Wells Fargo says regulator has lifted a key penalty tied to its 2016 fake accounts scandal
Wells Fargo said Thursday one of its primary regulators has lifted a key penalty tied to its 2016 fake accounts…
Big banks have drastically cut overdraft fees, but customers still paid $2.2 billion last year
The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators…
NYCB woes reignite fears about shaky banks as anniversary of March crisis nears
Embattled lender New York Community Bank disclosed a litany of financial metrics in the past 24 hours in a bid…
Goldman Sachs tops revenue estimates on better-than-expected asset management results
Goldman Sachs on Tuesday posted fourth-quarter results that topped analysts’ expectations on better-than-expected asset and wealth management revenue. Here’s what…
Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank’s results and…
Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting
Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago, as the bank warned that net…
JPMorgan Chase profit falls after $2.9 billion fee from regional bank rescues
JPMorgan Chase said Friday that fourth-quarter profit declined after paying a $2.9 billion fee tied to the government seizures of…
