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The bank's quarterly profit totaled $5.38 billion, down from $5.56 billion a year earlier. That translated to $1.31 a share, compared with $1.28 a share as the number of shares outstanding declined.

Bank of America Corp and U.S. Bancorp have been sued by a Chicago pension fund that said they failed to protect investors in their roles as trustees for mortgage-backed securities for Washington Mutual Inc.

Two proxy advisory firms are backing a shareholder proposal to split the roles of chairman and chief executive at Wells Fargo & Co , putting pressure on another U.S. bank to revamp its leadership structure.

That Wall Street expects J.P. Morgan to outperform its peers shouldn't come as a surprise. Besides being the biggest, it's arguably among the three or four most stable big banks.

Asian shares eased Tuesday as investors cautiously awaited Chinese trade data to gauge whether the world's second-largest economy could achieve a soft landing, after a sharp slowdown in U.S. jobs creation clouded prospects for global growth.

U.S. stock index futures traded lower on Monday after last week's much weaker-than-expected report on U.S. job creation for March.

A federal judge approved a $25 billion mortgage settlement with five top U.S. banks over allegations of foreclosure abuses and misconduct in servicing home loans, according to court documents.

Following the tradition of big tech companies like Google and Apple, Facebook has reportedly chosen to list its shares on the Nasdaq under the ticker symbol FB. The report comes from The New York Times, which cites Facebook insiders with knowledge of the matter.

Wall Street was set for a lower open despite data showing ongoing healing in the labor market, as a rise in Spanish bond yields renewed concerns about the euro zone's financial health.

Stock index futures fell on Thursday as a rise in Spanish bond yields renewed concerns about the euro zone's financial health, and as investors awaited report on jobless claims.

Stock index futures fell on Thursday as a rise in Spanish bond yields renewed concerns about the euro zone's financial health, and as investors awaited a closely watched report on jobless claims.

Stock index futures pointed to a slightly higher open on Wall Street on Thursday with futures for the S&P 500 and Dow Jones up 0.3 percent, while Nasdaq 100 futures were up 0.1 percent at 04.08 a.m. EDT.

The Commodity Futures Trading Commission said on Wednesday that JPMorgan Chase & Co will pay $20 million to settle charges that it unlawfully handled customer segregated funds at Lehman Brothers Holdings Inc.

BTG Pactual, the largest independent investment bank in Latin America, said it is planning to raise up to $2.24 billion in a public offering that could signal the revival of Brazil's IPO market.

The Commodity Futures Trading Commission said on Wednesday that JPMorgan Chase & Co will pay $20 million to settle charges that it unlawfully handled customer segregated funds at Lehman Brothers Holdings Inc.

A U.S. regulator is set to penalize JPMorgan for actions linked to the demise of investment bank Lehman Brothers at the height of the financial crisis in 2008, the New York Times said, citing people briefed on the matter.

JPMorgan Chase & Co is shedding mortgage debt from a stable value fund, under pressure from insurers in a case raising questions about suitable investments for funds normally regarded as a super-safe haven for retirement savings.

The top aftermarket NYSE gainers Monday were: Annie's, Fortune Brands Home & Security, 3D Systems, Gafisa SA, Frontline and Armstrong World Industries. The top aftermarket NYSE losers were: Rockwood Holdings, Guidewire Software, Flotek Industries, Vocera Communications and ITT Corp.

A finance executive at MF Global Holdings Ltd invoked her right against self-incrimination as lawmakers heard from officials who played critical roles in the final days of the futures brokerage, when a huge and still unexplained shortfall in customer money surfaced.

Bank of America Corp Chief Executive Officer Brian Moynihan made $8.1 million in total compensation last year, more than four times the $1.9 million he received in 2010, according to a filing with the U.S. Securities and Exchange Commission on Wednesday.

Former MF Global Holdings Ltd Chief Executive Jon Corzine assured JPMorgan Chase & Co shortly before his brokerage firm collapsed that it had ample funds to cover overdrafts, a lawyer for the bank is expected to testify.

Bank of America Corp is looking to create an international advisory board that could help steer chief executive officer Brian Moynihan's overseas strategy, according to sources familiar with the matter.

Chase's consumer online baking website was down again on Monday morning, prompting many Twitter users to express harsh criticism for the bank owned by J.P. Morgan Chase.

The top after-market NASDAQ gainers Friday were: Cornerstone OnDemand, TASER International, MAP Pharmaceuticals, Affymax, Avis Budget Group and Steel Dynamics. The top after-market NASDAQ losers were: Pacific Biosciences of California, Targacept, Ancestry.com, Theravance, Vocus and Commercial Vehicle Group.

Congressional investigators released details of emails from just before MF Global's bankruptcy that renew questions about whether anyone at the failed brokerage authorized the use of customer funds to cover an overdraft in London.

Former MF Global official Edith O'Brien said in an October 2011 email that CEO Jon Corzine gave direct instructions to transfer $200 million from a customer account to cover an overdraft in a JPMorgan account in London, according to a congressional memo released on Friday.

President Barack Obama must nominate a new President of the World Bank soon, ahead of its June annual meeting in Washington. Two Third World candidates have been mentioned but another American is the likely winner.

U.S. bank JPMorgan has agreed to buy a 19.9 percent stake in Chinese trust company Bridge Trust Co, according to media reports.

The bank, formally known as the Institute for Works of Religion (IOR), reportedly failed to provide a Milan affiliate of JP Morgan with details about payments into the account, in which €1.8 billion was deposited in the last 18 months.