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Citigroup climbs after beating expectations despite a $22 billion tax hit

Citigroup reported earnings on Tuesday at 8 am that beat Wall Street's expectations.

Bank stocks are mostly flat despite earnings beats

Several big banks released earnings this morning, but the news didn't spur much optimism on Wall Street.
Protestors run by a defaced sign at a Wells Fargo Bank during Occupy Oakland's general strike on November 2, 2011 in Oakland, California.

Trump says penalties for Wells Fargo mortgage-lending scandal could be ‘substantially increased’

President Donald Trump said that he could increase penalties against Wells Fargo for improper mortgage lending fees after reports the CFPB may back off.
Sen. Eliizabeth Warren

Congress just killed a rule that would have made it easier for consumers to sue banks — here’s why people are so upset

The Senate passed a bill on Tuesday killing the Consumer Financial Protection Bureau's forced-arbitration rule after a bitter fight between parties.
Wells Fargo

Wells Fargo beats on earnings, sets aside $1 billion for legal woes

Analysts will expect updates from Wells Fargo cost-reduction efforts as well as any new details on the firms ongoing legal inquiries and litigation.

Here are the top 5 banks offering the mobile banking features consumers say they want most

A ranking of top US banks according to the best mobile banking feature offerings.
Elizabeth Warren

Elizabeth Warren tells Wells Fargo’s CEO: ‘You should be fired’

Sen. Elizabeth Warren on Tuesday said Wells Fargo CEO Tim Sloan should be fired for his role as CFO during the fake-accounts scandal.

Wells Fargo bank teller stole nearly $200,000 from a customer and spent it on several vacations

The customer, who was described as a homeless street vendor, had existing accounts at the bank with "surprisingly large" balances, court documents show.

‘Simply doesn’t cut it’: Elizabeth Warren slams Wells Fargo’s board changes

Wells Fargo tries to promote ex-Fed official as it comes under scrutiny from the Fed because of Senator Elizabeth Warren.

Hedge fund titan Viking Global made a $680 million bet on scandal-plagued Wells Fargo

Hedge fund Viking Global is betting big that Wells Fargo's worst days are behind it, buying up a $680 million stake in the troubled bank.