Banking

Can you live up to your own guidance?

"This decision allows us to focus on our domestic business which remains core to our long-term growth," a company spokeswoman said.

The bank recently disclosed in an Aug. 3 filing that it faces a U.S. inquiry into its purchase of low-income housing credits.

One of the firm's two new executives is a wirehouse veteran who started her career at Merrill Lynch in 1990.

The case offers a new look at decisions made inside one of the nation’s largest home lenders before the financial crisis, and the evidence that executives saw of mounting trouble.

As turnaround plans at peers such as Credit Suisse gather speed, some investors are asking whether UBS is doing enough to sustain its lead.

The fees affected hundreds of thousands of customers and the total cost could climb to more than $180 million, according to a report in The Wall Street Journal.

Acorns co-founder Jeffrey Cruttenden says clients would vote, if they realized they had the rights.

The long-standing feud between founder Mark Hurley and majority owner Emigrant Bank has reached the boiling point.

The firm is, all of a sudden, Wall Street’s big spender.

Investors have been more skeptical of how much boost the tax cuts would provide to the economy this year, and the big banks’ second-quarter profits seem to suggest why.

Despite loosening regulations and the president’s tax cuts, BofA continued a string of lackluster second-quarter earnings for the big banks.

Susan Elolampi will be company's latest high-level hire following a dozen appointments in recent months.

“It’s not about us getting to them. It’s about them getting to us,” Daniel Darst, chief marketing officer for People’s United Bank, said of client marketing.

The wealth management firm is using digital tools to smooth the transition for clients and advisors. Here’s how they’re doing it.

Noah Kerner, CEO, Acorns and Suleman Din, Technology Editor, Financial Planning

Acorns, the mobile microinvesting company, wants to be known for helping customers manage saving and spending — and that's it, CEO Noah Kerner says.

The firm’s equity-trading business head Ted Pick, promoted to lead its division of investment bankers and traders, is one possible successor.