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Jenny Surane

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Citizens Financial Group is one of the large regional lenders that have been building out their investment-banking capabilities as stubbornly low interest rates have crimped profits. / BLOOMBERG FILE PHOTO/KELVIN MA

U.S. regionals taking on Wall Street in investment-banking push

NEW YORK - Atlanta and Cleveland are far from Wall Street, but regional banks in those and other U.S. cities are mimicking their bigger...
CAPITAL ONE FINANCIAL CORP. was the only one of the 34 major U.S. banks that underwent the annual Federal Reserve stress test that is being required to file a follow-up plan with the central bank. / BLOOMBERG NEWS FILE PHOTO/CRAIG WARGA

Capital One must resubmit plan as 33 banks ace Fed tests

NEW YORK – Capital One Financial Corp. was alone among big U.S. banks in stumbling through the Federal Reserve’s annual stress tests, getting conditional...
A WALL STREET JOURNAL report alleged that Citizens Bank employees falsified information about how many bank customers attended "Citizens Checkup" meetings, an assertion the bank denied.

Citizens falls on report workers faked bank appointment data

NEW YORK - Citizens Financial Group Inc. dropped the most in the 24-company KBW Bank Index after some branch workers told a newspaper they...

Wall Street’s decade-long firing spree is seen winding down

NEW YORK - It’s the beginning of the end for major job cuts at U.S. banks, according to Challenger, Gray & Christmas Inc., a...

Fed’s Tarullo says stress tests to get tougher for big banks

WASHINGTON - The Federal Reserve plans to make changes to its annual stress tests that will penalize Wall Street banks for being large and...
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