The Federal Reserve said 15 of the 19 biggest U.S. financial institutions would be able to maintain capital levels higher than is deemed necessary in an economic scenario worse than the financial crisis of 2008. The ...

For the first time since the “robo-signing” of foreclosure affidavits surfaced in 2010, audits from federal officials detail an uncontrolled environment where supervisors often joined hired hands to sign stacks ...

Administration officials and state attorneys general today filed in federal court the proposed agreements with the nation’s top lenders in the $25 billion mortgage servicing settlement announced a month ago. The ...

More than a month after federal and state officials announced a $25 billion mortgage settlement to help wronged foreclosure victims, the deal with the nation’s top five lenders could be presented to a federal ...

Just when you thought big banking couldn’t get any more impersonal comes the announcement by Citigroup, the third-largest U.S. lender, that it will explore possible uses of IBM’s famous super computer Watson ...

The U.S. Consumers Financial Protection Bureau is now accepting complaints about checking and savings accounts, including issues with excessive or unfair banking fees. Since the agency launched last July, it has ...

In the fourth quarter 2011, federally insured banks saw their 10th consecutive quarter with a year-over-year increase in profits, according to the Federal Deposit Insurance Corporation. The banking industry is now ...

The consumer backlash against big bank fees, along with poor service, has fueled increases in defection rates among customers of large, regional and midsize banks, according to the J.D. Power and Associates. The ...

The promotional periods of balance transfer offers with a “0% rate” are tightening, as fees show a slight dip, according to a monthly review of 22 credit card offers by SmartBalanceTransfers.com. In February, ...

The biggest U.S. credit card companies saw mixed results in defaults and customer late payments in January, but the overall trend in credit quality remains on a positive trend and well below peak crisis levels. The ...