The former chief executive has been reported to Sweden’s economic-crime prosecutor over alleged market abuse, the FT reports.» Read More
CNBC's Mary Thompson speaks to Michael Carpenter, Ally CEO, about plans to improve Ally's profitability and how Eric Cantor's Virginia primary defeat will impact the business community.
Austria’s finance minister admitted he could not understand the reasoning behind Standard and Poor's' warning about the country’s banks.
The bank made its final multibillion-dollar settlement offer, but it was said to be short of what the Justice Department wants it to pay.
With the global markets on the run with better-than-expected news from China, the FMHR traders discuss if anything can derail this rally. Stephanie Link says you may not have a massive correction just a continual rotation.
Lloyds Banking Group priced its high-profile flotation of a quarter of its TSB division at 220-290 pence per share on Monday.
Dissecting the action in Citigroup and Goldman Sachs, and the outlook for other bank stocks, with the FMHR traders, and Mike Santoli, Yahoo! Finance senior columnist.
The "Squawk on the Street" new team discuss a report by The Wall Street Journal that Bank of America is in talks with the Justice Department to settle probes involving the handling of mortgages before the financial crisis.
A group of payday lenders filed a lawsuit against three U.S. banking regulators, saying a federal anti-fraud initiative unfairly targets them.
U.S. authorities negotiating with BNP Paribas over alleged sanctions violations at one point suggested it pay a penalty as high as $16 billion.
There is something seriously wrong with bank regulation and litigation in the US today, says bank analyst Dick Bove.
Deutsche Bank priced its 8.5 billion euro capital hike at 22.50 euros per share on Thursday, higher than forecast.
An appeals court ruled Judge Jed Rakoff abused discretion in rejecting a settlement between the SEC and Citigroup over mortgage backed securities, reports CNBC's Scott Cohn.
Sallie Krawcheck, a former big bank executive, will start an index fund focused on companies with gender diversity. The NYT reports.
Stifel Financial said it would buy asset manager Legg Mason's investment advisory unit to expand its wealth management business.
Deutsche Bank will price its 8 billion euro capital hike on Wednesday at between 21 euros and 21.50 euros per share, sources told CNBC.
Star banker Paul Taubman is no longer a solo practitioner in providing advice to corporations, CNBC's David Faber reports.
Christopher Whalen, Kroll Bond Rating Agency senior managing director, weighs in on Bank of America's latest error where they accidentally inflated the size of its private trading platform. Whalen says much like Citigroup, it's time for a change in governance at BofA.
Just weeks after Bank of America revealed it made a mistake on its capital plan, the bank admits it accidentally inflated the size of its private trading platform, reports CNBC's Kayla Tausche.
FMHR trader Mike Murphy explains why he likes Bank of America. FMHR trader Pete Najarian likes Citigroup.
Goldman Sachs is planning to increase the size of its commercial bank and wealth management division as part of a quest for growth.
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.