With European banks under pressure, recession isn't out of the question — but the current panic is overdone, one expert told CNBC.» Read More
UBS has reacted to the financial market turbulence by freezing salaries for its investment bankers until at least mid year. The FT reports.
Deutsche Bank is considering buying back billions of euros of its debt, in efforts to stop the tumbling value of its securities.
The FMHR traders discuss possible warning signs of a recession in the markets as selling pressure continues, and Disney earnings out after the closing bell.
Gillian Tett, Financial Times U.S. managing editor, reacts to the moves lower in financials, and the letter to investors from John Cryan, Co-CEO of Deutsche Bank.
CNBC's Kayla Tausche reports on carnage in the big banks.
Fears of another liquidity shock in the European banking system have gripped the markets this week, with the price of insurance for European bank debt ballooning.
Dennis Gartman, "The Gartman Letter," and Krishna Memani, OppenheimerFunds, provide their take on what's driving the surge in gold prices and why bank stocks are getting attractive at these levels.
Swedish bank Swedbank said on Tuesday Chief Executive Michael Wolf was stepping down with immediate effect.
CNBC's Bob Pisani reports on the stock market selloff Monday, where selling is not just in energy.
Following the furor around bad loans, the head of one of Italy's biggest banks said now could be the time to buy Italian real estate and Europe's bank stocks.
Eliminating high-denomination currency notes would help deter tax evasion, financial crime, terrorism and corruption, the ex-head of Standard Chartered Bank has argued.
China's foreign reserves fell for a third straight month in January, as the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows.
Kathy Lien, BK Asset Management, provides her read on the crushing losses in the U.S. dollar.
Kyle Bass said the day of reckoning for Chinese banks and a significant yuan depreciation could be just months away.
Financials are down 13 percent this year, so should investors stick with these stocks? The FMHR traders provide perspective.
Carl Icahn may not like the restructuring plans announced by AIG last week, but other shareholders do, CEO Peter Hancock says.
Former hedge fund manager Raoul Pal predicts several big European banks could be on the verge of bankruptcy.
Dick Bove, Rafferty Capital, discusses the financial sector as financial stocks slide.
UBS reported forecast-beating 2015 net profit, but warned of continued headwinds. Its stock was sharply lower in early trade.
Net profit at Swiss bank Julius Baer under IFRS accounting standards fell by two thirds in 2015.
China's banks face a credit crisis with a potential hit 400% larger than U.S. banks' subprime losses, hedge fund boss Kyle Bass warned.
A recession isn't out of the question — but the current panic is overdone, one expert told CNBC.
The Commonwealth Bank of Australia CFO David Craig identifies where the bank is seeing growth as well as softness.