Banks Financials


  • JPMorgan gets rocked Friday, 11 Apr 2014 | 9:08 AM ET
    JPMorgan gets rocked

    CNBC's Jim Cramer and David Faber break down the earnings report of JPMorgan and Wells Fargo. JPMorgan had a bad quarter and nobody is misunderstanding it, Cramer says.

  • Ex-JPMorgan commodities chief under investigation Friday, 11 Apr 2014 | 6:53 AM ET
    Blythe Masters, global head of commodities at J.P. Morgan Chase & Co.

    Blythe Masters, who will leave JPMorgan Chase, is under investigation by prosecutors in Manhattan, Bloomberg reported.

  • DoJ probes Citi unit over suspicious transactions Friday, 11 Apr 2014 | 6:21 AM ET
    A segment of the the border fence separating the U.S. from Mexico.

    The Justice Department is investigating whether a Citigroup unit failed to alert the government about suspicious banking transactions along the U.S.-Mexico border.

  • JPMorgan reports earnings Friday Thursday, 10 Apr 2014 | 1:16 PM ET
    JPMorgan reports earnings Friday

    JPMorgan will kick off the bank earnings parade on Friday. CNBC's Kayla Tausche provides a forecast.

  • Legg Mason's Bill Miller bets on subprime growth Thursday, 10 Apr 2014 | 7:37 AM ET
    Legg Mason's Bill Miller bets on subprime growth

    Smaller subprime mortgage servicers such as Nationstar benefits from bigger banks leaving the subprime business, Legg Mason's chief investment officer told CNBC on Thursday.

  • SAC Capital to be sentenced in $1.8B fraud deal Thursday, 10 Apr 2014 | 7:16 AM ET

    A New York judge is set to sentence SAC Capital after it pleaded guilty to criminal fraud charges in a $1.8 billion deal with the government.

  • Fed's hard line to bring more pain to Wall Street Thursday, 10 Apr 2014 | 6:16 AM ET
    Traders on the floor of the New York Stock Exchange.

    The Fed's drive to wean Wall Street off risky funding sources is expected to bring more pain to the biggest U.S. banks in the coming months.

  • Why 'Heartbleed' is scary Wednesday, 9 Apr 2014 | 1:22 PM ET
    Why 'Heartbleed' is scary

    CNBC's Jon Fortt and CNBC contributor Natali Morris explain an exposed security flaw affecting most of the internet.

  • Credit card fraud rises to $11 billion: Report Wednesday, 9 Apr 2014 | 1:20 PM ET
    Credit card fraud rises to $11 billion: Report

    CNBC's Mary Thompson explores data from Javelin Strategy & Research that claims debit and credit card fraud in 2013 rose 4.6 percent in 2013, impacting 8 percent of U.S. consumers.

  • Payments with clearXchange disrupts banking Wednesday, 9 Apr 2014 | 11:20 AM ET
    Payments with clearXchange disrupts banking

    Michael Kennedy, clearXchange CEO & co-founder, discusses his company's P2P network that allows customers to send person-to-person payments easily and securely with only an email address or phone number.

  • Goldman considers draining its dark pool: WSJ Tuesday, 8 Apr 2014 | 6:41 PM ET

    Goldman Sachs Group Inc. is mulling the idea of shutting down its private stock-trading venue, Sigma X, according to the Wall Street Journal.

  • Banks must boost capital by $68B under new rules Tuesday, 8 Apr 2014 | 7:23 PM ET
    JPMorgan Chase headquarters in New York.

    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.

  • Big banks, big capital Tuesday, 8 Apr 2014 | 5:53 PM ET
    Big banks, big capital

    CNBC's Kayla Tausche reports on stricter requirements for U.S. banks, including a five percent minimum equity against assets.

  • The Fed just increased risk, Dick Bove says Tuesday, 8 Apr 2014 | 12:48 PM ET

    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.

  • Final rules issued on bank leverage ratios Tuesday, 8 Apr 2014 | 2:03 PM ET
    Final rules issued on bank leverage ratios

    CNBC's Kayla Tausche reports regulators have issued final rules that would increase leverage exposure for 8 of the biggest banks.

  • Fed has increased risk: Dick Bove Tuesday, 8 Apr 2014 | 10:12 AM ET
    Fed has increased risk: Dick Bove

    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.

  • Citi settles claims, issues profit warning Tuesday, 8 Apr 2014 | 9:08 AM ET
    Citi's settles claims, issues profit warning

    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.

  • Hold on before you call market 'rigged': Dick Bove Tuesday, 8 Apr 2014 | 8:00 AM ET
    Dick Bove

    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.”

  • Fed gives banks extension on piece of Volcker Rule Monday, 7 Apr 2014 | 4:45 PM ET
    Fed gives banks extension on piece of Volcker Rule

    CNBC's Eamon Javers reports the Federal Reserve has given banks two more years for some securities to meet Volcker Rule.

  • Bankers' government influence Monday, 7 Apr 2014 | 4:31 PM ET
    Bankers' government influence

    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.