Banks Financials


  • Barney Frank: Bernanke deserves credit Thursday, 16 Jan 2014 | 10:30 AM ET
    Barney Frank: Bernanke deserves credit

    Former Congressman Barney Frank, looks back on Ben Bernanke's career as Fed chairman. Frank says Bernanke did an excellent job with QE and the notion that QE caused a wealth gap is wrong.

  • China economy in 25 years Thursday, 16 Jan 2014 | 10:25 AM ET
    China economy in 25 years

    As CNBC turns 25 this year, CNBC's Michelle Caruso-Cabrera looks forward a quarter century to take a look at what China's economy will likely look like in the year 2039.

  • Banks face tougher rules on risk Thursday, 16 Jan 2014 | 10:17 AM ET
    Banks face tougher rules on risk

    Thomas Curry, Comptroller of the Currency of the United States, talks about the financial industry's proposal to raise standards around how banks take risks. The measure would affect institutions with at least $50 billion in assets.

  • Volcker rule changes bring relief to small banks Thursday, 16 Jan 2014 | 11:44 AM ET
    Securities Industry and Financial Markets Association President and CEO Kenneth Bentsen Jr., MidWest One Bank President and CEO Charles Funk, MIT Sloan School of Management Professor of Entrepreneurship Simon Johnson and Treasury Strategies Director David Robertson testify before the House Financial Services Committee during a hearing about the Volker Rule.

    A provision prohibiting banks from keeping investments in CDOs backed by hybrid securities called trust preferreds ignited a controversy.

  • Citigroup earnings miss estimates; costs decline Thursday, 16 Jan 2014 | 8:00 AM ET

    Citigroup delivered quarterly earnings and revenue that fell short of analysts' expectations on Thursday.

  • BoFa earnings not as great as they appear: Bove Wednesday, 15 Jan 2014 | 7:16 PM ET
    BoFa earnings not as great as they appear: Bove

    Discussing earnings and regulations for big banks, with Richard Bove, Rafferty Capital. Bank of America's beat-the-street earnings are certainly a comeback, says Bove.

  • Robust economy gives upside to banks: Pro Wednesday, 15 Jan 2014 | 3:25 PM ET
    Robust economy gives upside to banks: Pro

    Anton Schutz, Mendon Capital Advisors president & CIO, breaks down the strong earnings reports from the banking sector and tells which banks are the best buys for investors.

  • Judge rejects challenge to Obamacare subsidies Wednesday, 15 Jan 2014 | 2:21 PM ET
    A couple speaks with an insurance agent as they try to purchase health insurance under the Affordable Care Act in Miami, Florida.

    A judge rejected a conservative challenge to insurance subsidies available to people that declined to establish their own online marketplaces.

  • Bank of America outpaces peers Wednesday, 15 Jan 2014 | 10:32 AM ET
    Bank of America outpaces peers

    Erik Oja, S&P Capital IQ U.S. banks equity analyst, and Jason Goldberg, Barclays, managing director & senior equity analyst, break down Bank of America's 4Q earnings and discuss the big bank's upside potential.

  • BofA firing on all cylinders Wednesday, 15 Jan 2014 | 10:01 AM ET
    BofA firing on all cylinders

    Bank of America is on the rise after reporting stronger-than-expected earnings. CNBC's Kayla Tausche reports BofA is saving $1.5 billion a quarter on legal expenses and revenue rose across each business segment last quarter.

  • Senate to press for quicker commodity bank curbs Wednesday, 15 Jan 2014 | 6:34 AM ET

    A U.S. Senate is set to grill regulators on plans to address the risks of banks' involvement in physical commodities markets.

  • Bet on big banks: 5-star fund manager Bill Nygren Tuesday, 14 Jan 2014 | 4:23 PM ET
    Nygren's top tech picks: Oracle, Intel & more

    Cheap valuations and solid management make the financials sector Bill Nygren's top pick.

  • Mortgage market slows Tuesday, 14 Jan 2014 | 3:12 PM ET
    Mortgage market slows

    The Mortgage Bankers Association lowered its 2014 forecast for originations by $57 billion. CNBC's Diana Olick looks into the year-over-year decline in mortgage lending rates.

  • Kevin O'Leary

    "Shark Tank" panelist Kevin O’Leary tells entrepreneurs should hire their enemies and fire their mothers if it means making money.

  • JPMorgan Chase ready to make long-awaited deal Tuesday, 14 Jan 2014 | 11:27 AM ET

    Six months after announcing plans to sell its physical commodities business, JPMorgan Chase is close to a final deal, according to a source.

  • Expect record earnings from banks in 2014: Bove Tuesday, 14 Jan 2014 | 11:05 AM ET
    Expect record earnings from banks in 2014: Bove

    Dick Bove, vice president of equity research at Rafferty Capital, breaks down earnings reports for JPMorgan and Wells Fargo.

  • Real Q4 story is revenue growth: Pro Tuesday, 14 Jan 2014 | 10:41 AM ET
    Real Q4 story is revenue growth: Pro

    Christine Short, S&P Capital IQ, and senior manager, and Chad Morganlander, Stifel discuss where they see earnings growth in the fourth quarter. Revenue growth has to be the main driver for the market over the course of the next twelve months, Morganlander says.

  • JPMorgan's busy Q4 Tuesday, 14 Jan 2014 | 10:05 AM ET
    JPMorgan's busy Q4

    CNBC's Kayla Tausche reports on mixed earnings results from the big banks. Wells Fargo managed to beat the street and JPM did not have incredibly positive earnings.

  • Banks are going to lead this year: CIO Tuesday, 14 Jan 2014 | 10:00 AM ET
    Banks are going to lead this year: CIO

    David Katz, CIO at Matrix Asset Advisors, and Sterne Agee Managing Director Todd Hagerman discuss JPMorgan and Wells Fargo's fourth-quarter results.

  • Wells Fargo profit beats estimates as costs drop Tuesday, 14 Jan 2014 | 9:10 AM ET
    A pedestrian walks by a Wells Fargo home mortgage office in San Francisco.

    Wells Fargo, the biggest U.S. mortgage lender, reported an 11 percent rise in fourth-quarter profit, helped in the second half of the year.