Financials

Banking giant Wells Fargo agreed to pay $575 million to settle state-level claims for deceiving consumers. The third largest bank admitted that it systematically scammed its customers for 15 years, from 2002 to 2017.

"An entity like Merrill may not avoid liability by using another broker to obtain fraudulently issued ADRs on its behalf," the SEC says.

Executives at the Tokyo-based firm may shed more than 100 traders and bankers across its overseas units.

Jupiter Fund Management Plc. (JUP.L) announced Tuesday the appointment of Wayne Mepham as Chief Financial Officer with effect from September 2, subject to customary regulatory approvals.

Accenture announced that effective immediately, Chairman and CEO Pierre Nanterme has stepped down for health reasons.

McKinsey & Co. agreed to pay $15 million to settle the U.S. Justice Department allegations that the consulting firm failed to make required disclosures of potential conflicts in three bankruptcy cases it has advised on in recent years.

The board of directors of MetLife, Inc. (NYSE: MET) today announced that Michel A. Khalaf, president, U.S. Business and EMEA, will become MetLifes president and chief executive...

U.S. long-term mortgage rates fell this week after four weeks of increases, giving a boost to prospective home buyers during the spring sales season.

Blackstone (NYSE:BX) today announced that funds affiliated with Blackstone Infrastructure Partners (BIP), have made a growth-oriented investment in Ca

Tribune Media terminated its merger agreement with rival TV station-owner Sinclair Broadcast Group and sued the company, alleging it failed to make sufficient efforts to get their $3.9 billion deal approved by regulators. Changed.