Banks

The Republican $1.5 trillion tax bill has been delayed because of procedural challenges from the Democrats. But when it does finally go through, one of the big winners will be banks. That’s because most of their business is here in the U.S., so they often pay higher taxes than other industries. A corporate tax rate […]

To boost profits, some banks are focusing on core banking businesses and escaping Fed oversight. Click the audio player above to hear the full story.

A bipartisan group of senators has agreed to take a big step in loosening up some of the bank regulations that were put in place after the 2008 financial crisis under the Dodd-Frank law. They’re backing a deal that would exempt small and regional banks from regulations and testing meant to ensure that financial institutions […]

A vote by the U.S. Senate last night allowing banks to keep using mandatory arbitration clauses in their contracts with consumers — rather than allowing class action lawsuits —essentially preserves the status quo. You might think that more fine print in more and more contracts would mean a lot more arbitration and a bonanza for […]

Some of the biggest U.S. banks are losing diversity, falling behind the rest of corporate America.

All of the major banks are expected to pass Federal Reserve stress testing this year.