CNBC's Gemma Acton discusses the latest developments in the Italian banking sector. » Read More
Marco Elser, head portfolio manager at Lonsin Capital, says that the Italian government's deal on two ailing Venetian banks was a "template of how restructuring should be done." » Read More
The EU has raised its opening demand for Britain's Brexit bill to an upfront gross payment of up to €100bn, Financial Times reports.
Trump's real goal in talking tough about breaking up big banks probably isn't breaking them up, says Jake Novak.
FEDERAL DEPOSIT INSURANCE CORP ADDS $583 MILLION TO CLAIM AGAINST BANK OF AMERICA CORP- FILING.
FRANKFURT, May 2- Chinese conglomerate HNA Group has raised its stake in Deutsche Bank to 9.9 percent, a source close to Germany's flagship lender said on Tuesday. The move was first reported by Bloomberg on Tuesday. The moves reflect a broader push by China into financial services globally as Beijing encourages its corporate sector to expand overseas, although...
The CBOE Volatility Index (VIX) closing below 10 could be a warning sign for the stock market.
SAO PAULO, May 2- Latin American currencies seesawed on Tuesday as traders stood pat ahead of a Federal Reserve policy decision and key U.S. jobs market data later in the week. Also providing hints about the path of U.S. monetary policy, the U.S. Labor Department was scheduled to release on Friday April's nonfarm payrolls report. Brazil's benchmark Bovespa stock...
Philadelphia City Council votes to change handlers of its $2 billion payroll account.
Fmr. Federal Reserve Governor, Robert Heller & CNBC's Rick Santelli discuss the Financial Choice Act, capital requirements & Glass-Steagall.
Major averages slipped Monday but then rebounded after Trump said he is considering breaking up the banks.
Top companies are getting better when it comes to paid paternity leave, a new report says. These are the most generous.
Rep. Jeb Hensarling has signaled that the future of the Durbin Amendment is unclear, but he wouldn't commit to removing it himself.
RIYADH, May 2- Saudi Arabias Ministry of Health has received at least six bids to act as financial adviser for the privatization of 55 primary healthcare centers in Riyadh, banking sources said. Albilad Capital, NCB Capital, Gulf International Bank Capital, KPMG, PricewaterhouseCoopers and Banque Saudi Fransi all submitted bids by the deadline of April 26 to act...
RIYADH, May 2- Saudi Arabias Ministry of Health has received at least six bids to act as financial adviser for the privatisation of 55 primary healthcare centres in Riyadh, banking sources said. Albilad Capital, NCB Capital, Gulf International Bank Capital, KPMG, PricewaterhouseCoopers and Banque Saudi Fransi all submitted bids by the deadline of April 26 to act...
Former Rep. Barney Frank, (D-Mas.), shares his thoughts on the fate of Dodd-Frank and bank regulations.
Former Rep. Barney Frank, (D-Mas.), shares his thoughts on the fate of bank reform and regulating investment banks.
The Trump administration plans to replace Comptroller of the Currency Thomas Curry as chief overseer of federally chartered banks, The Wall Street Journal reported.
Republicans who want take a heavy knife to many of the regulatory requirements for financial institutions will finally get their chance today.
Morgan Stanley's wealth management business said it is lowering the commissions that brokers earn on stock trades, ETFs, and annuities.
Wall Street shuddered as President Trump, for the first time as resident of the White House, mused that he was considering breaking up the largest banks.
ULAANBAATAR, May 2- The International Monetary Fund has postponed a $5.5 billion bailout for Mongolia because of a measure included in the country's 2017 budget that forces foreign firms to bank with domestic institutions, the IMF's country representative said. "The Board discussion was postponed," said Neil Saker, the IMF's Mongolia country representative,...
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