JP Morgan and Wells Fargo profits offer mixed picture of state of US banks
While JP Morgan Chase’s $5.91bn haul outperformed expectations, Wells Fargo’s results marked the end of 18 consecutive quarters of higher profits
March 2015
Wells Fargo caps subprime car loans to 'responsibly' manage risk
Fourth biggest bank in US will cap car loans to people with poor credit history at 10% of its loan book amid worries over booming business for Wall Street
December 2014
Inside the charity industrial complex, where corporations profit off your love of the military
Richard Allen Smith
Richard Allen Smith: People trust war veterans, but companies just see money to be made. Non-profits need to be more careful of ‘camo-washing’
July 2014
America's six largest banks prepare to update investors
Banks expected to show quarterly revenue declined 5.6% from previous year and that they have been affected by poor trading
June 2014
Los Angeles sues big banks for predatory mortgages but unlikely to win
Minority communities have long been targets for predatory lenders. Los Angeles is suing JP Morgan, Wells Fargo, Citigroup and Bank of America, but the city isn't trying to help homeowners.
April 2014
Banks return to risky business: lax standards and subprime loans
Big banks like JP Morgan have rewired troubling, familiar tactics as they scrounge for profit in a difficult market
February 2013
Sadhbh Walshe column
Banking while poor: how banks profit from predatory payday lending
Sadhbh Walshe
Sadhbh Walshe: If you're rich in America, banks will waive charges for you. But if you're struggling, what they see is an indecent profit opportunity
September 2012
Wells Fargo believed to be victim of cyber-attack over Innocence of Muslims
Group pledging retaliation for controversial online video claims it has targeted several US banks
May 2012
Widow sues Wells Fargo over wrongful foreclosure that took devastating toll
Oriane Rousseau says husband Norman's suicide was a result of the bank kicking off a process from which they couldn't escape
April 2012
Market Forces blog
This year's gains wiped out on FTSE
US economy: earnings season gets ready for primetime
February 2012
Obama welcomes $25bn mortgage settlement for homeowners
Last US states agree mortgage settlement with banks
October 2011
Citigroup buoyed by $3.7bn third quarter profit
Seventh straight quarterly profit for bank that was bailed out by US taxpayers
September 2011
Rash of bank downgrades as IMF demands rapid action over debt
Europe and US must urgently tackle threats to economic recovery, says Fund
June 2011
Bank of America pays £5.3bn to settle sub-prime mortgage claims
Bank of America agrees to a payment that wipes out all its profits since the onset of the financial crisis in 2008. Its shares rose, but further settlements are likely
April 2011
Wachovia investigated over mortgage bond sales
Wachovia, now part of Wells Fargo, could face accusations it overcharged investors for mortgage bonds that were falling in value
October 2010
Robo-signing eviction scandal rattles Wall Street
Q&A: What are mortgage foreclosure 'robo signers'?
April 2010
Tepper pips Paulson to hedge fund peak
Former Goldman Sachs trader David Tepper made £2.5bn last year after betting on the US and Britain bailing out banks
