Opinions

American International Group announced $3.6 billion in new costs to fill a reserve shortfall and said it will hold an initial public offering for its mortgage insurer and sell an adviser network as Chief Executive Peter Hancock seeks to boost returns and protect his job after criticism from activist investor Carl Icahn.

A JPMorgan Chase unit has reached an agreement to pay $1.42 billion to resolve claims it took advantage of its status as Lehman Brothers Holdings' primary lender to unfairly extract cash and position itself ahead of other creditors in Lehman's bankruptcy.

Bank of America and nine other banks have agreed to pay about $63 million to settle claims they misled the state of Virginia into buying faulty residential mortgage-backed securities.

Sun Bancorp in Mount Laurel, N.J., has agreed to pay $25,000 to resolve issues connected to the company’s former Sun Home Loans division.

The Consumer Financial Protection Bureau is receiving more pushback than fellow financial regulators from companies it hits with enforcement orders, likely as a result of the stronger wording the agency uses to publicize the actions.

Ben Carson, a former neurosurgeon, soared to near the top of the pack of Republican presidential candidates in polling, only to find his star falling rapidly after several questionable comments that sowed doubts about his foreign policy expertise. With the GOP nomination fight still in flux, it's unclear if Carson can recover.

Former Florida Gov. Jeb Bush has had a rough campaign. He started out in the summer of 2015 as the heavy favorite, swelled with contribution cash from financial institutions and many others, but he's quickly been overtaken by anti-establishment candidates.

Carly Fiorina, former chief executive of Hewlett-Packard, was broadly critical of the Dodd-Frank Act and regulation in general, two positions that heartened bankers. But she failed to gain traction in the Iowa or New Hampshire primaries, and subsequently dropped out of the race. Here's where she stood on key issues.

New Jersey Gov. Chris Christie has garnered a reputation as a straight-talking, moderate Republican. Though he performed well in the primary debates, he finished poorly in the Iowa and New Hampshire primaries. As a result, Christie has dropped out of the race. Here's where he stood on key issues.

Former New York senator and Secretary of State Hillary Clinton is well known to most players in the political world. Though she has billed herself as a progressive Democrat, many banks and other businesses see her as an acceptable alternative to GOP presidential candidate Donald Trump, who many on Wall Street view as unpredictable. Following are her views on a range of subjects.