CITIGROUP

Compensation experts say similar changes are happening across Wall Street.

The big banks, traditionally the darlings of earnings season, could be showing signs of improvement with Bank of America on tap for Wednesday.

The latest exits were the result of studies to understand which markets were not profitable enough for retail banking.

JPMorgan had missed market expectations in three of the four preceding quarters.

Geithner said AIG executives had 'taken imprudent risks.'

Georgetown law professor Adam Levitin explains how the Consumer Financial Protection Bureau could regulate Apple's new pay platform.

Some experts believe Alibaba's IPO could raise over $21 billion.

Bank of America Corp. agreed to a $16.65 billion settlement with the SEC Thursday.

Wall Street is facing pressure to improve working conditions for junior employees after a banking intern's death last year, likely caused by his long hours.

The bank has reportedly agreed to pay about $9 billion in cash and the rest in assistance to struggling homeowners.

The bank has agreed to pay about $9 billion in cash and the rest in assistance to struggling homeowners, said someone familiar with the matter.

The Securities and Exchange Commission said the unit, LavaFlow Inc., is settling the civil case without admitting or denying the charges.

Apple Inc. (NASDAQ:AAPL) is among the major companies expected to issue financial reports in the next couple of weeks.

Morgan Stanley, ranked No. 2 globally in mergers-and-acquisitions, benefited from a strong equities market in the quarter.

The settlement charge for selling shoddy mortgage-based securities hits hard on Citi's bottom line.

The settlement figure was more that twice what many analysts expected earlier this year.

Citigroup agreed to pay $7 billion to resolve a U.S. government investigation into shoddy mortgage-backed securities the bank sold in the run-up to the 2008 financial crisis in a settlement set to be announced on Monday, sources said.

A majority of the settlement is expected to be in cash, but the figure also includes several billion dollars in help to struggling borrowers.

Under greater pressure from regulators, U.S. banks offer immigrants fewer options to transfer remittances.

BNP Paribas may enter a $9 billion settlement with U.S. authorities that could prevent it from making U.S. dollar-based transactions for months.

The U.S. Department of Justice is preparing to sue Citigroup Inc. on charges that the bank defrauded investors on billions of dollars worth of mortgage securities in the run-up to the financial crisis, sources said.