Finance

JPMorgan Chase will pay more than $300 million to settle U.S. allegations that it didn’t properly inform clients about reported conflicts of interest in how it managed customers’ money over a half decade.

With the decade-long wait for higher U.S interest rates finally ended, investors are piling into the dollar.

Analysis: Every time the Fed has raised rates over the past four decades, betting that longer-term Treasuries would outperform, short-term debt has proved to be a big winner.

There are still structural headwinds facing the U.S. economy that need a policy response far beyond what the central bank can implement.

Unlike the high-profile hacking incidents at big banks, smaller institutions have their own breed of threats such as cyberextortion that they must focus on in strengthening their security.

Chicago Fed President Charles Evans admits he "would prefer to have more confidence" that inflation is actually on the rise before voting to raise rates.

Deutsche Bank’s Swiss unit agreed to pay $31 million to receive a non-prosecution agreement in a U.S. probe of banks in Switzerland that helped Americans evade taxes.

With an interest rate hike from the Federal Reserve now widely expected to take place next month, some of the air has been firmly kicked out of yield plays' tires.

Federal Reserve officials stressed that policy should be tightened only gradually after interest rates are increased for the first time since 2006, with New York Fed President William C. Dudley saying the conditions for liftoff "could soon be satisfied."

The defendants laundered their “vast criminal proceeds” through at least 75 shell companies, according to the indictment.

Pimco fired back at Bill Gross, the co-founder who oversaw the firm’s ascent for 43 years, saying his lawsuit over his departure looks more like a screenplay than a legal filing and should be thrown out.

In a blow for RCS Capital, AR Capital and Apollo Global Management terminate a deal to buy the bulk of real estate investor Nicholas Schorsch’s holdings.

Federal Reserve Chair Janet Yellen and New York Fed President William Dudley both said the central bank could boost interest rates as soon as next month, while Fed Vice Chairman Stanley Fischer voiced confidence that inflation isn’t too far below the central bank’s goal.

Although millennials are less trusting of financial advisors than older investors, there are still ways for wealth management firms to court younger clients.

U.S. Senator Elizabeth Warren wants to restrict brokers from winning vacations, luxury cars and golf outings at the expense of retirees.

The Social Security Administration confirmed Thursday there will not be a cost of living increase for 2016 due to declines in consumer prices.

Deutsche Bank plans to sell its U.S. private-client brokerage unit, according to people briefed on the matter.

Swift CEO Gottfried Leibbrandt talks about how the global messaging network is looking to stay relevant to its bank members; the potential and limitations of blockchain technology; and his views on the startups looking to disrupt banking.

Compared with other recent breaches, the theft of 6,400 user email addresses and passwords on the American Bankers Association's website might seem like small potatoes. But experts said the attack — the first in the association's history — was still significant and could have implications for banks.

The only way to evaluate the appropriateness of Dodd-Frank's costs is to monitor the economic benefits that it creates. That's why the government needs to find a quantifiable way to measure the efficiency of its regulations.