Credit Suisse's new chief, Tidjane Thiam, is set to launch a substantial capital raising as part of his strategic plan, the FT reports.» Read More
A company statement listed a stake in Hua Xia Bank, litigation provisions and impairment of goodwill as factors in the expected charges.
The SEC has fined 22 municipal bond underwriting firms for not complying with the proper disclosure rules.
The Swiss National Bank (SNB) decided to keep its main interest rate at - 0.75 percent on Thursday in a bid to stem currency appreciation.
Dick Bove, the vice president of equity research at Rafferty Capital Markets, has heaped pressure on Bank of America.
Bank of America's move to combine the role of CEO and board chair makes a mockery of efforts to improve bank oversight, Mike Mayo said.
Big investment banks like Goldman Sachs and Morgan Stanley are most at risk of liquidity challenges as markets sell off, Dick Bove says.
The Greek stock exchange opened after a five-week hiatus on Monday and, as expected, the results weren't pretty.
Bank of Ireland, which was bailed out during the country's debt crisis, reported soaring profits for the first half of 2015 as bad debts were reduced.
New Barclays Chairman John McFarlane will wield the axe even more quickly at the bank, it emerged Wednesday.
Data from the FDIC show that America’s smaller banks have been suffering for decades both in falling numbers and a declining share of total assets.
Christian Edelmann, global head of corporate & institutional banking at Oliver Wyman, explains why new regulations pose as "significant burdens" for the corporate banking sector.
UBS and Morgan Stanley were the world's biggest wealth managers in 2014, with AUM swelling at each to top $2 trillion, according to new research.
Making banks draw up living wills is no way to run an industry and seeks to weaken confidence in the banking system, Dick Bove said.
HSBC has fired six members of its U.K. staff after they posted a video featuring an Islamic State-style mock execution.
Rishi Khosla, CEO of OakNorth Bank, talks about the impact of challenger banks on the economy.
Financial stocks are surging, thanks to the Fed's signals it is raising rates and recommendations by major Wall Street research shops.
With talks between Greece and its creditors at a stalemate and time rapidly running out, ECB President Mario Draghi has called on Athens to make the first move.
HSBC is betting on China's Pearl River Delta for growth, but the region's patchy development underlines the risks in the bank's Asia "pivot" strategy.
The financials were the best performing sector of the week, and it wasn't just in anticipation of rising rates, David Darst said.
Marty Mosby, director of bank and equity strategies at Vining Sparks, says they are overweight on the banking sector and gives his outlook for the sector.