In parallel with this earnings optimism, HSBC has withdrawn from the Net-Zero Banking Alliance (NZBA), following exits by several major US banks including JPMorgan, Citi, and Morgan Stanley, as ...

Bank was losing millions of dollars a month on card launched with Bilt.

The S&P 500 and the Nasdaq Composite rose modestly to post record closing highs on Thursday, boosted by an upbeat forecast ...

Investment banking activity picked up in the second half of this quarter, allowing dealmakers to be more optimistic about the ...

Major U.S. banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in ...

Major U.S. banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in ...

Investing.com -- Raymond James downgraded Wells Fargo (NYSE: WFC) to Market perform, saying the stock’s recent rally has ...

Wall Street is coming off a holiday-shortened week during which the S&P 500 and Nasdaq Composite posted fresh all-time highs.

Wall Street's biggest banks rose in morning trading on Monday after sailing through the U.S. Federal Reserve's annual health ...

The Dow Jones Industrial Average rose 442.88 points, or 1.05%, to 42,762.62, the S&P 500 gained 61.02 points, or 1.03%, to 6,000.32 and the Nasdaq Composite gained 231.50 points, or 1.20%, to ...

S&P Global upgraded its outlook on Wells Fargo to "positive" from "stable", the ratings provider said on Friday, after the U.S. bank was released from a $1.95 trillion asset cap earlier this week.

Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a $1.95 trillion asset cap by regulators on Tuesday, he became emotional.