Bank of America to pay $16.65 billion over mortgages

Bank of America (BAC)'s tab for the financial crisis is now nearly $74 billion.

Barclays in $280m settlement with US regulators

Barclays agreed to a $280m (£167m) settlement with the US Federal Housing and Finance Authority (FHFA).

Bank of America profits up as credit improves

Bank of America has reported stronger-than-expected profits for the fourth quarter of 2013, helped by improving credit conditions.

Moody's downgrades 15 major banks

Credit ratings agency Moody's has downgraded 15 global banks and financial institutions.

Lehman Brothers to buy rest of Archstone for $1.58 billion

Lehman Brothers Holdings Inc said it would acquire the remaining 26.5 per cent of apartment company Archstone that it didn't already own from Barclays Capital and Bank of America Corp for $1.58 billion.

Apple emerges as top American brand, Wall Street firms the worst: Study

Apple Inc has the best image of any American company, scoring a record high in a new reputation study, while financial institutions filled the ranks of the worst.

Warren Buffett invests $5bn in Bank of America

Warren Buffett's company Berkshire Hathaway has announced it is investing $5bn (£3.1bn) in Bank of America.

News of the world famous investor's decision sent Bank of America's shares more than 25% higher.

JP Morgan agrees further fraud settlement

JP Morgan Chase is to pay $228m (£143m) to settle claims it rigged auctions, its second fraud payout in a month.

The deal was reached with regulators, tax authorities and 25 US states, who accused it of fixing bids for state and municipal contracts on 93 occasions.