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Dutch financial-services company ING Groep's quarterly net profit jumped as strong results at its banking arm offset a weaker performance for insurance.

Regulators closed six more banks around the country, marking the second consecutive year that more than 100 financial institutions have collapsed.

American International Group Inc is expected to name former Prudential Plc Chief Executive Mark Tucker as head of AIA, as it prepares the Asian life insurance unit for an initial public offering, a source familiar with the matter said on Sunday.

Lawmakers on Tuesday spared auto dealers from new scrutiny and neared agreement on trading limits for banks as they raced to complete the biggest overhaul of the financial rule book since the 1930s.

A compensation review of 28 financial companies found that many of the bonus programs that economists said contributed to the financial crisis were still in place.

Citigroup is positioning its mainly subprime CitiFinancial consumer lending unit to grow—and thus to be sold more easily.

Morgan Stanley shares dropped Wednesday following a report that the investment bank is facing an investigation into mortgage derivative deals.

JPMorgan Chase reported a $3.3 billion profit for the first quarter Wednesday, even as its results were tempered by ongoing losses in consumer loan portfolios.

Goldman Sachs Group Inc. dished out 47 percent more in pay and bonuses to its employees in 2009 versus the previous year.

The bank beat Q4 estimates. Executives say credit statistics are improving.