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By Laura Marcinek and Donal Griffin, Bloomberg |
April 19, 2013
Bank of America Corp. and JPMorgan Chase & Co. led the six largest U.S. banks in boosting combined first-quarter profit 45%. Investors dumped the stocks.
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By Lorraine Woellert, Bloomberg |
March 19, 2013
New U.S. home construction rose in February and building permits climbed to the highest level in almost five years, adding to signs of progress in the housing market that’s helping boost the economy.
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By Alex Kowalski, Bloomberg |
January 25, 2013
Purchases of new U.S. homes unexpectedly decreased in December, a temporary blemish as the industry wrapped up its best year since 2009 to emerge as a bright spot for the economy.
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By Zachary Tracer, Bloomberg |
January 7, 2013
Bank of America Corp., the second-biggest U.S. lender by assets, agreed to pay Fannie Mae $3.6 billion to resolve home-loan repurchase claims.
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By Howard Mustoe and Gavin Finch, Bloomberg |
November 5, 2012
HSBC Holdings Plc said it’s likely to face criminal charges from U.S. anti-money laundering probes and the cost of a settlement may “significantly” exceed the $1.5 billion the bank has set aside.
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By Steve Zwick |
November 1, 2012
Corzine may have moved rogue trading to the boardroom, but that’s only the latest in a line of offenses.
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By Hugh Son, Bloomberg |
October 17, 2012
Bank of America Corp. reported third-quarter results that were better than some analysts predicted as capital levels improved, and the shares edged higher in New York trading.
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By Dakin Campbell, Bloomberg |
October 12, 2012
Wells Fargo & Co., the most valuable U.S. bank and largest mortgage lender, dropped 4 percent in New York trading after reporting a record third-quarter profit that was marred by narrower profit margins.
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By Rajhkumar K Shaaw, Santanu Chakraborty and Shikhar Balwani |
October 7, 2012
The plunge and rebound in Indian stocks that pushed the S&P CNX Nifty Index down 16 percent in eight seconds underscored concern about financial markets.
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By Nicholas Comfort, Bloomber |
August 27, 2012
Deutsche Bank AG, Europe’s biggest bank by assets, changed rules on bonuses to allow the company to claw back stock awarded to its workers by former employers.
