Wells Fargo & Co said on Thursday general counsel Allen Parker, who briefly served as interim chief executive of the scandal-hit U.S bank, will step down next year.
American International Group Inc missed analysts' estimates for third-quarter profit on Friday after a difficult catastrophe loss period and a review of assumptions it has used to write life insurance policies.
Nov 1 American International Group Inc
missed analysts' estimates for third-quarter profit on Friday
due to weakness in the insurer's life and retirement unit and a
difficult period for catastrophe losses.
Mastercard Inc on Tuesday beat Wall Street estimates for quarterly profit as customers shrugged off fears of an economic slowdown and spent more with their credit and debit cards, boosting fees for the world's second-largest payment processor.
Richard Branson-backed Virgin Galactic Holdings Inc fetched a valuation of around $2.3 billion (£1.79 billion) on its market debut on Monday, after shares in the first publicly traded space tourism company popped before fizzling out. | Video
Warren Buffett's Berkshire Hathaway Inc is seeking permission from the Federal Reserve to boost its stake in Bank of America Corp above the 10% level, according to an application document provided by the Fed on Tuesday.
Prudential Financial Inc is set to buy online insurance startup Assurance IQ Inc for $2.35 billion, the latest in a series of moves by traditional insurers to up investment in technology and data crunching by buying Silicon Valley startups.