JPMorgan retained its place at the top of the global investment bank rankings in the first half of this year despite a fall in revenues.
The head of a top Russian bank downplayed reports suggesting Putin has vast secret wealth, stressing the leader was “very much dedicated to his job.”
The apology from Wells Fargo CEO John Stumpf doesn't answer questions about the bank's fake accounts scandal, analyst Michael Mayo says.
The chief of the embattled bank told CNBC's Jim Cramer last week that "when we don't meet our goals with 100% right, I'm accountable."
The action taken against Wells Fargo for opening unauthorized accounts is a "political gift" to regulators, analyst Edward Mills said Friday.
Several years after the financial crisis, banks have not completely cleaned up their act, CFPB Director Richard Cordray said.
The chief executive remains upbeat on the state of consumers, he told CNBC on Thursday.
Bank of America chief Brian Moynihan also tells CNBC no one sees a rapid rise in rates by the Federal Reserve or in the bond market.
The ECB should buy up toxic assets seen in peripheral nations like Italy, according to Philippe Bodereau at Pimco.
Europe needs to see more banking mergers for the sector to be in position to become more profitable, Deutsche Bank Chief Executive John Cryan said.
U.K. banking giant Barclays is on track to close several deals in coming weeks designed to lighten its balance sheet, the Wall Street Journal reported on Thursday.
Russia's corporations painted an accurate reflection of the state of their country's economy Thursday with banks booming while commodities companies suffered.
Nearly 500 million people are living in countries with negative interest rates, which could fuel a return to a “cash-only” society, says S&P Global.
The City of London has relinquished hopes the U.K. will retain full access to the European single market for goods and services, the Financial Times reported on Thursday.
Some banks and insurers have recently started considering the idea of keeping piles of cash in high security vaults across Europe.
The murky balance sheets of China's banks have long spurred fears of an impending crisis, but the clean-up may already be proceeding apace, UBS said.
Banca Popolare di Milano posted a small rise in net profit in the first six months of the year, the Italian bank reported on Friday.
State-rescued Royal Bank of Scotland posts a massive £2.045 billion ($2.7 billion) loss for the first six months of 2016.
The chairman and CEO of JPMorgan Chase has had an awfully tough period in his personal life.
Mohamed Rafique Merican of Maybank Islamic explains the strong growth in Islamic finance after 2015 saw his bank issue more Islamic loans than conventional financing for the first time.