring Manchester United's endorsement.
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.
In a ruling Monday, the Supreme Court made it tougher for investors to join together to sue corporations for securities fraud.
Goldman Sachs reports an 11 percent drop in quarterly profit, but both earnings and revenue beat market estimates.
Bank of America agreed to pay $9.3 billion to settle claims that it sold faulty mortgage bonds, helping the bank to end a legal headache left over from the financial crisis.
New York's top law enforcer has opened a broad investigation into whether U.S. stock exchanges and alternative venues provide high-frequency traders with improper advantages.
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.
Do stocks do better under Republican or Democratic presidents? Look at the returns, and the answer is clear - by a huge margin. But it's more complicated than you might think.
Just because a so-called expert gets paid to spout financial advice on TV, it's best not to let him make your investment decisions for you, no matter what school he went to.
Morgan Stanley reports a sharp fall in quarterly profit as the Wall Street bank posts a pre-tax loss of $1.1 billion.
The Justice Department is preparing to file civil fraud charges against Citigroup and Bank of America's Merrill Lynch unit over their sale of flawed mortgage securities.
Bank of America has agreed to pay $131.8 million to settle charges that its Merrill Lynch unit misled investors about mortgage securities it structured and sold.
The FDIC and Federal Reserve Board of Governors vote unanimously to approve the Volcker rule to restrict banks from trading for their own profits.
A U.S. judge is considering an alternative that may result in Bank of America paying much less than the government is seeking as a penalty for the sale of defective mortgages.
The U.S. Justice Department plans to bring mortgage fraud cases against several financial institutions early in 2014, Attorney General Eric Holder says.
Bank of America said it settled all claims with Freddie Mac arising from residential mortgages sold to the government-backed housing agency through the end of 2009.
The fallout from the subprime mortgage crisis continues to plague U.S. banks, which may be on the hook for billions more in legal fees.
The $13 billion deal struck between JPMorgan and the government is jaw-dropping not merely because of the amount of money involved but also because of how it came about.
JPMorgan Chase & Co said Friday it agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the housing market...
Like mutual funds, closed-end funds manage a portfolio of stocks, bonds or other securities, but it's important for investors to understand the difference.
Entrepreneurs and startup companies looking for backing will be able to solicit small investments over the Internet, under a new proposal unveiled by U.S. regulators.
After a strong start to the year, Wall Street firms are likely to see their profitability slow in the remainder of 2013, a report shows.