The top Democrat on the House Financial Services Committee said she is "beyond" using capital hikes to motivate big banks to slim down.
U.S. stock losses escalate after midday, sending benchmark indexes into the red.
Investors should be careful not to stretch for yield in the current low-rate environment. A multi-asset income strategy mixing yield, defense and growth is a much smarter way to go
Despite its temporary political woes, Wells Fargo is the best bank stock out there. And right now, it is dirt cheap.
U.S. stocks fall into the red by late Thursday morning as Mylan kicks off a selloff in health care.
The latest news in the saga comes in the form of clawbacks from top executives and the state of California pulling its business. Investors should dump shares.
Wells Fargo's John Stumpf goes before lawmakers again, but Jim Cramer says Congress might be disappointed with what he says.
Oil prices are slightly lower this morning after rallying 5% Wednesday.
Wells Fargo will be back in the spotlight on Thursday, September 29, as its CEO John Stumpf returns to Capitol Hill to answer questions about its fake bank account scandal.
U.S. stocks rocketed higher, shaking off earlier choppiness, on reports OPEC had reached an agreement.