U.S Bancorp is boring shareholders all the way to the bank. The financial crisis that’s laying low some of the giants of the industry has been a boon for Minnesota company, long regarded as one of the less dynamic banking enterprises.

A federal judge on Monday rejected Bank of America Corp's (BAC) and the U.S. Securities and Exchange Commission's proposed settlement over Merrill Lynch & Co bonuses, describing the agreement as a "contrivance" that harms shareholders.

Australia's second biggest lender Westpac Banking Corporation has elevated the head of its wealth management arm to lead its retail and business banking business, as part of a management reshuffle. Rob Coombe, BT Financial Group chief executive,...

Source: News Bites JPMorgan Chase sold 56,781 Macquarie Media shares from November 13 to December 4, 2009, decreasing from 18,140,828 shares (5.93%) to 18,084,047 shares (4.77%). STOCK DASHBOARD: December 07, 2009 Macquarie Media Group Closing Price:...

But some analysts have suggested Lala's innovative streaming services, built around cloud-computing, may not be kept through the acquisition process. As reported in the New York Times, sources have suggested Lala first approached Apple about an...

It's always important to keep in mind that it is the level of interest rates that matter for the economy, not the change in rates. While some borrowers may have been disappointed that rates were lifted again this month, the cash rate is still super low...

QUICK SUMMARY | FULL STORY AAP Australia's competition watchdog flagged more bank takeovers are unlikely and it would still knock back Caltex Australia Ltd's attempted takeover of Mobil Oil Australia's service stations if some sites were excluded from...