Zurich Insurance said it was weighing up a bid for British $7 billion rival RSA Insurance Group.» Read More
Mizuho Financial Group said the chairman of its banking unit will resign following a loans-to-mobsters scandal.
The Fed proposed that big banks keep enough cash, government bonds and other high-quality assets on hand to survive during a severe downturn.
Bank of America was found liable for fraud on Wednesday on claims related to defective mortgages sold by its Countrywide unit.
When you have banks of unprecedented size, you have to expect unprecedented fines.
Alan Dershowitz, author of "Taking the Stand," says he would absolutely defend JPMorgan, but the presumption of innocence doesn't operate in these large cases.
Why should JPMorgan put up $4 billion for Fannie and Freddie? CNBC's Larry Kudlow says this is some kind of "political payback." Joshua Rosner, Graham Fisher & Co.; Larry McDonald, Newedge; and Alan Dershowitz, Harvard law professor, weigh in.
Discussing JPMorgan's business practices and its potential settlement with the FHFA, with Joshua Rosner, Graham Fisher & Co., and Larry McDonald, Newedge.
JPMorgan appears to be days away from a settlement with federal prosecutors, reports CNBC's Kate Kelly. The latest agreement would be for a $13 billion payment.
Raoul Weil, a Swiss citizen and former executive at UBS, has been arrested in Italy and is wanted in the US for allegedly helping with tax dodges.
CNBC's Kate Kelly talks with Jamie Dimon, JPMorgan CEO, about the tentative $13 billion deal with the Justice Department in a settlement related to the sale of bad mortgages.
Marc Faber, The Gloom, Boom & Doom Report, shares his views on how inflation has impacted global wealth.
I think oil prices have been coming down because the U.S. has been so successful in generating new supplies, says Jim Tisch, CEO, sharing his thoughts on energy prices.
But, when the Fed unwinds its quantitative easing program, it will be "wind in the face" of the economy," says Jim Tisch, CEO, discussing the likely impact of tapering.
Marc Faber, The Gloom, Boom & Doom Report, explains why the thinks the Fed's quantitative easing program is permanent and is likely to increase.
Cyprus expects to lift almost all currency controls early next year, Finance Minister Harris Georgiades said on Monday.
A group of Wall Street banks fashioned a risk-manager's worst nightmare to determine how they would survive. Luckily, it was all pretend.
Retail banks care becoming increasingly concerned about being left behind by trends in social networking and mobile computing, according to a survey of the industry.
CNBC's Kayla Tausche reports JPMorgan has reached a tentative settlement with FHFA to pay about $4 billion in penalties due to claims the bank misled Fannie and Freddie over mortgages it sold them.
CNBC's Mary Thompson speaks with Morgan Stanley CEO James Gorman, who discusses cutting risk, increasing flow business and putting aside reserves for potential litigation.
The European Central Bank will announce new details on its banking union project next week. Alberto Gallo of RBS says this will boost transparency across European banks. Peter Sorrentino, Huntington Asset Advisors, shares his views on the outlook for big banks.
Philippe Bodereau, MD & global head of financial research at Pimco, reveals whether earnings and new management roles have made him more bullish on European banks.
Eugene Tarzimanov, VP and senior credit officer at Moody's Investors Service, explains why the unwinding of asset bubbles is the biggest risk for Asian banks in the months ahead, followed by China's slowdown.
The Commerce Secretary and head of the Export-Important Bank urge Congress to put U.S. businesses first and reauthorize the bank.