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Wells Fargo, which has set aside the least money for legal costs among the four biggest U.S. banks, will conduct an internal review of its ethics as the industry grapples with a surge in probes and lawsuits.

Goldman Sachs Group and Deutsche Bank AG are among five Wall Street firms in addition to JPMorgan Chase whose hiring practices in China are being probed by U.S. regulators, the New York Times reported.

The ongoing debate over community bank consolidation also extends to big shareholders. While most prefer to see deals, there are a few who argue that well-run banks can stay independent.

The new hires are part of the wealth manager’s campaign to boost its sales force and add private and mortgage bankers and other professionals in key wealth markets by the end of 2014.

The largest U.S. banks are pushing back against the Fed's ambitious vision to build a ubiquitous electronic retail payments network that would move money far faster than banks do today.

Deutsche Bank AG, Europe’s biggest investment bank by revenue, barred multi-party chat rooms at its fixed-income and currency trading businesses as regulators continued punishing banks for alleged rate-rigging.

Deutsche Bank AG and Royal Bank of Scotland Group are among six companies fined a record 1.7 billion euros ($2.3 billion) by the European Union for rigging interest rates linked to Libor.

Wall Street banks, which already shut proprietary trading units that helped fuel record profits, are girding to learn next week how much revenue the Volcker rule may cut from the $44 billion they say comes from market-making.

The Private Client Reserve hired a former Mayo Clinic executive to join the healthcare solutions team as vice president and healthcare banking specialist in Minneapolis.

If you are a small bank willing to sell for cash, there's an increasing chance a large credit union might be interested in making you an offer.

FINRA barred Fernando Arevalo and Jimmy Caballero, two brokers at JPMorgan Chase Securities, for stealing $300,000 from an elderly widow with diminished mental capacity.

JPMorgan Chase and Goldman Sachs Group, the world’s biggest trading firms, had their revised capital plans for 2013 cleared by the Federal Reserve on Monday, a month before next year’s submissions are required.

The bank said the U.S. government’s move to add one of its executives as a defendant in a fraud lawsuit suggests retaliation after the bank said it was suspending settlement negotiations.

Northwest Savings Bank in Warren, Pa., has agreed to acquire a financial advisory firm and an employee benefits and consulting insurance company.

After holdings of U.S. debt surged to a record $1.89 trillion in 2012, lenders from Citigroup to Bank of America and Wells Fargo are culling for the first time in six years and amassing dollars.

Bank of America, the second- biggest U.S. lender, agreed to pay government-backed Freddie Mac $404 million to resolve mortgage-repurchase claims.

JPMorgan Chase’s reported attempt to get the FDIC to pay part of its settlement with the government is yet another chapter in a long-running dispute over the 2008 resolution of Washington Mutual.

"There aren't enough people going into the industry to replace those who retire," Scott Curtis, president of Raymond James Financial Services, told some 200 program managers and bank advisors at the event in Orlando.

"We're not maniacally focused on how many advisors we have affiliated with the firm," said Scott Curtis, president of Raymond James Financial Services. "Our focus is on asset growth and helping you to be more productive."

Banks and credit unions are paying advisors more for fee-based business, according to a new report from Kehrer Saltzman & Associates.