Congressional Democrats seek data about Bank of America’s free checking phase-out

Concerned about Bank of America's phase-out of a program that provided free checking, two Democratic members of Congress on Friday sought information about the banking giant's action. File photo taken in 2014 shows the corporate sign in front of a Bank of America branch office in Oakland, California.

European Central Bank officials cautious despite recovery

Fans of President Donald Trump who use marijuana say Attorney General Jeff Sessions' move to tighten federal oversight of the drug is the first time they've felt let down by the man they helped elect. Missouri Gov. Eric Greitens acknowledges he was "unfaithful" in his marriage but denies allegations that he blackmailed the woman he had an extramarital affair with to stay quiet.

Ladenburg Thalmann Financial Services Inc. Grows Holdings in…

Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of ProShares UltraShort Lehman 20+ Yr by 77.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,358 shares of the exchange traded fund's stock after buying an additional 1,906 shares during the period.

Bank of America Names Maria Zuber to Board of Directors

Zuber, 59, currently serves as the E. A. Griswold Professor of Geophysics and the vice president for research at Massachusetts Institute of Technology , where she is responsible for research administration and policy. She chairs the National Science Board, having been appointed as a member by President Barack Obama in 2013.

Ag Officials: Rainfall Slightly Down, But Good Year For Crops

Greene County has received less precipitation than normal this year, but when it has rained, it has been at the right times, officials say. According to a report by the University of Tennessee AgResearch & Education Center at Greeneville, the county has received 34.53 inches of rain or melted snowfall from Jan. 1 through Oct. 31. October saw slightly more rain than average for the month, accumulating 3.16 inches of rain compared to the average 2.08.

The AP: Trump to announce Jerome Powell as next Fed chairman

In this Sunday, Oct. 15, 2017, file photo, U.S. Federal Reserve Chair Janet Yellen speaks during the G30 International Banking Seminar, at Inter-American Development Bank headquarters in Washington. On Wednesday, Nov. 1, 2017, the Federal Reserve releases its latest monetary policy statement after a two-day meeting.

AM markets: wheat dips as rains ease Russia dryness worries

Certainly, Russia's wheat farmers, having enjoyed a record harvest, again, this year, are seeing their prayers answered for rain to improve conditions for winter sowings . "Beneficial rains are improving the plantings perspectives in Ukraine and precipitation should hit the south of Russia later," said Agritel.

Scandal 101: Equifax repeated Wells Fargo’s mistakes

Wells Fargo botched its fake account fiasco so badly that the bank is being hauled back for a congressional hearing almost exactly a year after the first one. Get ready for more fireworks when Senator Elizabeth Warren interrogates Wells Fargo about the bank's newest scandals during Tuesday's testimony.

First Financial Bankshares (FFIN) & Hudson City Bancorp (HCBK) Head-To-Head Review

First Financial Bankshares and Hudson City Bancorp are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, valuation, institutional ownership, earnings, profitability, risk and analyst recommendations. This table compares First Financial Bankshares and Hudson City Bancorp's net margins, return on equity and return on assets.

After Irma, America Should Scrap the Jones Act

Another big hurricane, another temporary waiver of the Jones Act -- the 1920 law mandating that goods and passengers shipped between U.S. ports be carried in U.S.-flagged ships, constructed primarily in the U.S., owned by U.S. citizens, and crewed by them or by U.S. legal permanent residents. Circumstances did indeed demand a new stay on this dumb law -- but it would be better to get rid of it altogether, as Senator John McCain and others have argued.

Citigroup sees third-quarter markets revenue down 15 percent versus year-earlier

Citigroup Inc third-quarter total markets revenue is running about 15 percent less than a year earlier when volatility was boosted by reactions to the Brexit vote and U.S. elections, Chief Financial Officer John Gerspach said on Monday at an investor conference. NEW YORK: Citigroup Inc third-quarter total markets revenue is running about 15 percent less than a year earlier when volatility was boosted by reactions to the Brexit vote and U.S. elections, Chief Financial Officer John Gerspach said on Monday at an investor conference.

TIMELINE-Unraveling of Wells Fargo sales scandal

Wells Fargo & Co on Aug. 31 raised the estimate of accounts opened without customers' knowledge by 1.4 million, bringing the total to about 3.5 million. The scandal over phony accounts came to light last September after the company announced a $185 million settlement with regulators to atone for the sales abuses.

LCNB Corporation (LCNB) versus Sterling Bancorp (PBNY) Financial Survey

LCNB Corporation and Sterling Bancorp are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, earnings, profitability, dividends, analyst recommendations, risk and institutional ownership. 37.9% of LCNB Corporation shares are owned by institutional investors.

Wells Fargo review finds 1.4M more suspect accounts

Nearly a year after Wells Fargo's fraudulent account scandal burst into public view, the bank said Thursday it had turned up more than a million additional accounts that customers may not have authorized. The news set off a fresh wave of criticism from those frustrated by the bank's slow pace in coming clean about its misdeeds.

Wells Fargo review finds 1.4M more unauthorized accounts

Review says 3.5M consumer and small business accounts may have been affected by sales scandal, up from 2.1M in initial 2016 estimate Wells Fargo review finds 1.4M more unauthorized accounts Review says 3.5M consumer and small business accounts may have been affected by sales scandal, up from 2.1M in initial 2016 estimate Check out this story on pressconnects.com: https://usat.ly/2wV7WLJ File photo taken in 2017 shows a Wells Fargo sign at one of the bank's branches in Philadelphia, Pa. Wells Fargo's fake accounts scandal expanded Thursday with the disclosure of roughly 1.4 million more potentially unauthorized accounts than the bank originally estimated when embarrassing episode erupted nearly a year ago.

HSBC Converts Sterling Wave From Brits Spooked by Corbyn, Brexit

HSBC Holdings Plc isn't plastering Heathrow with its "world's local bank" tagline anymore, but a Brexit-battered pound and a political swing to the left have spurred internationally minded Brits to snap up its foreign-currency accounts. Demand for HSBC Currency Accounts, which let customers hold cash in foreign currencies in the U.K., spiked 23 percent in June from the previous month, spokesman Ankit Patel said.