Banks

The largest bank in the country, Bank of America, announced a 37 percent drop in earnings this quarter due in part to bad mortgages.

The Senate panel investigating the cause of the financial crisis has released a report today containing new information on what lead up to the banking collapse. Senator Carl Levin is now calling for an investigation into Goldman Sachs for misleading Congressional investigators.

Banks have been cleaning up their bad loans, but profit growth will depend on the new loans they make.

As the political battle shifts from the budget to the U.S. debt, banks and other firms weigh contingency plans for a possible government default.

A World Bank report out today recommends a shift in how developed countries give to developing countries. The report encourages countries to focus on building stable government and institutions.

The IRS wants the banking giant to share information about people evading taxes through accounts in India.

Citibank says it will soon clear little checks before big ones in an effort to reduce bounced checks. Banking consultant Mike Moebs discusses the potential impact that may have.

Bank lobbyists are constantly saying the industry needs to raise its fees on customers. The banks don't want to charge customers more, they say....

JPMorgan Chase's CEO warns that financial regulation makes U.S. banks uncompetitive. Yet their profits have returned to pre-crisis levels.