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Bank of America

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On Thursday, Google announced the official launch of Android Pay, a move to grab a chunk of the growing market for mobile payments. The search …

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In a setback for American Express, Discover has taken the title as America’s favorite credit card company. According to the JD Power 2015 U.S. …

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William C. Dudley, president of the Federal Reserve Bank of New York, has warned banks to change the way employees are compensated and to …

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Citigroup, Bank of America, Goldman Sachs Group, Barclays, HSBC and Royal Bank of Scotland are among 13 banks whose units were sued for $1.15bn …

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Goldman Sachs said on Friday that it has agreed to pay $3.15 billion, its largest bill yet to resolve a government lawsuit related to the …

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Wall Street banks are currently under pressure to improve working conditions of a new generation of bankers to fight defection and are thus raising …

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Bank of America on Wednesday agreed to pay USD 9.3 billion to resolve a dispute over mortgage securities with the Federal Housing Finance Agency, …

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Deutsche Bank AG reported a fall in its first-quarter net profit by one-third from a record level a year earlier. Deutsche Bank blames this on the sluggish client activity, which has continued to pressurize investment banking activities across the board and due to exceptional charges has resulted in the bank’s effort to reduce risks.

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Citigroup made profits of $2.9 billion in the first three months of the year. Citigroup said that it had been helped by record revenue from processing transactions for its international clients and more customers repaying loans on time. Revenue fell 2 percent to $19.4 billion from the year-ago quarter.

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The California-based professional social networking website, LinkedIn, co-founded by Reid Hoffman and run by chief executive Jeff Weiner, is all set to make a …

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AT&T’s $39 billion blockbuster takeover of T-Mobile marks the biggest global telecom deal since AT&T’s $89.4 billion buy of BellSouth in 2006. The latest among …

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