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
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.
Investors pulled another $3.1 billion from Pimco's flagship fund in March, following a spate of wrong calls by long-time manager Bill Gross.
Banks hoarding cash ahead of the ECB's new "stress tests" are holding back vital funding from euro zone businesses, according to consultancy EY.
A top U.S. regulator gave a spirited defense of new rules forcing foreign banks to hold more capital in their U.S. units.
Chris Kotowski, Oppenheimer & Co. senior research analyst, and Anna Krayn, Moody's Analytics director, discuss Citigroup's failure to get the Fed's approval to raise dividend payments and increase stock buybacks.
The "Squawk on the Street" news team discuss the decision by the Fed to reject the plans of Citigroup to raise dividend payments and increase stock buybacks.
Marty Mosby, Guggenheim Partners analyst, provides perspective on the banking sector after Citigroup failed the Fed's stress test and was barred from raising its dividend and boosting its stock buybacks.
CNBC's Kayla Tausche has the details on the Fed blocking five banks from increasing their dividends or stock buyback programs.
The Fed announced Citi is one of five banks to fail its stress test. Anthony Polini, Raymond James analyst, discusses what the big bank can do now. This seems to be more of a bump in the road for Citi rather than a critical shortfall, says Polini.
Bank of America's ex-CEO Kenneth Lewis has settled a lawsuit accusing him of deceiving investors about one of his biggest acquisitions: Merrill Lynch.
Discussing the Fed's objections to Citigroup's capital planning process, and the condition of banks' revenues, with Robert Albertson, Sandler O'Neill & partners, and Moshe Orenbuch, Credit Suisse.
The Blackstone Group plans to reduce its ownership in SeaWorld to 25 percent. In December it was as high as 63 percent.
Shaking off the surprise at the departure of a longtime aide to JPMorgan CEO, the parlor game begins again: Who will succeed Jamie Dimon?
BlackRock's CEO warned top U.S. companies not to emphasize dividends or share buybacks if they come at the expense of future growth.
U.S. banks will tell shareholders how much they plan to pay out after the Fed unveils whether they can afford to and still weather the next crisis.
Britain will sell a further 7.5 percent stake in Lloyds Banking Group, worth about 4.2 billion pounds ($6.9 billion).
If Fannie and Freddie are allowed to die, it will crush home prices — and hurt the economy, says bank analyst Dick Bove.
One of the co-heads of JPMorgan's investment bank, Michael J. Cavanagh, plans to leave the firm. The NYT reports.
Dan Cobley, CEO of Brightbridge Ventures and ex-managing director of Google U.K., explains how his current fintech venture, Salary Finance, is taking on the banks.
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.
A class action lawsuit accuses banks of conspiring to limit competition in the $320 trillion market for interest rate swaps.