BofA Q2 Earnings Tumble on $4 Billion Expense for Litigation
Bank of America spent $4 billion in the second quarter to cover litigation costs, including a mortgage settlement with American International Group.
JPMorgan Investors Show Support for Dimon in Cancer Fight
JPMorgan Chase CEO Jamie Dimon will start treatment for throat cancer, raising new questions about succession plans at the biggest U.S. bank.
Pandit’s Exit Means End of ‘Shock and Awe’ Era: Bank Analyst
The heyday of volatility at the big banks could be replaced by a "boring" period, says SNL Financial's Nancy Bush.
Eurozone Fears Drive U.S. Bank Stress Test
The Federal Reserve will stress-test the 31 largest U.S. banks, those with at least $50 billion in assets, in an attempt to restore confidence in the country's banking system, and the six largest must also pass tests of their trading operations.
Krawcheck Out in BofA Reorg
Bank of America said in early September that wealth-management head Sallie Krawcheck was leaving the company as part of a major reorganization of the bank and its operations.