Mike Mayo, banking analyst with CLSA, joined Marketplace Morning Report prior to today's shareholder meeting to discuss.

Many of Wall Street's biggest banks are beating profit expectations as the mortgage business comes back.

JPMorgan Chase is facing a new law suit: civil fraud charges in New York state, over mortgage-backed securities. How does this case differ from potential criminal charges?

Janitors who clean the offices of some of the world's richest corporations in this Texas city are among the lowest paid in the country. They have been on strike this summer trying to raise the definition of a low-level wage.

Global markets are down about a percent this morning after the rating agency Moody's downgraded the credit ratings of 15 of the largest banks in the world. Among them, European institutions — but also big American banks like JP Morgan Chase and Bank of America.

Chairman and CEO of JPMorgan Jamie Dimon will be grilled on a huge trading loss by the bank's unit in London.

As more details emerge about JP Morgan's money-losing "London Whale" trade, the goalposts are moving fast and it's harder than ever to explain what's going on.