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Washington Mutual Inc , one of the biggest corporate casualties of the 2008 financial crisis, on Monday emerged from bankruptcy protection, just two weeks after Lehman Brothers Holdings Inc also emerged from Chapter 11.

U.S. and European investment banks may face headline risk again from credit ratings downgrades by Moody's Investors Service Inc. in the coming weeks, Nomura Securities warned Monday.

The positive reports on the U.S. economy are seen as the major cause of the stocks rallying.

An executive from Boeing Co has denied claims by the Indian government that the company has agreed to pay $500 million for aircraft delivery delays.

Bank of America Corp shares on Wednesday hit their highest level in seven months after a Federal Reserve stress test affirmed one of the more troubled U.S. banks had made progress in improving its capital levels.

Citigroup Inc on Wednesday stood by its pledge to reward shareholders, as Wall Street sought to understand why the bank failed to win approval from regulators to increase its dividend or buy back stock.

Shares of Citigroup (NYSE: C) fell more than 4 percent Wednesday after the Federal Reserve said the No. 3 U.S. bank flunked a “stress test” of its financial viability.

The inspector general for the U.S. Department of Housing and Urban Development said banks involved in the nationwide settlement on foreclosure practices significantly hindered its investigation.

Facebook filed for an IPO on Feb. 1 but has since amended its registration document twice. Here are four important things to know about the world's biggest social media company.

Stock futures signaled a mixed opening for Wall Street on Wednesday, with futures for the S&P 500 up 0.1 percent, the Dow Jones futures down 0.2 percent and the Nasdaq 100 futures falling 0.1 percent.

JPMorgan Chase and Co. (NYSE:JPM) announced Tuesday afternoon it would be raising the dividend payout to shareholders and engaging in a sizable stock buyback program, in a show of balance sheet strength coming just days after the bank was green-lighted through the Federal Reserve's now-yearly "stress tests." The markets rallied.

JPMorgan Chase and Co. (NYSE:JPM) announced Tuesday afternoon it would be raising the dividend payout to shareholders and engaging in a sizable stock buyback program, in a show of balance sheet strength coming just days after the bank was green-lighted through the Federal Reserve's now-yearly "stress tests." The markets rallied.

Citigroup Inc., the third-largest U.S. bank, and SunTrust Banks Inc. failed the Federal Reserve's latest stress test because they lack enough capital to endure a hypothetical shock to the U.S. economy, the central bank said Tuesday.

JPMorgan Chase & Co became the first bank on Tuesday to say regulators have completed stress tests of its balance sheet and approved a dividend increase and stock buybacks.

JPMorgan Chase & Co became the first bank on Tuesday to say regulators have completed stress tests of its balance sheet and approved a dividend increase and stock buybacks.

JPMorgan Chase & Co is paying the federal government $45 million to settle a lawsuit alleging it charged veterans hidden fees in mortgage refinancings.

The government released the fine print of its landmark $25 billion mortgage settlement, and promised to closely police the banks' pledges to bring widespread housing relief, even while letting them dodge admission of wrongdoing.

The $25 billion settlement between five large U.S. banks accused of abusive mortgage practices on the one side and federal and state government officials on the other side that was announced Feb. 9 will be filed in federal court on Monday, people familiar with the matter said.

A previously announced $25 billion settlement between five major banks accused of abusive mortgage practices and government officials will be filed in federal court on Monday, people familiar with the matter said late Friday.

JPMorgan Chase & Co said it had entered into a partnership with AirPlus International, a business travel manager owned by Deutsche Lufthansa AG , to offer expense tracking systems and commercial credit cards to multinational corporations.

Bank of America, one of five banks in $25 billion settlement with the government over foreclosure practices, has struck a side deal that will allow it to reduce penalties in return for bigger cuts to borrowers' mortgage balances, the Wall Street Journal said.

Central bankers around the world took their foot off the loose monetary policy throttle Thursday and kept benchmark interest rates steady on inflation concerns and the lack of new threats to gross domestic product growth.

PayPal, the online payments arm of eBay Inc, has sparked a furor in the publishing world by asking some e-book distributors to ban books that contain obscene themes including rape, bestiality or incest.

The U.S. government will cut fees on federally insured mortgages and move to expand home-loan relief to military veterans, President Barack Obama announced Tuesday.

A team of top proprietary traders at JPMorgan Chase & Co is set to launch what is likely to be one of the largest hedge fund start-ups in 2012, the Financial Times reported on Sunday.

Facebook Inc, the social networking firm, has hired more banks to work as underwriters for its initial public offering, according to a report.

Facebook Inc will add banks in coming weeks to help underwrite its initial public offering, two sources familiar with its plans said on Friday.

Facebook Inc will add banks in coming weeks to help underwrite its initial public offering, two sources familiar with its plans said on Friday.

A senior Morgan Stanley investment banker was placed on leave after police accused him of hurling racial slurs at a taxi driver of Middle Eastern descent and stabbing him in the hand with a pen knife over a fare dispute.