The Office of the Comptroller of the Currency reviewed account-closing decisions at nine lenders including JPMorgan, Bank of America and Wells Fargo and alleged

Regulators penalized BofA for failing to properly monitor trillions of dollars in transactions, compounding a quarter in which net income fell and the stock sol

Goldman's equities traders drove a blowout quarter even as credit and rates results missed, and the bank led rivals in third-quarter share sale revenue.

Solid consumer results and lower loan losses lifted profit, but weaker net interest income and revenue left the stock under pressure.

Citi posted its best third quarter in a decade with $23.8 billion in revenue, though cautious guidance and a falling share price overshadowed the beat.

The largest US bank lifted its net interest income guidance even as quarterly revenue came in below expectations.

JPMorgan, Goldman, Citi and Wells Fargo all reported solid results while warning that higher rates and inflation could pressure consumers and credit.

PNC reported $2.1 billion in net income and $4.97 diluted EPS ($5.09 adjusted), with revenue growth tied to its coast-to-coast expansion.

Lenders reported healthy loan and deposit growth while flagging rising competition for deposits and pressure on funding costs.

Analysts and executives warn that higher-for-longer rates could hurt loan demand, credit quality and CRE values even as lending margins hold up.

Chipmaker weakness and worries over AI spending and inflation drove the Nasdaq lower, a selloff that also pressured bank shares through the session.

Investment banking executives said volatility delayed transactions even as a backlog of mandates points to a rebound once markets settle.

Dimon said customers deploying AI agents need to understand the risks, as banks weigh fraud liability around automated transactions.

The bank is joining a consortium of lenders planning to issue a stablecoin, part of a broader push by incumbents into digital payments.

Big banks are leaning on wealth and asset management fees as a steadier revenue source amid volatile trading results.

The Arkansas-based regional lender posted record quarterly profit ahead of its scheduled earnings release.

The forecast points to prolonged affordability pressure on the US housing market and refinancing activity.

The Indian state lender posted higher profit but flagged an up to Rs 200 crore hit to distribution income under proposed IRDAI norms.