AIG reported a larger-than-expected quarterly loss and that it is adding a Carl Icahn-linked board member.» Read More
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.
Royal Bank of Scotland reported a modest increase in second quarter profit after booking a £1.05 billion charge for the costs of restructuring.
The Fed is expected to point to a growing U.S. economy and stronger job market as it sets the stage for a possible interest rate hike in September.
New Barclays Chairman John McFarlane will wield the axe even more quickly at the bank, it emerged Wednesday.
Zurich Insurance said it was weighing up a bid for British $7 billion rival RSA Insurance Group.
Eugene Tarzimanov, VP and senior credit officer at Moody's Investors Service, explains why the unwinding of asset bubbles is the biggest risk for Asian banks in the months ahead, followed by China's slowdown.
A friendship between two lawyers could derail a $6 billion settlement involving Visa, MasterCard and merchants, a report says.
Some members of Greece's government wanted to raid central bank reserves and hack taxpayer accounts to prepare a return to the drachma.
It's been money in the banks this year, and a trader says there's one in particular set to break out.
Tidjane Thiam, the new chief executive of Switzerland's second-biggest bank, said it "may need" fresh capital to help address issues.
Bank of England policymakers voted unanimously to keep interest rates on hold this month but there were signs of edging towards a first rate hike.
There's a global market sell-off Thursday, but there's no recession coming to the U.S., according to this former executive.
Mad Money host Jim Cramer shares his strategy to win against the impact of big European banks right now. You can be scared, or you can be smart. Which one is it?
William R. Rhodes Global Advisors CEO Bill Rhodes discusses the risk in the European banking sector and whether the ECB will take more decisive action.