The CEO-worker pay ratio, included in Dodd-Frank, "was thrown in there at the behest of special interests," says ex-SEC chief Paul Atkins.
Since the banking law took effect in July 2010, lending to businesses and consumers has continued to hit new highs, data shows.
"The assault on the major set of plans is greatly mistaken," former Rep. Barney Frank tells CNBC.
"For a global bank as we are and by the way as many of the American banks, this can represent a challenge."
The finance world delivered a muted response to Trump's temporary ban on immigration. The New York Times reports.
Twenty billion euros earmarked by the Italian government will be enough to help recapitalize weak banks, the Bank of Italy governor said.
Bank stocks need more than Trump promises of deregulation and Fed signals of higher rates, the influential banking analyst tells CNBC.
Financials may have pared back some of their gains, but all signs point to a positive outlook, former Wells Fargo CEO Dick Kovacevich said.
Wells Fargo is "growing at a slower rate" in the wake of the fake accounts scandal, CFO John Shrewsberry says.
Financials have been on a tear higher since President-elect Donald Trump won the election, and several market experts see the rally continuing.
Wells Fargo will close out one the most difficult periods in its 165-year history by trying to convince investors that the future is bright.
Italy's fifth-largest bank UBI Banca said on Thursday it would launch a share issue for up to 400 million euros to strengthen its capital.
Jan. 12 will be the last day to earn the Chase Sapphire Reserve's big bonus by applying for the card online, The New York Times reports.
European nations are reportedly accelerating preparations to attract bankers and financial professionals away from London.
You'd be surprised at how much money banks make every time you end up a few dollars short at the register.
Italy's government approved a state bailout in principle for Monte dei Paschi di Siena on Friday.
More than eight years after the collapse of the global financial system, the Continent's banks are struggling and things may worsen.
Italy's parliament has approved a 20 billion euro rescue fund for Monte dei Paschi after the bank failed to secure an anchor investor.
More than eight years after the collapse of the global financial system, the Continent's banks are struggling — and things may worsen.
Financial stocks are going to continue to soar thanks to an improving economy, less regulation and higher interest rates, experts said.