Moynihan Remains BofA Chairman After Vote, Fends Off Critics
Bank of America CEO survives campaign by pension funds to split his roles.
12 Best & Worst Broker-Dealers: Q2 Earnings, 2015
The financial sector boosted income 7% on average in the latest period as sales jumped 19% from a year ago.
Fidelity National Agrees to Buy SunGard for $9.1 Billion
The deal combines a banking and payment firm with a software maker, while pushing Fidelity into the wealth space.
Treasury Securities Dealers Accused of Collusion in Lawsuit
Bank of America and Goldman Sachs are among 22 financial companies accused of colluding to rig Treasury securities auctions in a lawsuit filed by investors.
BofA Takes ‘Giant Step’ as Mortgages, Cost Cuts Fuel Profit
The news follows CEO Moynihan's remarks in May that the firm would have to cut costs further in its trading division.
JPMorgan Profit Beats Analysts’ Estimates as Expenses Drop
The bank boosts net income despite a drop in revenue amid sluggish fixed-income trading.
Six Banks to Pay $5.8 Billion, 5 Plead Guilty to Market Rigging
The charges and settlement are tied to the banks' manipulation of foreign-exchange trading, according to the Justice Department.
UBS to Plead Guilty on Libor, Settle Currency Probe With Fed
UBS Group AG will pay $545 million to settle U.S. investigations into its role in manipulating currency and interest rates, removing two of the bank’s biggest legal hurdles.
12 Best & Worst Broker-Dealers: Q1 Earnings, 2015
Here’s how some of the biggest firms’ earnings compared over the first quarter.
U.S. Set to Rip Up UBS Libor Accord, Seek Conviction
The Swiss-based bank faces both interest-rate rigging and currency-market manipulation probes.