The Biden administration’s pick for comptroller of the currency, law professor Saule Omarova, says her criticism of t...
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Getting the right balance between risk management and entrepreneurial spirit won’t be easy for the bank’s new chairma...
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Jes Staley is gone from Barclays, but his successor will carry on his signature strategy of betting big on the U.K.’s...
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Mortgage companies issued $21 billion of mortgage-backed bonds in October, the second heaviest month of borrowing sin...
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Jes Staley did what he came to do, but successor C.S. Venkatakrishnan will still need to solve the long-running conun...
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The bank says it has committed $13 billion in loans and spending, with the bulk going to affordable housing.
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Recent results have been good from UBS but despite consistent delivery, its shares trade just slightly above tangible...
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The bank’s $2 billion buyback shows its confidence that it will capture Asian growth and be insulated from any Evergr...
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Company agreed to pay $475 million and forgive $200 million Mozambique owes to investors in coordinated settlements w...
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The Wall Street bank said third-quarter profit jumped 60% to $5.38 billion as its investment bankers had their second...
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The bank freed up $2.1 billion it had set aside for bad loans. Revenue was essentially flat at $29.65 billion.
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The combined entity will boast more than $50 billion in assets and creates one of the largest banks with headquarters...
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Bank profits are expected to plateau, exposing weak growth in banks’ core businesses.
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The tech giant had joined with Citigroup and other banks on “Plex” accounts that would sync with Google Pay.
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China Evergrande plans to raise about $1.5 billion by selling most of its minority stake in a Chinese bank to a state...
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Deals totaling more than $54 billion have been announced this year, up from about $17 billion at this time last year.
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Recently disclosed market activity of two Fed regional bank leaders has not only spurred calls for new restrictions o...
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The deal, in which U.S. Bancorp will buy MUFG Union Bank’s core regional banking franchise for about $8 billion in ca...
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Beijing’s pressure on the real-estate sector is being widely felt, raising questions about how much economic pain Chi...
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The bank is adding two executives to reinvigorate its online investing platforms, which lagged behind rivals during t...
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Kevin Sneader will serve as Asia co-president alongside Todd Leland.
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Disruptions in Afghanistan’s money-moving apparatus are choking off a key source of income for ordinary Afghans.
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Efforts by the new breed of financial entities, if successful, could create more competition for traditional banks.
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A U.S. investigation into Deutsche Bank’s asset manager DWS is an important first step in the crackdown on ethical-in...
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Two major U.S. money-transfer services have suspended payments into Afghanistan, and American banks are more closely ...
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Cash and short-term investments on corporate balance sheets rose in the second quarter.
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NAB, one of the four dominant banks in Australia, will pay Citigroup about $184 million for its book of consumer mort...
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The bank’s first-year analysts in the U.S. will now make $110,000, up from $85,000.
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At JPMorgan and Bank of America, undrawn credit commitments total nearly $1 trillion, a 20% increase from a year ago.
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The bank’s Archegos position is finally cleared, but more needs to be done to persuade investors that the lender is o...
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Citizens, based in Providence, R.I., said it would pay 0.297 share and $1.46 in cash for each share of New Jersey-bas...
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Keeping busy in capital markets has helped Barclays and Deutsche Bank deliver steady performances through the pandemi...
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The board of the largest U.S. bank gave its chief executive new stock options as a retention bonus, signaling that it...
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Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how ...
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With markets calmer than a year ago, trading revenue fell at both firms. But investment bankers continued to turn in ...
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The bank continued to free up money it had set aside last year to prepare for the Covid recession.
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JPMorgan, Goldman Sachs and other big banks are expected to report large second-quarter gains this week, though tradi...
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Biogen based the annual price of the drug on a 163-pound patient. A healthcare researcher says many Alzheimer’s patie...
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The agency recommended Aduhelm be prescribed only for patients in early stages of the disease, a move that could redu...
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