Philippe Brassac makes his mark with a management reshuffle, as the bank nears a settlement with U.S. authorities on sanctions.» Read More
Atlanta Federal Reserve President Dennis Lockhart, says monetary policy can "deal with the expansion of the pie," but "can't do much" about the distribution of the pie, in discussing trends in income distribution.
CNBC's Kelly Evans asks Atlanta Federal Reserve President Dennis Lockhart whether the U.S. economy can afford to wait to raise interest rates until higher confidence in sustainable economic trends.
Atlanta Federal Reserve President Dennis Lockhart, discusses the next move for interest rates in the U.S. Lockhart says he needs "more evidence" to have high confidence the U.S. will not see a reversal of the current economic trends.
According to sources, Bank of America is nearing a settlement deal with the Department of Justice, with CNBC's Kayla Tausche.
Bank of America and the Justice Department are closing in on a deal to settle mortgage probes that could reach as much as $17 billion.
Moody's Investors Service has put a negative outlook on the U.K. banking sector. Johannes Wassenberg, managing director at Moody's, explains that the changing regulatory framework will add pressure on U.K. lenders.
Ian Gordon, equity research analyst at S&P Capital IQ, discusses Standard Chartered's results, and says the group's losses should be lower in the second half.
The U.S. Federal Reserve approved a resubmitted capital plan from Bank of America, which announced it has raised its dividend.
Wells Fargo has relaxed its standards for loans for some high-priced homes as the largest U.S. mortgage lender tries to combat a drop in mortgage volumes.
Standard Chartered is facing another substantial fine from U.S. regulators as it announced its first-half profits fell by 20 percent.
Paul Dowling, Principal Analyst at East and Partners, outlines the challenges that Standard Chartered faces.
CNBC's Mary Thompson reports regulators have told banks their "living wills" need improvement and ask banks to address the shortcomings.
So-called living wills submitted by big banks are "not credible" and have to be revised by next July, federal regulators said on Tuesday.
Vidyo provides the technology behind Google's video chat "Google Hangouts." Ofer Shapiro, Vidyo CEO, launches a new banking application designed to aid consumers without going to a bank.
Credit Agricole said it took a $950 million hit related to its stake in Espirito Santo that nearly wiped out the bank's second-quarter net profit.
Bill Fitzpatrick, Senior Global Equity Analyst at Manulife, says Monday's earnings statement indicates that HSBC is "frustrated" with the lack of continuity among global regulators.
The $6.6 billion bailout of Portugal’s largest bank poses a warning on exposure to “fragile” emerging markets, analysts have cautioned.
Otilia Dhand, vice president at Teneo Intelligence, discusses Bulgaria's KTB bank after the central bank placed it under special supervision.
Edward Hugh, independent economist, says that the Banco Espirito Santo bailout raises the question of whether a debt restructuring will be needed and who would be "carrying the can".
CNBC's Helia Ebrahimi comments on HSBC's results and says that the picture for the banking sector remains laden with legacy costs.