Cordray's Confirmation; Barclays' Latest Fine; NSA's ...

Breaking News This Morning ...

BAC Earnings: Bank of America's profit rose 63% in the second quarter, due largely to strong trading revenue and cost-cutting. Wall Street Journal, New York Times, American Banker

More Earnings: PNC Financial Services; U.S. Bancorp Receiving Wide Coverage ...

Confirmed: Richard Cordray was confirmed yesterday as director of the Consumer Financial Protection Bureau, after Senate Republicans agreed not to block his nomination as part of last-minute compromise over President Obama's executive nominees. The compromise...