JPMORGAN Chase reported record quarterly profits on Tuesday behind strong consumer business, but shares were pressured by worries over expected Federal Reserve interest rate cuts on a day of mixed...

[BENGALURU] Citigroup beat analysts' estimates for quarterly profit on Monday, as a tight lid on costs and strength in consumer lending helped the third-largest US bank counter weakness in its...

[NEW YORK] Mechanics Bank agreed to buy much of Dutch lender Rabobank Group's US operations for about US$2.1 billion, bringing together two California lenders and extending the combined company's...

[NEW YORK] In a world with fewer branches, banks will need to rely more heavily on advertising to win market share, according to a study released on Thursday by McKinsey.

[NEW YORK] US bank stress tests conducted during an "interim" period this year will help the Federal Reserve decide what permanent changes to make to the closely followed examinations,...

[NEW YORK] With two months until Brexit takes effect, US banks have begun transferring some London staff to continental Europe and drawing up contingency plans in case of a "hard" Brexit...

[WASHINGTON] The US government shutdown has handed banks a rare opportunity to tout their nicer side as they prepare for rough treatment under a Democrat-controlled House of Representatives.

[NEW YORK] Ten years after Wall Street recklessness helped lead to the Great Recession, compensation for top bank CEOs is soaring even as pay flattens at junior levels.

[NEW YORK] Bank executives said Tuesday that economic conditions remained solid but warned that weakening sentiment amid a lengthening US government shutdown could kill growth.

US Treasury Secretary Steve Mnuchin looked to quash big-bank worries over recent plunging stock markets and reports that US President Donald Trump might sack his Federal Reserve chief by...