National banks

Jesse Jackson wants banks to take a stand on how fines are used


Civil rights activist Jesse Jackson is pushing a proposal that the billions banks have paid in fines be given to Americans who lost homes or suffered in other ways during the financial crisis.


Dimon sees recent volatility as harbinger of things to come


Jamie Dimon, in his 51-page annual letter to shareholders, warned investors to get ready for more wild rides like the one that upended markets at the end of last year.


California quietly lifts ban on doing business with Wells Fargo


Even before Tim Sloan stepped down as the chief executive officer of scandal-stung Wells Fargo, the bank had already gotten back into the good graces of the biggest U.S. state.


OCC names new chief of large-bank supervision


The Office of the Comptroller of the Currency has promoted Maryann Kennedy to oversee about 800 OCC examiners who supervise the largest banks.


Bank Holding Companies with the Largest Small-Business Loan Balances


On Dec. 31, 2018. Dollars in thousands, except for average loan amount.


Crapo presses banks to keep serving 'politically disfavored' industries


Letters to eight bank CEOs from the Idaho senator were a rebuttal to calls by some Democrats for financial institutions to cut ties with firearms manufacturers, prison companies and others.


Is this the real reason big banks have upper hand in deposit growth?


Big banks’ edge lies in their sizable presence in faster-growing cities, not any unfair structural or regulatory advantages, according to a new report by the Bank Policy Institute, which represents large financial services companies. Community banks beg to differ.


Wells Fargo's other post-scandal problem: Less-productive staff


Wells Fargo's leaders have repeatedly assured the public its aggressive sales culture is gone after quotas led workers to foist unwanted products on clients. Now another problem is festering: low productivity.


JPMorgan ends financing of private prisons after criticism


The biggest U.S. bank says it will break off its relationship with the private-prison industry after deciding it's too risky.


Wells Fargo sees 'possible' legal losses rising by $500 million


Wells Fargo, beset by a wave of government probes into suspected customer abuses, boosted an estimate for potential legal losses by $500 million.