Finance

Regional bank executives keep trying to deflect calls for more cost cutting as they seek new revenue sources, and one of them -- BB&T's Kelly King -- seems to be losing his patience with such demands

Barclays Plc, the U.K.’s second- biggest bank by assets, will eliminate as many as 12,000 jobs this year, including more than 800 senior bankers, after fourth- quarter profit tumbled.

The Consumer Bankers Association believes banks and retailers need to have constructive conversations on security following last year's Target security breach.

New technology from Apple and others can help banks create appointments, share offers, crowdsource customer service and identify their best customers, all in real time.

Money market funds possess trillions of dollars of short-term institutional investor funds. Now the SEC's proposed rule change for the industry may give banks an opportunity to attract institutional depositors with cash management offerings, says one bank consultant.

A Georgetown law professor weighs in on a proposal to allow the U.S. Post Office to offer basic banking services. And the industry won't like what he has to say.

Obama's proposal might do some good -- not by helping workers, most of whom are unlikely to take advantage of it, but by spurring a discussion about how to fix a broken retirement system, write Bloomberg editors.

President Obama offered more Americans the chance to save for retirement through payroll deductions with a plan for new government-sponsored savings accounts.

Morgan Stanley turned more bearish on sovereign and corporate debt in emerging markets as declines in their currencies accelerated and funding costs increased.

Critical deficiencies in data gathering and reporting and measuring key risks persist across regulatory agencies, according to a professor at the Smith School of Business at the University of Maryland.

BlackRock Chief Executive Officer Laurence D. Fink warned there is "way too much optimism" in financial markets as he predicted repeats of the market turmoil that roiled investors this week.

Top bank executives are struggling to convince the world's business elite in Davos the financial system is safer, more than five years since it fell into crisis.

Pimco's Bill Gross said the firm plans to appoint more investment deputies in the coming weeks after the departure of Mohamed El-Erian.

Mohamed El-Erian, widely viewed as the successor to Pimco's Bill Gross, resigned after six years as the firm struggles to stem record redemptions from the world's largest bond fund.

Congress dangled an incentive for high-income Americans to convert their tax-deferred individual retirement accounts into post-tax plans. Their response was overwhelming.

Investors’ 12-year love affair with gold ended in 2013 as they abandoned the precious metal for stock markets in the world’s developed economies, lifting global share prices by the most in four years.

Individuals in same-sex marriages will be entitled to the employer benefits of their spouse even if they live in a state that doesn’t recognize their union, the U.S. Labor Department said.

America’s biggest employers, from GE to IBM, are increasingly moving retirees to insurance exchanges where they select their own health plans, an historic shift that could push more costs onto U.S. taxpayers.

Tax treatment, good or bad, can make or break an investment decision. Here are the top 10 tax mistakes made by investors according to a survey of investment advisors.

Married gay couples living in all U.S. states can file joint federal tax returns, even if local authorities don’t recognize their marriages, the Obama administration said today.