Pedestrians walk past a Bank of America branch in Chicago

Bank of America reported a profit for the third quarter as chief executive Brian Moynihan’s cost-cutting efforts helped the bank offset the impact of (...)

Brian Moynihan: ancestors emigrated to the US in the 1850s

It looks like Denis O’Brien will unfortunately have to wait another year for entry, but the annual Wall Street 50 list, compiled by Niall O’Dowd’s Iri(...)

JP Morgan Chase: one of the top five US banks that are moving ahead of their European rivals in global investment banking. Photograph: Stan Honda/AFP/Getty Images

US banks are moving ahead of their European rivals in global investment banking, taking advantage of strategic upheavals and concerns over capital to (...)

Warren Buffett, chairman and chief executive of Berkshire Hathaway, speaking at Georgetown University in Washington DC last Thursday. Photograph: Andrew Harrer/Bloomberg

When you’re trapped in a city with House Republican gargoyles who don’t understand maths or history, much less reality, sometimes you crave a dose of (...)

A man walks next to a Bank of America branch in New York. Photograph: Reuters/Eduardo Munoz

Bank of America suffered a setback on its road to recovery as revenue in key divisions declined and earnings missed expectations, sparking a se(...)