Argentina's central bank on Tuesday ordered HSBC Argentina to name a new president and vice president within 24 hours, accusing the bank of failing to establish necessary controls to prevent tax evasion and money laundering.» Read More
As observers look for signs of when the Fed will hike interest rates, "Fast Money" traders predicted which stocks would benefit.
Jim Antos, bank analyst at Mizuho Securities Asia, expects ICBC, Agricultural Bank of China and Bank of Communications to deliver earnings growth of less than 5 percent.
David Marshall, senior analyst, Asia-Pacific Financials at CreditSights, discusses how higher non-performing loans and provisioning charges impact the earnings of Chinese banks.
Big investment banks like Goldman Sachs and Morgan Stanley are most at risk of liquidity challenges as markets sell off, Dick Bove says.
Following the latest monetary stimulus, investors may have taken the opportunity to reduce their exposure to China, says Alex Wong, director of asset management at Ample Capital.
Banks stocks received a flurry of upgrades Tuesday, as the market selloff in the past week reset valuations for the group, Wall Street analyst said.
Box still sheds money, but the cloud computing company's CEO believes some New York City digs will help it grind out a profit.
Target reached a deal to pay up to $67 million to settle Visa claims related to a 2013 data breach that resulted in the debit and credit card theft.
With U.S. stocks choppy again Wednesday, investors sought safe picks in an increasingly uncertain market.
Lachlan Colquhoun, CEO of East and Partners Asia, says the Commonwealth Bank of Australia's results indicate a slowdown in income, which raises questions about the bank's outlook.
While the annual profit of Commonwealth Bank of Australia met expectations, weaker margins and higher bad debts signal concerns ahead, says David Ellis, head of Australian banking research, Morningstar Australasia.
CBA unveiled a $3.65 billion rights issue as its annual profit met expectations, completing a fundraising round by Australia's "Big Four" lenders.
The Greek stock exchange opened after a five-week hiatus on Monday and, as expected, the results weren't pretty.
JPMorgan Chase will move more than 2,100 jobs from Manhattan to New Jersey to benefit from an incentive program offered by the state of New Jersey.
Standard Chartered halved its dividend and said it would raise capital from investors if needed, as new chief executive, Bill Winters, discussed reviving the bank.
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.
Lloyds Banking Group reported a 15 percent jump in pre-tax profit for the first half of 2015 to £4.4 billion ($6.9 billion) on Friday.
Matthew Phan, analyst, Asia-Pacific Banks at Creditsights, explains why the boost in net interest margin securities (NIMS) among Singapore banks will be sustainable.
OCBC's overseas strategies paid off in the three months ended June, while UOB "paid the price for staying at home", says Lachlan Colquhoun, chief executive at East and Partners.
A group of influential financial minds is calling on banks to reform their internal culture and meaningfully punish wrongdoing.
Argentina's central bank on Tuesday ordered HSBC Argentina to name a new president and vice president within 24 hours.
China's new international development bank will offer loans with fewer strings attached than the World Bank, sources said.
BofA's move to combine the role of CEO and board chair makes a mockery of efforts to improve bank oversight, Mike Mayo said.