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.» Read More
No one had ever seen anything like it, former Treasury Secretary Hank Paulson told CNBC on Friday—nearly five years after Lehman Brothers went down.
A war of words is heating up over the federal tax exemption for credit unions. They want to keep it—and the big banks want it to end.
Former Citigroup boss Sandy Weill hasn't spoken to former protege Jamie Dimon recently, but told CNBC he'd welcome a phone call.
The former Citigroup chief also warned in a CNBC interview that the financial industry will be ineffective if new regulations are too restrictive.
The cuts were necessary because higher interest rates have reduced demand for home loans, Bloomberg News is reporting.
Wall Street on Monday kicks off the roadshow for what could become the biggest corporate debt sale in history. The FT reports.
Financial stocks are about to overtake tech stocks as the most weighted sector on the S&P 500. Is it time to buy or sell bank stocks? "Banks are earning more money now than ever before," says Dick Bove of Rafferty Capital.
One of the hottest areas now is the market for personal loans, which is attracting money from venture capital investors, spurred by the fast growth of Lending Club.
CIT Group reported a profit that edged past analysts' estimates as debt-servicing costs fell and its banking unit posted strong loan growth.
Analysts at Citi on Friday released a note to warn of their "neutral" rating on top-performing banking stock, offering alternative investing advice and telling investors to stay away from the "love-in".
Kelly King, BB&T chairman & CEO, discusses how the yield curve is impacting the mortgage business and weighs in on the commercial and retail banking space.
The private banking sector is showing improving signs of life as new money flowing into the sector sees a significant rebound, with UBS once again taking the top spot in a global poll of wealth managers.
Banks are going to have a "pretty tough" time logging a 15th-straight quarter of higher year-over-year earnings, banking analyst Dick Bove tells CNBC.
CNBC's Rick Santelli explains how high rates are taking a toll on commercial banks.
In his first TV interview in Asia, group CEO Antony Jenkins describes how the bank plans to raise additional capital to meet new regulatory requirements.
The Royal Bank of Scotland (RBS), has launched a major inquiry into the way it lends money to small- and medium-sized businesses.
Germany's banking system is one of the worst in the world, according to Paul Gambles, managing partner at advisory firm MBMG International, who told CNBC that Deutsche Bank is over-leveraged and is an accident waiting to happen.
Timothy Riddell, Head of Global Markets Research, Asia at ANZ discusses the hits and misses in the Chinese central bank's tough love approach towards banks.
Mainland banks are now able to buy greater stakes in Taiwanese counterparts, but as CNBC's Emily Chan finds out, the ultimate prize for Taiwan's lenders remains elusive.
System outages at several Chinese banks have exacerbated concerns amongst the public about a credit crunch, after the central bank tightened the availability of funds.