Barclays was hit by a $108.5 million fine on Thursday as it allegedly worked with super-rich clients in a way that could have facilitated financial crime.» Read More
Goldman Sachs Group Inc. is mulling the idea of shutting down its private stock-trading venue, Sigma X, according to the Wall Street Journal.
The eight biggest U.S. banks must boost capital levels by a total of about $68 billion under new rules, U.S. regulators said on Tuesday.
CNBC's Kayla Tausche reports on stricter requirements for U.S. banks, including a five percent minimum equity against assets.
The Fed gave banks two more years to shed risky loans, a move that does nothing to prevent another crisis, bank analyst Dick Bove tells CNBC.
CNBC's Kayla Tausche reports regulators have issued final rules that would increase leverage exposure for 8 of the biggest banks.
Dick Bove, Rafferty Capital VP of equity research, reacts to the Fed's decision to give banks an extra 2 years to conform to the part of the Volcker Rule that would force them to sell "riskier" forms of debt.
Citigroup will pay more than $1.1 billion to 18 institutional investors to settle claims involving mortgage backed securities. The "Squawk on the Street" news team break down the multiple problems the bank is facing.
Dick Bove says there are a few issues that should be addressed before we jump on Michael Lewis’s bandwagon and call the market “rigged.”
CNBC's Eamon Javers reports the Federal Reserve has given banks two more years for some securities to meet Volcker Rule.
Nomi Prins, Demos Senior Fellow, looks at how Wall Street influences the U.S. government in her new book, "All the President's Bankers." The Profit's Marcus Lemonis provides his input.
SAC Capital Advisors officially changed its name to Point72 Asset Management and became a family office managing mainly Steven Cohen's money, reports CNBC's Kate Kelly.
CNBC's Bob Pisani looks at the continued sell-off in biotech and momentum names, and analyzes some multi-industry stocks.
Tomorrow Microsoft will end IT support for its 13-year-old Widows XP system. CNBC's Kayla Tausche explains why this may pose a security risk to ATM's.
The SEC has put together a group to examine private equity and hedge funds, after the 2010 Dodd-Frank law required the funds to be regulated.
The trading venue featured in "Flash Boys: A Wall Street Revolt," may apply to become a fully registered stock exchange sooner than planned.
BlackRock is reorganizing its senior management ranks as it works towards a succession plan for CEO and co-founder Larry Fink.
Bank of America is close to settling with a U.S. regulator over the sale of services sold as add-ons to credit cards.
Several of the biggest investors in Allianz are pressing the German insurer to step up oversight of its California asset management unit Pimco.
Former FDIC chair Sheila Bair reacts to Citigroup's $400 million fraud investigations and discusses banking expectations.
CNBC's Kate Kelly reports the U.S. government has opened a criminal probe into fraud allegations at Citi's Mexican unit.
CNBC's Jane Wells reports the details behind U.S. regulators probing Wells Fargo sales practices.
The bank's job cuts will be across all regions and will take place in the next two weeks, a source told Reuters.
Esteves was placed under arrest following accusations that he interfered in a sprawling investigation into Petrobras, the FT reports.