U.S. inflation will likely rebound as pressure from the dollar fades, allowing the Fed to hike rates slowly, Vice Chairman Stanley Fischer said.» Read More
A reverse mortgage start-up has raised about $230 million in a private offering, which sets the stage for a potential initial public offering.
Standard Chartered said its first-quarter profit fell by a high single-digit percentage compared with last year thanks to tough market conditions.
Consumer credit rose by the largest amount since February 2013, boosted by growing demand for student and auto loans.
Despite Barclays' disappointing results this week, analysts are not expecting any great changes when it reveals its strategy update this Thursday.
Renaud Laplanche, Lending Club founder & CEO, discusses the company's newly formed strategic alliance formed with Union Bank. Laplanche also explains how they help pay off student loans and credit card debt.
Aaron Vermut, Prosper Marketplace CEO, discusses the company's alternative online lending platform and strong growth in the sector.
Rumors are swirling that the Alibaba IPO filing will happen this week. CNBC's Kayla Tausche reveals who stands to make big money from the IPO.
Analysts reacted with caution and criticism to Attorney General Eric Holder's signaling potential criminal charges against global banks.
The U.S. is planning to use an anti-tax-evasion law to punish Russia for its actions in Ukraine, which could prove to be more costly than sanctions.
CNBC's Eamon Javes reports Attorney General Eric Holder has posted a video message on the DOJ's website stating there is no such thing as too big to jail.
JPMorgan Chase expects second-quarter markets revenue will be about 20 percent lower than a year earlier, the company said on Friday.
The flight from the Pimco Total Return Fund continued apace in April with investors withdrawing another $3.1 billion, the 12th month of outflows.
Part-nationalized Royal Bank of Scotland trebled its profit in the first quarter, boosted by effective cost-control and waning impairment charges.
The news that Wal-Mart is getting into the car insurance business begs the question: is there anything that the world's largest retailer doesn't hawk?
A report released Wednesday said one-third of people who signed up for health insurance through new federal exchanges hadn't paid their first month's premium.
Digging into new all-time highs for the Dow, and the health of bank lending, with CNBC contributor Ron Insana; Forbes Media Chairman Steve Forbes; and FMHR trader Jon Najarian.
CNBC's Kate Kelly reports big bank BNP Paribas and Credit Suisse may soon be facing criminal charges over alleged money laundering.
The former Citigroup chairman and CEO also tells CNBC that banking regulators should not be adversaries of the companies they oversee.
Pimco's new global equity chief plans a first batch of new hires that could see her investment team grow by half.
Regulations on big banks have created a vacuum into which alert entrepreneurs have established commanding positions, says bank analyst Dick Bove.
Inflation pressure in the U.S. economy is likely to rebound, paving the way for tighter rates, a top Fed official said.
Eric Wasserstrom, Guggenheim analyst, explains the upgrade on Citigroup, Regions Financial and U.S. Bancorp.
Recent moves by the White House suggest that the US may be nearing a settlement with Fannie Mae and Freddie Mac shareholders, says Dick Bove.