Apr 7, 2014 Big banks profits are not expected to be as strong as they have been.
Apr 12, 2013 Since the financial crisis, JPMorgan Chase and Wells Fargo have reported healthy report quarterly earnings. So can we finally stop worrying about the health of our financial system?
Jan 11, 2013 Investors have high expectations for Wells Fargo -- the first big bank to report fourth-quarter results -- after turning in nearly three years of solid earnings.
Jul 13, 2012 After the Justice Department announced a $175 million settlement with Wells Fargo for alleged discrimination against thousands of African American and Hispanic borrowers, the bank looks to cease operations with independent mortgage brokers, whom they blame for the prejudicial lending.
Apr 13, 2012 The two major banks beat expectations with JPMorgan reporting a $5.4 billion profit last quarter, and Wells Fargo making a $4.2 billion profit. Both said an uptick in mortgage lending helped their bottom lines.
Heidi N. Moore
Mar 13, 2012 Turns out American banks are in a much better position financially than we thought.
Heidi N. Moore
Jan 17, 2012 Wells Fargo and Citigroup reported earnings today, and both were doing well until October, when Europe's debt crisis started to take its toll.
Jan 17, 2012 Wells Fargo announced a 20 percent yearly profit today, making money on its mortgage business. But Citigroup stumbled as trading revenue dips for stocks and bonds.
Feb 10, 2011 The U.S. Labor Department this morning announced weekly jobless claims fell to 383,000, the lowest level in nearly three years....
Dec 15, 2010 Federal agencies are beginning to shape the rules under Congress's financial overhaul, also known as the Dodd-Frank law. Regulators want to require...