| Oct 2, 2013
| 10:17 AM
New York Atty. Gen. Eric Schneiderman has lowered the boom on Wells Fargo for what he says are serial violations of the huge foreclosure abuse settlement that Wells and four other big banks reached with federal and state regulators last year....
| Oct 21, 2013
| 4:32 PM
JPMorgan Chase, one of our nation's ethically-challenged financial institutions, is facing another big fine. That means that once again you'll be hearing the right wing's go-to defense of the bank: President Obama's out to get JPMorgan Chairman Jamie...
| Jul 12, 2013
| 7:14 PM
Wells Fargo & Co. booked a record $5.5 billion in profit during the second quarter despite a dramatic rise in mortgage rates and signs of a slowdown in its refinancing business.
The 19% year-over-year jump in earnings for the nation's largest home...
| Oct 17, 2013
| 7:53 AM
The other day we examined a claim by the New York Times that Jamie Dimon, the chairman and chief executive of the serial lawbreaking bank company JPMorgan Chase, was supported in his job by "the people who matter" -- defined as "investors, analysts, board...
| Oct 11, 2013
| 9:14 AM
The toll of JPMorgan Chase's relentless lawbreaking under Chairman and CEO Jamie Dimon may finally be getting real for shareholders.
According to the bank's third-quarter financial results, released Friday morning, its litigation expenses of more than...
| Oct 15, 2013
| 1:43 PM
Who are the "people who matter"? According to Andrew Ross Sorkin of the New York Times, "investors, analysts, board members and, yes, even regulators," none of whom, he says, wants Jamie Dimon fired as chairman and CEO of JPMorgan Chase.
Is there a...
| Jul 17, 2013
| 6:52 PM
Megabanks aren't the only financial firms to meet or beat expectations this earnings season.
Many California regional banks are reporting stronger earnings and putting new loans on their books, thanks to the improving economy and progress in dealing...
| Jul 23, 2013
| 6:29 PM
So much for the new, "tougher" Federal Energy Regulatory Commission.
FERC, as the agency is known, is in the process of negotiating a settlement with JPMorgan Chase & Co., the huge New York bank that has been accused of serial frauds against...
| Jul 26, 2013
| 9:37 AM
Zynga Inc. is kicking the gambling habit.
The social gaming company had been trying to get into the online betting business as revenue from Facebook games weakens, but on Thursday Zynga said during its second-quarter earnings report that it would not...
| Aug 22, 2013
| 9:00 AM
WASHINGTON -- Five large banks said they have given $51.3 billion in relief to consumers under a landmark settlement of foreclosure-abuse complaints that is almost finished providing assistance to homeowners, the official monitor of the deal said...
| Aug 30, 2013
| 4:03 PM
The state of California and the Bank of America have a lot in common, says BofA Chief Executive Brian Moynihan.
Both were all but written off by critics as the economy tanked. Both endured painful budget cuts and remain hampered by unemployment and...