Other heavyweights followed. Bank of America bumped its payout 8% to 28 cents, Wells Fargo moved from 40 to 45 cents, ...

Lenders had an upbeat week as every one of the US banks subject to the Fed’s annual stress tests passed without suffering any ...

Bank of America stock has rallied for 11 out of the last 13 weeks. Nextracker stock has catapulted 81% so far this year.

XLF hits a new 52-week high, fueled by surging bank stocks and strong capital buffers across financial giants.

That just about sums up the sell side’s bullish forecasts. On top of other drivers, investors like the potential for bank ...

Dow Jones Top Financial Services Headlines at 4 PM ET: Apollo-Backed Athora Buys U.K. Insurer for $7.8 Billion | H.I.G. ... Apollo-Backed Athora Buys U.K. Insurer for $7.8 Billion The acquisition of ...

JPMorgan Chase Ups Dividend, Approves $50 Billion Buyback After Stress Test The dividend increase and buyback come after the New York bank completed its stress test, which is used to assess an ...

Wells Fargo& Co.’ s board of directors is expected to raise the bank’ s quarterly dividend by 5 cents to 45 cents in the next step of emerging from a near 7½- year Federal Reserve- imposed total asset ...

OpenAI and Oracle have agreed one of the largest cloud computing contracts to date to power the development of artificial ...

U.S. policymakers are increasingly anxious about the integrity of certain government benchmarks, the crucial data points that ...

U.S. Bancorp commented on the results of the Federal Reserve’s Dodd-Frank Act Stress Test (DFAST) conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act. Based on ...

Apple’s global App Store revenue climbed 12% year over year in June, supported by continued growth outside its traditionally dominant gaming category, according to a note from Bank of America.