Retail & Commercial

Morgan Stanley, owner of the world's largest brokerage, reported profit that beat analysts' estimates as equity-trading revenue increased and earnings from wealth management climbed to a record.

Bank of New York Mellon Corp (BK:US)., the world's largest custody bank, said fourth-quarter earnings fell 18 percent because of a loss related to an equity investment.

First Horizon National (FHN) in Memphis, Tenn., returned to profitability in the fourth quarter after recording a benefit for income taxes.

The $2 billion-asset company said late Thursday that it would sell branches in Anthony and Harper to BancCentral in Alva, Okla. A third branch, in Overland Park, is being sold to Fidelity Bank in Wichita, Kan.

With the digital currency Bitcoin making inroads with nationally known merchants like Zynga and Overstock.com, a professional sports enterprise has decided to take its best shot.

American Express has escaped serious harm from the recent and massive Target data breach, Chief Financial Officer Jeff Campbell told investors Thursday.

American Express has escaped serious harm from the recent and massive Target data breach, CFO Jeff Campbell told investors.

Associated Banc-Corp (ASBC) posted a fourth-quarter profit of $47.8 million, up 2.4% from a year earlier.

Susquehanna Bancshares (SUSQ) in Lititz, Pa., announced several executive changes.

People's United (PBCT) in Bridgeport, Conn., reported a dip in quarterly profits as income from sales of residential mortgage loans fell.