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JPMorgan Chase and Co

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  • FRANKFURT, April 25- If running a global bank is complicated, cutting one back is even more difficult. Deutsche Bank faces a long and costly battle, analysts say, to sell Postbank and pare investment banking, the new strategic goals it outlined late on Friday. Germany's flagship lender comes late to restructuring after European rivals such as Barclays and Credit...

  • Final Glance: Banks companies Friday, 24 Apr 2015 | 8:08 PM ET

    Bank of America Corp. fell$. 05 or. 3 percent, to $15.64. Citigroup Inc. fell$. 32 or. 6 percent, to $52.90. Goldman Sachs fell $1.32 or. 7 percent, to $197.99.

  • American's shares traded up almost 4 percent, reflecting bolstered investor confidence in the carrier, the world's largest after it merged in 2013 with US Airways. Rivals Delta Air Lines Inc and United Continental Holdings Inc have also announced cuts for travel outside the peak summer season. American's President Scott Kirby said growing capacity and...

  • Midday Glance: Banks companies Friday, 24 Apr 2015 | 1:36 PM ET

    Bank of America Corp. fell$. 04 or. 3 percent, to $15.65. Citigroup Inc. fell$. 25 or. 5 percent, to $52.97. Goldman Sachs fell $1.09 or. 5 percent, to $198.22.

  • WASHINGTON, April 24- U.S. business investment spending plans fell for a seventh straight month in March, weighed down by a strong dollar and lower energy prices, suggesting the economy was struggling to rebound from a recent soft patch. The report from the Commerce Department on Friday came on the heels of lukewarm data on retail sales, employment and housing...

  • Early Glance: Banks companies Friday, 24 Apr 2015 | 10:55 AM ET

    Bank of America Corp. fell$. 01 or. 1 percent, to $15.68. Citigroup Inc. fell$. 27 or. 5 percent, to $52.95. Goldman Sachs fell $1.30 or. 7 percent, to $198.01.

  • LONDON, April 24- Deutsche Bank's expected move to sell much of its retail banking business will see it join a growing list of banks choosing to shrink and simplify to survive. HSBC has already sold or shut 77 businesses and could yet dispose of big operations in Brazil or Turkey. Credit Suisse's incoming CEO Tidjane Thiam is expected to slash trading operations...

  • WASHINGTON, April 23- The U.S. Justice Department has sued Quicken Loans Inc for filing false claims on government-insured mortgages and other violations. The complaint, filed in the U.S. District Court for the District of Columbia on Thursday, said the company improperly originated and underwrote mortgages insured by the Federal Housing Administration.

  • Final Glance: Banks companies Thursday, 23 Apr 2015 | 6:05 PM ET

    Bank of America Corp. fell$. 05 or. 3 percent, to $15.69. Citigroup Inc. rose$. 12 or. 2 percent, to $53.22. Goldman Sachs rose$. 99 or. 5 percent, to $199.31.

  • WASHINGTON, April 23- The U.S. Justice Department has sued Quicken Loans Inc for filing false claims on government-insured mortgages and other violations. The complaint, filed in the U.S. District Court for the District of Columbia on Thursday, said the company improperly originated and underwrote mortgages insured by the Federal Housing Administration.

  • Midday Glance: Banks companies Thursday, 23 Apr 2015 | 1:24 PM ET

    Bank of America Corp. rose$. 04 or. 3 percent, to $15.78. Citigroup Inc. rose$. 21 or. 4 percent, to $53.31. Goldman Sachs rose $2.10 or 1.1 percent, to $200.42.

  • WASHINGTON, April 23- The number of Americans filing new claims for unemployment aid edged up last week for a third straight week, but the underlying trend continued to point to solid momentum in the labor market. Initial claims for state unemployment benefits increased 1,000 to a seasonally adjusted 295,000 for the week ended April 18, the Labor Department...

  • Early Glance: Banks companies Thursday, 23 Apr 2015 | 11:02 AM ET

    Bank of America Corp. rose$. 01 or percent, to $15.75. Citigroup Inc. fell$. 03 or. 1 percent, to $53.07. Goldman Sachs rose$. 01 or percent, to $198.33.

  • April 23- U.S. manufacturer 3 M Co posted a 0.7 percent decline in quarterly net income on Thursday and cut its full-year profit forecast as the strong dollar bites into sales more than it previously projected. 3 M shares, which have outperformed industrial rivals since 2014, fell 3.3 percent to $159.24 in morning trading on the New York Stock Exchange.

  • The Spanish High Court said it would not send Martin-Artajo to the United States for judgment because the alleged crimes had not taken place in that country. However, the United States could pursue action against Martin-Artajo in Spain, it said. Extraditions from Spain to the United States are rare and Madrid has tended to shun requests to send its citizens to be...

  • MADRID— Spain's National Court has rejected the extradition to the United States of a former JPMorgan Chase& Co. trader wanted for allegedly falsifying bank records, but said the U.S. can take legal action against him in Spain. The court said in a statement Thursday that it rejected the request because the events in question occurred in Britain, not in the country...

  • Final Glance: Banks companies Wednesday, 22 Apr 2015 | 6:13 PM ET

    Bank of America Corp. rose$. 24 or 1.5 percent, to $15.74. Citigroup Inc. rose$. 62 or 1.2 percent, to $53.10. Goldman Sachs rose $1.48 or. 8 percent, to $198.32.

  • Midday Glance: Banks companies Wednesday, 22 Apr 2015 | 1:39 PM ET

    Bank of America Corp. rose$. 23 or 1.5 percent, to $15.73. Citigroup Inc. rose$. 71 or 1.4 percent, to $53.19. Goldman Sachs rose $1.63 or. 8 percent, to $198.47.

  • WASHINGTON, April 22- U.S. home resales surged to their highest level in 18 months in March as more homes came on the market, a sign of strength in housing ahead of the spring selling season. The fairly upbeat report from the National Association of Realtors on Wednesday implied the economy was regaining some momentum after hitting a speed bump at the start of the...

  • Early Glance: Banks companies Wednesday, 22 Apr 2015 | 10:25 AM ET

    Bank of America Corp. rose$. 06 or. 4 percent, to $15.56. Citigroup Inc. rose$. 13 or. 2 percent, to $52.61. Morgan Stanley rose$. 07 or. 2 percent, to $36.82.