banking sector

Big Banks Could Lose $185 Billion Next Year

Big banks risk losing as much as $185 billion in the next 12 months as account holders say no to being nickeled and dimed, according to a new report

Inside JPMorgan Chase's Earnings

JPMorgan Chase reported a second-quarter profit of $5.4 billion, or $1.27 per share this morning, up from $4.8 billion, or $1.09 per share a year ago. Digging into the earnings supplemental, we can see how -- as in previous quarters -- JPMorgan's investment bank carried the company's overall results.

Bank of America Hit With Foreclosure Lawsuit

Investors Extend Talks With Bank of America Over Mortgage Bonds

Bailouts Earn $35 Billion for U.S. Taxpayers

U.K. Banks Face Government Levy

State Street to Cut 1,400 Jobs

WikiLeaks to Reveal U.S. Bank Documents Next

WikiLeaks strikes again, taking aim this time at U.S. banks. The site says it plans to release tens of thousands of internal documents from a major U.S. bank early next year.

FDIC Confirms Good News, Bad News for U.S. Banks

The financial headlines of the last several months have shown large banks making near-record profits, and small banks being closed at a pace of three or four per week. The FDIC has released its comprehensive report on the industry for the third quarter, and it confirms that fairly positive assessment.

FDIC Sues Former Directors of Failed Illinois Bank

China's ICBC Buys Fortis U.S. Unit for $1

Bank of America Reportedly Planning Layoffs

Bank of America Considers Tiered Fee Structure

Wilbur Ross, Carlyle Will Buy Ireland's Education Savings Bank

Bank of America Could Sell Some Non-Core Assets

The nation's largest bank is reportedly considering a plan to sell or wind down several non-core assets that could be worth more than $100 billion. Bank of America collected $10 billion in the second quarter after the sale of several other assets.