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An influential U.S. senator on Tuesday raised the prospect of an industry-wide moratorium on foreclosures as he pressed three banks accused of fraudulent practices to outline steps they are taking to fix their procedures.

Wall Street banks facing dwindling trading volumes may find that they have just one option left to boost profits: paying less of their revenue to many of their employees.

Connecticut's attorney general on Friday called on state courts to freeze home foreclosures for 60 days after borrowers claimed that major lenders may be making misstatements in the foreclosure process.

The United Auto Workers health care trust and the governments of Canada and Ontario may not participate in General Motors Co's upcoming IPO in order to avoid taking a cut on the price of their shares

For big U.S. banks, Basel III will likely have limited impact in the short-term because of its generous phase-in timeline

M&A talk among the travel, telecoms and mining sectors helped Britain's top shares to their biggest daily gain in almost two months on Wednesday, as strong manufacturing data from the U.S. and China boosted sentiment.

U.S. regulators did not grant Lehman Brothers the same assistance as its competitors, knocking out the possibility of an orderly unwind of the firm and aggravating the global crisis, former Lehman Chief Executive Dick Fuld said on Wednesday.

In an obvious hint to the imminent platinum and palladium supply woes, the JPMorgan Chase said that the metals will witness a huge rise in prices due to the concerns over implementing changes to mining rules in South Africa, which is the largest producer of the metals. Concern about rule changes intensified in recent weeks as Kumba Iron Ore and Lonmin said the government had deprived them of mining rights. The ANC is preparing to discuss mine nationalisation at a congress next month.

Fewer Americans fell behind on their credit card payments than expected in July, as consumers coped better with their debt, but the drop in delinquencies to their lowest levels so far this year doesn't suggest a recovery in spending, analysts said.

Fewer Americans fell behind on their credit card payments in July, major credit card lenders said, bringing delinquencies to their lowest levels so far this year.

General Motors Co has added Bank of America Merrill Lynch and Citigroup Inc to the slate of its lead underwriters for its initial public offering

JPMorgan Chase & Co expects a measure of its capital strength to fall slightly under the latest proposals from banking supervisors, according to a quarterly filing with regulators.

New York's attorney general said on Wednesday he has opened a probe into possible predatory lending and kickbacks in the healthcare industry.

Proceeds from initial public offerings in July soared on a global basis, hitting their highest level since before the 2008 financial meltdown, according to Thomson Reuters data.

Wall Street was poised to open about 1 percent higher on Monday, building on last month's solid gains as investors focused on encouraging corporate results, including strong bank earnings out of Europe.

Joshua Hochberg, a former top official in a U.S. Department of Justice criminal fraud unit, has been appointed to examine the bankruptcy of Washington Mutual Inc , the largest U.S. banking failure.

Seventeen financial firms made ill-advised payments to executives totaling $1.6 billion while taxpayers were bailing them out, U.S. pay czar Kenneth Feinberg said on Friday.

Morgan Stanley , Citigroup and JPMorgan Chase were among banks that sold Goldman Sachs protection against the risk of a collapse of giant insurer American International Group , a source familiar with the matter said on Friday.

Has Morgan Stanley finally turned the corner? It's starting to look that way.

Wells Fargo & Co and US Bancorp, two of the largest banks in the United States, said rising loan demand helped lift their earnings more than analysts had expected.

On Wednesday, JPMorgan Chase & Co Chief Executive Jamie Dimon will be left out in the cold.

It was a quarter that left investment banking businesses, the once-vaunted profit engines of Wall Street, sputtering.

Bank of America and Citigroup shares fell as the banks' results highlighted the sluggishness of the U.S. economic recovery and costs of potential regulation, offsetting better-than-expected quarterly profits on lower credit losses.

Bank of America and Citigroup shares fell as the banks' results highlighted the stagnant U.S. economy and costs of potential regulation, offsetting better-than-expected quarterly profits on lower credit losses.

Shares in RealD Inc , whose 3D technology was used to help make the movie Avatar, opened more than 22 percent above their initial public offering price on Friday and shares of business software maker Qlik Technologies Inc opened 20 percent higher.

(Corrects year-earlier Bank of America profit to $3.2 billion in third paragraph from bottom)

(Corrects year-earlier Bank of America profit to $3.2 billion in third paragraph from bottom)

JPMorgan Chase & Co posted better-than-expected quarterly earnings on Thursday as it wrote off fewer bad loans in the second quarter, but executives warned they were uncertain about the economic outlook for the rest of the year.

JPMorgan Chase & Co raised its commodity trading risk in the second quarter, the first time in nine months, but earned less from the sector as prices fell and the bank lost out on a large coal bet.