The former chief executive has been reported to Sweden’s economic-crime prosecutor over alleged market abuse, the FT reports.» Read More
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.
HSBC has been aggressively cost-cutting, so the hiring and salary freeze comes as no surprise, explains Keith Pogson, Asia Pacific financial services senior partner at EY.
Barclays and Credit Suisse are poised to settle charges that they misled investors, the New York attorney general's office said Sunday.
2016 is proving a difficult year for European banks, as the industry grapples with nonperforming loans, rocky markets, increasing regulation and EM volatility.
The FMHR traders discuss stocks making headlines today including Visa and American Airlines.
Chief financial officer of Deutsche Bank has said that he expects 2018 to be the first "clean" year for the bank.
The "Fast Money" traders give their final trades of the day.
RBS said it would take a surprise 3.58 billion hit to its fourth-quarter profits after setting aside more cash to cover litigation costs.
The former chief executive has been reported to Sweden’s economic-crime prosecutor over alleged market abuse, the FT reports.
With the fundamental economy still strong, negative interest rates aren't in the interest of the economy nor the banking system, says BB&T Chairman and CEO, Kelly King.
The biggest hazard for U.S. banks in 2016 might not be China or energy. It could be Janet Yellen.