HSBC plans to axe 82 branches in Britain this year after a drop in footfall across its retail network and a surge in digital banking.
Bank of America Corp posted a drop in fourth-quarter profit on Tuesday that still topped Wall Street expectations.
Goldman Sachs Group Inc dwarfed Wall Street estimates as its fourth-quarter profit more than doubled.
Legendary investor James Simons has stepped down as chairman at his secretive hedge fund Renaissance Technologies.
Associated Banc-Corp is also accused of allowing the plan to pay excessive recordkeeping fees to its subsidiary.
Mohamed El-Erian thinks the path of least resistance continues to be upwards as equities float along in a “rational bubble.”
Citigroup Inc reported a 7% decline in fourth-quarter profit on Friday, beating market expectations but failing to draw Wall Street approval.