Financial Services - News Headlines

Federal prosecutors say four former Wilmington Trust Corporation executives knew they were misleading banking regulators and investors by concealing the truth about the bank's imploding commercial loan portfolio following the 2008 financial crisis

Eddie Lampert's hedge fund, Sears' biggest shareholder, asks the struggling retailer to sell the Kenmore brand and home improvement unit, saying it might buy them

A closely watched survey suggests the eurozone economy continued to grow at a solid pace in April but that the pace of expansion has eased in recent months.

Treasury Secretary Steven Mnuchin (mih-NOO'-shin) expressed cautious optimism Saturday over efforts to resolve trade tensions that have rattled financial markets and clouded the global economic outlook

Canadian online-gambling company Stars Group Inc. says it is buying U.K.-based Sky Betting & Gaming in a deal worth $4.7 billion

The International Monetary Fund's policymaking committee says a strong world economy is threatened by increasing tension over trade and countries' heavy debt burden

Trump administration defends tough trade stance at global finance meetings

Business Highlights

Trump administration pushes back against criticism over America First trade policies

The nation's six big Wall Street banks saved at least $3.59 billion in taxes just last quarter due to new tax law, giving public a first glimpse in how Corporate America is benefiting from the new Trump tax law

Wells Fargo fined a combined $1 billion by federal regulators for abuses tied to its mortgage and auto lending businesses

Global finance ministers see rising trade tensions between the United States and China as a major threat facing the world economy.

The head of the International Monetary Fund is urging countries to work out their differences over trade

Wells Fargo fined a combined $1 billion by federal regulators for abuses tied to its mortgage and auto lending businesses

Global shares are lower on trade worries and tech outlook after the IMF warned over the potential for trade tensions

Reports: Federal regulators plan to fine Wells Fargo as much as $1 billion as early as Friday for abuses tied to its auto lending and mortgage businesses

The AMP's chief executive has stepped down following revelations that Australia's largest wealth manager charged customers for financial services they never received and misled the industry watchdog

IMF's Largarde: US-China trade tensions, rising debt load threaten healthy global economy

When Angela Merkel was finally re-elected as Germany's leader in March, the way looked open for Europe's leaders to patch the cracks in the shared euro currency _ flaws that threatened to break the euro apart in 2010-12

Credit card advice isn't one-size-fits-all, and in some cases generic tips could hurt more than help