Since the latest episode of extreme volatility in global markets, investors have shifted their interest from emerging markets to the U.S. and European stocks, says Amin Rajan, CEO of U.K.-based CREATE-Research.» Read More
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.
Travelers reported a stronger-than-expected profit as catastrophe losses almost halved and it recorded a gain from the resolution of tax issues.
In the latest move from regulators to prevent banks from being too big to fail, eight institutions have been hit with capital surcharges.
CNBC's Dominic Chu reports Morgan Stanley top and bottom line beat pushed shares higher today. And the FMHR's Pete Najarian provides his trade on the big bank.
Miramax is exploring strategic alternatives including a potential sale, according to people familiar with the matter.
Bill Nygren, Oakmark Fund manager, shares his top plays for the second half. We love the financial services companies, says Nygren. We've added American Express and Fiat Chrysler to our holdings.
Citi delivered quarterly earnings that topped analysts' expectations on Thursday, as restructuring and cost cuts paid off and legal costs plunged.
Bank of America reported quarterly earnings that beat analysts' expectations on Wednesday.
The RBI has hired a former Nomura trader as it seeks expertise needed to make India's financial markets deeper and more responsive to policy moves.
China's recent slowdown is "not a surprise," Frederic Oudea, CEO of Societe Generale, told CNBC on Thursday.
The Hong Kong-listed Fosun group may now have to switch its focus after a series of large acquisitions, the FT reports.