Catherine Leffert

TD Bank Group will sell its large Charles Schwab investment as the bank overhauls its capital strategy following historic compliance failures that shackled U.S. business plans.

While executives this week signaled they could accept policies that put pressure on the economy, analysts said the lighter regulatory touch is unlikely to offset Trump's tariff regime.

has been released from another consent order, marking the fourth regulatory action the bank has shaken off in the last month.

Shareholders in Capital One Financial and Discover Financial Services voted nearly unanimously Tuesday in favor of the combination of the companies, which would create the largest credit card lender in the country.

The legendary investor expressed his inclination for equities even after selling large chunks of Berkshire Hathaway's investments in three major banks. "That preference won't change," Buffett wrote in his annual letter to shareholders.

The Detroit lender will take a first-quarter hit due to a latest balance sheet restructuring, but said the play should boost profitability in the long term.

President Donald Trump's tariff policies will strain some banks' business customers, as their supply chains will have to be reconfigured. But uncertainty is the real headwind.

The San Francisco bank announced Monday that it has shed its fifth regulatory order this year — this one related to loss mitigation practices in its home lending business.

A federal judge ruled Tuesday that the bank must keep $14 billion, previously granted by the Environmental Protection Agency, in recipients' accounts. The Trump administration has been trying to pull back money distributed under President Joe Biden.

Following a media report that Department of Justice staffers have expressed concern about how Capital One's purchase of Discover would affect competition in the subprime credit market, analysts said the portfolio would be tough to sell. But they remain optimistic that the deal will get over the…