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.» Read More
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.
Low interest rates and concerns about future litigation are no reason to turn a blind eye to bank stocks, Dick Bove tells CNBC.
Here's why CLSA analyst Mike Mayo is sounding the all-clear on the U.S. financial system and is bullish on bank stocks.
HSBC, one of the largest hedge fund investors in the world, has changed the leadership of a key private banking unit.
French bank Societe Generale reported a hike in its first-quarter net income thanks to a smaller hit from its struggling Russian unit.
Shares in global bank rise on Q1 results just days after its annual general meeting, at which it said that it was considering moving from London.
The Swiss banking giant reported a hike in profit for its first quarter, despite the SNB's shock decision to unpeg its currency from the euro.
While there is a perception credit is not available, it is more available now and at great rates, Wells Fargo CEO John Stumpf said.
Commerzbank on Monday launched a share sale to raise 1.4 billion euros ($1.5 billion) from institutional investors.