Argentina's central bank on Tuesday ordered HSBC Argentina to name a new president and vice president within 24 hours, accusing the bank of failing to establish necessary controls to prevent tax evasion and money laundering.» Read More
The eight biggest U.S. banks must boost capital levels by a total of about $68 billion under new rules, U.S. regulators said on Tuesday.
CNBC's Kayla Tausche reports on stricter requirements for U.S. banks, including a five percent minimum equity against assets.
The Fed gave banks two more years to shed risky loans, a move that does nothing to prevent another crisis, bank analyst Dick Bove tells CNBC.
CNBC's Kayla Tausche reports regulators have issued final rules that would increase leverage exposure for 8 of the biggest banks.
Dick Bove, Rafferty Capital VP of equity research, reacts to the Fed's decision to give banks an extra 2 years to conform to the part of the Volcker Rule that would force them to sell "riskier" forms of debt.
Andrew Scott, Professor of Economics & Deputy Dean at London Business School, says the capital requirements for global banks aren't substantial.
As European banks gear up for stress tests, one analyst told CNBC that almost none of them would pass the U.S.'s tougher scrutiny.
Raymond Ting, Executive Director & -Co-Chairman of shadow lender Credit China, says the firm hasn't lost any money since the business started in 2003.
In identifying which banks would be top choices for 2014, CNBC conducted a surveys based on themes that are currently being explored by various analysts.
China's credit binge, Abenomics and the end of U.S. tapering are generating both challenges and opportunities in Asia's banking shares. CNBC's Adam Bakhtiar reports.
Barclays is braced for further job losses at its investment bank, as the re-shaping of the bank continues, sources close to the matter said.
"More investors are using the MSCI ACWI Index as their benchmark," says Stephen Suttmeier, BofA Merrill Lynch Global Research chief equity technical strategist, in discussing a global rally.
Stephen Suttmeier, BofA Merrill Lynch Global Research chief equity technical strategist, explains why his firm is currently bullish on bank stocks.
In his first year, Pope Francis' aggressive efforts to reform the Vatican's scandal-scarred financial apparatus show he's not all talk. NBC News reports.
Kokou Agbo-Bloua, head of European equity strategy at BNP Paribas, expects "pretty significan" upside for European banks over the coming two to three years.
Misbehaving bankers could see their bonuses clawed back next year, under plans put forward by the Bank of England.
GE's North American credit card business filed for an initial public offering as part of GE's efforts to reduce exposure to its financial businesses.
Teresa Barger, Cartica Capital, discusses her plans to challenge Chile's CorpBanca plans to merge with the local unit of Brazilian bank Itaú.
Some government authorities question whether misdeeds are not just a few bad actors, but rather a flaw that runs through the banking industry.
The winners from the fourth quarter are underdogs, companies that have for years been cleaning up messes. Find out who they are.