Sponsored by Bank of america

Hedge fund manager John Paulson lost more money in September thanks to ill-timed bets on an elusive economic recovery that left one of his biggest funds off 47 percent, two people who saw the numbers said on Saturday.

U.S. financial regulation is capping fees banks can charge merchants for debit card usage. In response, Bank of America and several other large banks have announced their plans to charge consumers to make up for the losses.

President Barack Obama launched an onslaught against banks and Republicans this for working to block financial reform, using a populist tone amid public anger over Wall Street practices.

California Attorney General Kamala Harris remains open to a deal with large U.S. banks in multi-state mortgage negotiations provided it involves a stronger proposal from lenders, the Wall Street Journal reported.

Bank of America Corp will pay $11 million to ousted executives Joe Price and Sallie Krawcheck, a large payout at a time when banks face protests over pay but smaller than the eight-figure packages some executives received before the financial crisis.

California Attorney General Kamala Harris remains open to a deal with large U.S. banks in multi-state mortgage negotiations provided it involves a stronger proposal from lenders, the Wall Street Journal reported.

A draft proposal of the Volcker rule that cracks down on banks' proprietary trading gives firms flexibility to hedge risk, and sets stringent limits on such trading beyond U.S. borders to address fears the rule will put U.S. firms at a disadvantage.

Senate Democrats want to hit millionaires with a 5 percent surcharge on their taxes to pay for President Barack Obama's $447 billion jobs program, but the plan seems to be going nowhere in the divided Congress.

Captains of Google, Bank of America and Citicorp say they are ready to pay higher taxes, as long as Congress uses the money to get the U.S. economy back on its feet.

As European banks seek state help and U.S. lenders shore up shaky balance sheets, Canada's well-performing banks have stepped up their efforts to poach talent from rivals around the world.

Francois Gouws and Yassine Bouhara, the co-heads of UBS’ global equities, handed in their resignations, apparently taking responsibility for the actions of the London rogue trader who perpetrated illegal trades.

Citi clients who hold the EZ Checking account will be charged $15 per month if they fail to maintain a minimum balance of $6,000

September Layoffs Mostly Came From Army, BofA, but the two employers outlooks could not be more different

The number of planned job cuts in the U.S. soared to a 29-month high in September, exacerbated by layoffs at Bank of America and cutbacks by the U.S. military, according to a new report.

Instead of the highly-anticipated (understatement of the year) iPhone 5, Apple unveiled the iPhone 4S on Tuesday, which has left some disappointed, to say the least. Here are 25 features we hope the iPhone 5 will have, whenever it finally comes out.

Billionaire investor Warren Buffett is not concerned by the sharp drop in Bank of America Corp shares in the last couple of days, despite his $5 billion investment in the company last month, he told Reuters on Tuesday.

Bank of America Corp shares fell 5.2 percent Tuesday to their lowest level since March 2009 amid concerns about how a slowing world economy and the European debt crisis would affect the largest U.S. bank.

New York Attorney Eric Schneiderman and U.S. Senate candidate Elizabeth Warren have been filling a void in progressive politics.

Starbucks announced Monday that it was teaming up with Opportunity Finance Network to launch Create Jobs for USA, which will pool donations for Starbucks customers, partners (employees) and concerned citizens into a nationwide fund for community business lending. This follows a trend that other companies, such as McDonald's, have taken to give back to the community while also boosting sales .

Bank of America Corp shares fell nearly 8 percent to their lowest level since March 2009 as investors worried that a slowing domestic economy and European debt woes would batter it and other banks.

When Bank of America announced last week that it would begin charging a $5 monthly fee to customers using their debit cards at retail locations, it understandably caused a fair amount of complaining from consumers, a fact that was noted across the board by various media sources Friday. But it also inspired a wave of anger against banks in general.

Occupy Boston has been gaining ground since Friday and is starting to impact other communities to protest just as Occupy Wall Street has impacted them.

Stock index futures pointed to a weaker open on Wall Street on Monday after steep declines in the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.6-0.9 percent.

More than three years after the financial crisis struck, the U.S. economy remains stuck in a consumer debt trap.

Starting in early 2012, Bank of America will charge a $5 monthly fee for debit card usage. The fees will be assessed on a month-to-month basis, will not include ATM cash withdrawals and will not affect premium customer accounts.

The $5 Bank of America debit card fee has sparked rage that hasn't been seen since the height of the financial crisis in 2008 and 2009.

The 24 people arrested, comprising 15 women and nine men, spent several hours in a jail in South Boston, but are unlikely to face any serious charges.

The state of California pulled out of multi-state mortgage negotiations with large U.S. banks, dealing a sharp blow to long-running efforts to secure a broad settlement over allegations of lending abuses.

This past quarter was miserable for bullish U.S. stock investors. The bad news is, things may get worse before they get better.