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On Wednesday, the country's sixth-largest bank by assets said it raised the capital through a 17 percent stake sale to 10 investors ahead of a planned IPO next year.

Cybercrime is now the No. 1 risk for bankers, according to a new survey, with many respondents saying they were powerless against the onslaught of attacks.

The credit rating agency's move comes amid growing uncertainty over whether the U.S. Federal Reserve will prop them up in a crisis.

For the first time, executives at major banks are under investigation for criminal wrongdoing during the subprime mortgage crisis.

The top American bank was among several institutions targeted by a hacking and stock-manipulation scheme, according to U.S. Attorney Preet Bharara.

Europe's Financial Stability Board has recommended that the world's largest banks create financial buffers to save taxpayers from paying for expensive bailouts in the future.

Standard & Poor’s said Monday that the banks may be in for a downgrade if it assesses the prospects of any future government support to be "uncertain."

The British bank names James Staley, a former JPMorgan Chase executive, as its new leader amid a lackluster performance and vagueness about its future structure.

The firm reported a net income of $1.02 billion, or 48 cents a share, in the third quarter. Analysts had expected earnings of 62 cents a share.

One Federal Reserve official said this week he did not "expect that it would be appropriate" to raise interest rates in 2015. He's got company.

Goldman Sachs, JPMorgan and other major lenders reported dampened revenues after a quarter marked by global market volatility.

The financial sector is still waiting to benefit from a U.S. Federal Reserve interest rate hike this year.

The bank prevailed in a suit brought by a former vice president who claimed it ignored red flags about a potential client's fraud.

Six of the top financial institutions in the U.S. together used nearly 400 recognized tax havens in 2014. Their offshore cash totaled $126 billion.

A long-simmering dispute over whether Brian Moynihan should occupy the positions of both CEO and chairman ended Tuesday with the bank prevailing.

Market volatility is usually a treat for Wall Street. So why are executives like Bank of America CEO Brian Moynihan bemoaning weak trading-desk revenues?

The former head of the bank's China operations allegedly recommended the hiring of relatives and friends of Chinese officials.

New York's top financial watchdog joined an inquiry into potential wrongdoing into U.S. Treasurys, the world's most actively traded market.

The broadcasting giant will become the third-largest local television station owner in the United States.

Republican presidential candidate Chris Christie has led a massive surge in tax breaks for companies in New Jersey.

Only three new financial institutions have opened in the U.S. since 2010. One explanation might be the Dodd-Frank Act.

Investors await Fed boss Janet Yellen’s testimony before Congress this week, for clues about plans to raise interest rates.

The big banks are the first of six in the U.S. to post quarterly results between Tuesday and July 20.

Under Gov. Chris Christie's watch, the New Jersey government has awarded nearly $6 billion in corporate tax incentives this decade.

The nation's largest bank has been accused of relying on robo-signing and other discredited methods.

Sounding the alarm over instability in the bond market, major banks are asking to roll back rules that make markets more transparent.

The CEO of JPMorgan Chase & Co. has ascended to the rank of billionaire -- a rare feat for a bank executive.

The Washington Metropolitan Area Transit Authority banned them after the woman behind the "Draw Muhammad" contest in Garland, Texas -- where two gunman opened fire -- submitted a satirical cartoon.

Workers at bank branches will be cut from a bank that made more the $20 billion in profit last year.