Asia stocks rise on heels of new Dow record high
Asian stock markets mostly gained Wednesday on the heels of a record high on Wall Street as traders waited for the latest Federal Reserve meeting ...
Dow Jones average closes at another record high
Materials and energy companies led the stock market higher Tuesday, sending the Dow Jones industrial average to its second all-time high in a week.
Asian stocks up, Japan's Nikkei extends gains
Japan's benchmark stock index rose for a fifth straight day Tuesday, extending a rally sparked last week after the Bank of Japan announced a bold ...
Bernanke notes 'stress tests' show stronger banks
The Federal Reserve's annual "stress tests" of major U.S. banks have become better able to detect risks, Chairman Ben Bernanke said Monday night.
Stocks edge higher as earnings reports begin
Investors are having a hard time making up their minds. The stock market extended its longest period of indecision in nearly 15 years Monday.
Senate confirms White to head SEC
The U.S. Senate has confirmed Mary Jo White's nomination as chairman of the Securities and Exchange Commission, making her the first former prosecutor ...
MF Global trustee criticizes Corzine, execs
A trustee overseeing MF Global says a risky trading strategy and "negligent conduct" by former CEO Jon Corzine and his top managers contributed to the ...
Banks win dismissal of most rate-rigging claims
A group of banks including Bank of America and JPMorgan Chase have won dismissal of most of the claims in private lawsuits alleging that they rigged ...
Freddie accuses big banks of rigging lending rate
Freddie Mac has sued 15 big international banks, including JPMorgan Chase, Bank of America and Citigroup, accusing them of rigging a key interest rate ...
JPMorgan, MF Global trustee reach agreement
JPMorgan Chase has agreed to a deal that will return $546 million to former customers of trading firm MF Global Holdings Ltd., which collapsed in 2011 ...
JPMorgan clamps down on fees from payday lenders
JPMorgan Chase said Wednesday that it will take steps to protect its customers from fees and other charges that payday lenders may slap on them.
Ex-JPMorgan execs pressed about trading loss
Two former high-ranking executives at JPMorgan Chase faced tough questions from senators Friday about why the bank played down risks and hid losses ...
US stocks close lower, ending Dow's 10-day rally
U.S. stock markets fell Friday, ending the longest winning streak for the Dow Jones industrial average in nearly 17 years. The Dow dropped 25.
Citigroup pays new CEO Corbat $12.4M in 2012
Citigroup awarded its new CEO, Michael Corbat, a total of $12.4 million last year. That's 17 percent less than the $14.9 million his predecessor, ...
Fed: JPMorgan, Goldman need better capital plans
JPMorgan Chase and Goldman Sachs need better plans for coping with a severe recession, the Federal Reserve said Thursday, giving the banks until ...
Dell committee defends $24.4B sale as best choice
The Dell Inc. committee that negotiated the slumping PC maker's $24.4 billion buyout is standing behind the deal despite the misgivings of major ...
JPMorgan to scale back troubled-mortgage jobs
JPMorgan will trim about 19,000 jobs over the next two years but cast a positive spin on the news: It is shrinking the unit it had beefed up to handle ...
Tribune hires advisers to field newspaper bids
Tribune Co. says it has hired investment banks JPMorgan Chase & Co. and Evercore Partners to help it sell its newspapers, which include the Chicago ...
US 4Q bank earnings up 37 pct as lending rises
Profits at U.S. banks jumped almost 37 percent for the October-December period, reaching the highest level for a fourth quarter in six years as banks ...
5 big US banks have cut mortgage debt by $19B
Five of the biggest U.S. banks have cut struggling homeowners' mortgage balances by $19 billion, part of a total $45.8 billion in relief provided ...
CEO of scandal-ridden UK bank sets new tone
Be honest. Or be gone. That's the message from the new chief executive at Barclays, the British bank that paid a $453 million fine for manipulating ...
Fines levied against RBS in rate-fixing scandal
Britain's Royal Bank of Scotland became the third major bank to be caught up in a global probe of interest rate manipulation Wednesday, but what makes ...
UK declares new powers to break up banks
Britain's treasury chief warned the country's banks on Monday that they face being broken up if they fail to protect their retail operations from ...
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