Cathay Pacific Airways denied a report that it is retrenching another 200 employees, in addition to the 600 job cuts it announced earlier. » Read More
By: Evelyn Cheng
Bitcoin added more than $200 Monday as major U.S. financial institutions warmed to the digital currency. » Read More
By: Evelyn Cheng
The next big populist movement in the country could be aimed at the tech sector, Bank of America Merrill Lynch's Michael Hartnett said. » Read More
The post-financial crisis period has pushed policymakers into reconsidering the dynamics of inflation, she said in a speech.
The German government has ruled out support for Deutsche Bank if it were to issue new stock, Dow Jones reported, citing a source.
"I don't think an insider is the right guy to do it," analyst Dick Bove says. "The culture needs to be adjusted."
A UK court has ruled in favour of Goldman Sachs in a $1.2 billion dispute with Libya's $67 billion sovereign wealth fund over nine disputed trades.
JPMorgan CFO Marianne Lake said Friday that her bank is conducting a "deep dive" into potential cross-selling issues.
Citigroup announced third-quarter earnings and revenue Friday morning that topped Wall Street expectations.
Deutsche Bank's finance chief told staff last month that job cuts at the bank could be double that planned, a source told Reuters.
Some of the names on the move ahead of the open.
A Fed dove who turned hawkish, Rosengren says his views have not changed — the economy has.
JPMorgan chief Jamie Dimon says the bank saw both loans and deposits grow in the quarter.
The hiring spree by the Russian bank comes against the backdrop of a broader retreat from U.S. investment banks in the region.
The Softbank Vision Fund is the same size as all funds raised by U.S. CV firms over the last two and a half years, the FT reports.
These are the stocks posting the largest moves after the bell on Thursday: HPQ, Honeywell and more.
More needs to be done to address the scandal that rocked Wells Fargo, Rep. Carolyn Maloney, D-N.Y., said.
California State Treasurer John Chiang told CNBC he needs to see real reform before the state does business with Wells Fargo again.
The House small-business committee chair says he is outraged that Wells Fargo deceived customers and has sent a letter to the bank demanding some answers.
Wells Fargo will have a bumpy road ahead, but the rough times probably won't last too long, analyst Chris Kotowski says.
Banks face increased regulations thanks to Wells Fargo, FBR Capital Markets' Paul Miller says.
The scandal served as a reminder of how far banks have to go yet to recover the public trust they lost after the 2008 financial crisis.
JPMorgan, Citigroup, PNC and Wells Fargo post earnings on Friday and there's a lot riding on the reports.
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