Italy plans to launch a series of bad bank-style measures as early as the end of the year, the FT reports.» Read More
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 Kate Kelly reports U.S. District Attorney Preet Bharara has issued a warning to Wall Street about compliance.
CNBC's Kate Kelly reports Citigroup's Banamex unit is now under fire from U.S. attorney Preet Bharara. The FMHR trades debate the value of Citi's stock.
Amid JPMorgan executive Blythe Masters leaving the bank after 27 years. CNBC's Kate Kelly reports the investment bank is working on a company reorganization.
At a time when bank branches are disappearing by the hundreds, many folks don't seem to care.
As a deadline looms, Lew said he will push back hard against any legislation to loosen Dodd-Frank. The NYT reports.
Deutsche Bank's co-chief executive John Cryan doesn't understand how bonuses will make bank employees work harder, the FT reports.