The former chief executive has been reported to Sweden’s economic-crime prosecutor over alleged market abuse, the FT reports.» Read More
Chinese investors face a potential high-profile default. CNBC's Eunice Yoon discusses China's emerging credit threat.
Federal prosecutors are scrutinizing whether banks have allowed businesses to siphon billions of dollars from consumers’ accounts.
The DoJ and the CFTC have both held investigations into whether BofA engaged in improper trading by doing its own futures trades ahead of executing large orders for clients.
No American financial institution is too large to indict and no bank executive immune from criminal prosecution, Attorney General Eric Holder said.
JPMorgan Chase’s board voted to give Jamie Dimon a new pay package worth about $20 million after his pay was cut in half last year, to $11.5 million.
CNBC's Rick Santelli and Frank Keating, American Bankers Association president & CEO, discuss the pros and cons of rising interest rates for banks and the future of community banks.
Due to financial regulations, big banks are changing their rule on "deposit advances," loans against upcoming paychecks. CNBC's Kayla Tausche reports on the policy shift.
Wells Fargo has banned its employees from loaning their own money on peer-to-peer lending platforms. CNBC's Kayla Tausche explains the risks involved with the lending strategy.
The winners from the fourth quarter are underdogs, companies that have for years been cleaning up messes. Find out who they are.
CNBC's Kayla Tausche reports on how advance deposit works for 4 big banks including Wells Fargo. Also, how peer-to-peer lending rules changed at Wells Fargo.
Deutsche Bank posted a surprise pre-tax loss of 1.153 billion euros for the fourth quarter.
The shine is coming off southeast Asia – the golden child of banking after the global financial crisis – as valuations tumble and competition for funding heats up across the region. The FT reports.
Deutsche Bank is considering a profit warning as executives believe its upcoming results will be below investor expectations, the WSJ reported.
CNBC's Kayla Tausche reports how Goldman Sachs has become one of the top attractors for young talent on Wall Street.
Morgan Stanley's fourth quarter profits fell 70 percent but still beat the Streets expectations. CNBC's Mary Thompson reports the banker had a strong performance in its investment management business.
Morgan Stanley reported a sharp fall in quarterly profit as the bank was hit by $1.2 billion in legal bills, but adjusted earnings beat market estimates.
David Buik, Market Commentator, Panmure Gordon & Co and Roger Nightingale Economist/Strategist, RDN Associates discuss the UK's Labour initiative to force bank branch sell-offs.
Discussing Citigroup's Q4 earnings miss, with Mike Mayo, CLSA research analyst. Mayo explains why he continues to recommend the stock.
CNBC's Kayla Tausche reveals why regulators have gone back to the drawing board on certain parts of the Volcker Rule, and what it means for the banks.
The Treasury Department said it plans to sell 410,000 shares in auto lender Ally Financial as part of its effort to unwind its financial bailout fund.
The former chief executive has been reported to Sweden’s economic-crime prosecutor over alleged market abuse, the FT reports.
With the fundamental economy still strong, negative interest rates aren't in the interest of the economy nor the banking system, says BB&T Chairman and CEO, Kelly King.
The biggest hazard for U.S. banks in 2016 might not be China or energy. It could be Janet Yellen.