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JPMorgan will hold its annual meeting on May 17 - but this year shareholders will convene 550 miles away from its lush Park Avenue headquarters.
Wells Fargo's annual report didn't shed any light on the recent departure of its CFO, but did confirm something else: That the San Francisco-based banking giant is likely to face penalties from regulators who are investigating its foreclosure practices.
AIG has exited more than 90% of the derivatives positions that got the firm into trouble during 2008, leading to its enormous bailout.
Goldman Sachs upgraded Wells Fargo to its conviction buy list, while Stifel Nicolaus also called Wells Fargo's recent sell-off a buying opportunity.
AIG would still like to sell International Lease Finance Corp. and United Guaranty Corp., but is waiting for "the right price," CEO Robert Benmosche said.
AIG CEO Robert Benmosche worked to dampen concern about the company's core operating results on Friday.
TheStreet examines which lenders have the most exposure to mortgage-backed securities that are subject to change under new housing-finance regulation.
Wells Fargo executive Neal Aton says the company is moving aggressively targeting its goal of providing insurance products to one in five of its customers and sees big opportunities in the employee-benefits area.
KPMG says it remains Wells Fargo's external auditor, though the Big Four accounting firm wouldn't comment on recent criticism that Wells' financial disclosures aren't up to snuff.
Federal regulators are preparing to sanction large mortgage servicers for "critical deficiencies and shortcomings" in their foreclosure processes, Comptroller of the Currency John Walsh told Congress on Thursday.