U.S. banks reach record highs on strong Q4 earnings, driven by lending income, cost-cutting, and deal-making. Goldman Sachs predicts continued growth.

In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...

Major US banks closed a total of 1,043 branches over the course of last year, leaving communities with dwindling local ...

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Read here for an analysis of Bank of America's Q4 results, challenges, and potential for earnings acceleration and returns in ...

The rollback of recent M&A review provisions is part of the expected changes that banking regulation will undergo as part of Trump’s deregulation drive. In the current US administration, bank M&A is ...

(AML) and countering the financing of terrorism (CFT) regulation shortcomings. In this article, we examine some of the ...

Several major U.S. banks have announced plans to close more than 100 branches between Thanksgiving and January, according to ...

Good day, everyone, and welcome to today’s Q4 Bank of America Earnings Announcement. At this time, all participants are in a ...

Paul McLinko served as the bank’s executive audit director during its 2016 fake-accounts scandal. He called the penalty “arbitrary, capricious, an abuse of discretion, and otherwise not in accordance ...

The Office of the Comptroller of the Currency said it intends to initiate cease and desist proceedings against Bank of America (BAC) “pursuant ...

Bank of America reported robust earnings for Q4 2024, outperforming estimates with a huge increase in net income.