Banking and credit

Treasury Secretary Steve Mnuchin speaks during a news conference at World Bank/IMF Spring Meetings, in Washington, Saturday, April 21, 2018. ( AP Photo/Jose Luis Magana)
April 22, 2018 - 1:37 am
WASHINGTON (AP) — The International Monetary Fund and the World Bank repeatedly warned at their meetings this week that intensifying trade tensions could jeopardize a healthy global economic expansion. But U.S. Treasury Secretary Steven Mnuchin expressed cautious optimism Saturday that countries...
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International Monetary Fund (IMF) Governors gather for a group photo during World Bank/IMF Spring Meetings in Washington, Saturday, April 21, 2018. ( AP Photo/Jose Luis Magana)
April 21, 2018 - 4:18 pm
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin expressed cautious optimism Saturday over efforts to resolve trade tensions that have rattled financial markets and clouded the global economic outlook. Mnuchin held a string of meetings over the past three days with financial officials from China...
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Foreground from left, U.S. Treasury Secretary Steve Mnuchin, Japan's Finance Minister Taro Aso and U.K. Chancellor of the Exchequer Philip Hammond sit with others for the group photo of International Monetary Fund governors at the World Bank/IMF Spring Meetings in Washington, on Saturday, April 21, 2018. (AP Photo/Jose Luis Magana)
April 21, 2018 - 1:08 pm
WASHINGTON (AP) — The Latest on the global finance meetings in Washington (all times local): 1 p.m. Treasury Secretary Steven Mnuchin (mih-NOO'-shin) says he's had a number of discussions with his counterparts — during global finance meetings in Washington — that have dealt with President Donald...
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Argentina's Treasury Minister Nicolas Dujovne speaks during a news conference after the G20 meeting at the World Bank/IMF Spring Meetings, in Washington, Friday, April 20, 2018. ( AP Photo/Jose Luis Magana)
April 20, 2018 - 2:20 pm
WASHINGTON (AP) — The latest from the spring meetings of the Group of 20 major economies, the 189-nation International Monetary Fund and its sister lending institution, the World Bank. (All times local) 2 p.m. Global finance ministers see rising trade tensions between the United States and China as...
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FILE - This Aug. 11, 2017, file photo shows a sign at a Wells Fargo bank location in Philadelphia. The New York Times and other news outlets are reporting Thursday, April 19, 2018, that federal regulators plan to fine Wells Fargo as much as $1 billion as early as Friday for abuses tied to its auto lending and mortgage businesses. (AP Photo/Matt Rourke, File)
April 20, 2018 - 11:52 am
NEW YORK (AP) — Wells Fargo will pay $1 billion to federal regulators to settle charges tied to its mortgage and auto lending business, the latest chapter in years-long, wide-ranging scandal at the banking giant. However, it appears that none of the $1 billion will go directly to the victims of...
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FILE - This Aug. 11, 2017, file photo shows a sign at a Wells Fargo bank location in Philadelphia. The New York Times and other news outlets are reporting Thursday, April 19, 2018, that federal regulators plan to fine Wells Fargo as much as $1 billion as early as Friday for abuses tied to its auto lending and mortgage businesses. (AP Photo/Matt Rourke, File)
April 19, 2018 - 8:30 pm
NEW YORK (AP) — Federal regulators plan to fine Wells Fargo as much as $1 billion as early as Friday for abuses tied to its auto-lending and mortgage businesses, The New York Times and other news outlets reported, citing unnamed sources. The potential $1 billion fine would be largest ever imposed...
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International Monetary Fund (IMF) Managing Director Christine Lagarde speaks at the panel Reforming the Euro Area: Views from inside and outside of Europe, during the World Bank/IMF Spring Meetings, in Washington, Thursday, April 19, 2018. ( AP Photo/Jose Luis Magana)
April 19, 2018 - 5:33 pm
WASHINGTON (AP) — The head of the International Monetary Fund warned Thursday that the healthiest global economy in years is threatened by rising debt levels, volatile financial markets and a simmering trade dispute between the world's two biggest economies. IMF Managing Director Christine Lagarde...
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FILE - In this Tuesday, Oct. 18, 2011, file photo, the Morgan Stanley logo is displayed on its Times Square building, in New York. Morgan Stanley reports earnings Wednesday, April 18, 2018. (AP Photo/Mark Lennihan, File)
April 18, 2018 - 8:38 am
NEW YORK (AP) — Morgan Stanley's first-quarter profits hit a record high, helped by a lower tax bill and a boost in revenue from last quarter's volatile markets. The New York investment bank reported a profit Wednesday of $2.67 billion, or $1.45 per share, compared with a profit of $1.93 billion,...
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FILE- In this April 12, 2018, file photo, a container ship is unloaded at the Port of Oakland in Oakland, Calif. The International Monetary Fund has upgraded its economic outlook for the United States in 2018 and foresees a strong year for the global economy as well. The IMF predicts that the U.S. economy will grow 2.9 percent this year, up from the 2.7 percent it had forecast in January and up from the 2.3 percent growth the economy achieved last year. (AP Photo/Ben Margot, File)
April 17, 2018 - 11:38 am
WASHINGTON (AP) — The International Monetary Fund warned Tuesday that rising trade tensions between the United States and China risk undermining a global economy that the IMF believes should otherwise grow solidly this year. The IMF predicted Tuesday that the U.S. economy will grow 2.9 percent this...
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FILE - In this Jan. 14, 2015, file photo, people walk past a branch of Chase bank, in New York. JPMorgan Chase & Co. reports earnings Friday, April 13, 2018. (AP Photo/Mark Lennihan, File)
April 13, 2018 - 4:16 pm
NEW YORK (AP) — Three of America's biggest banks reported higher profits Friday, with a huge assist from the tax law passed late last year. JPMorgan reported a record quarterly profit, while Citigroup and Wells Fargo topped analyst expectations. Banks are expected to be major beneficiaries of the...
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