Banks Financials


  • Power and water business weighs on GE earnings Friday, 18 Oct 2013 | 6:30 AM ET
    A General Electric GEnx aircraft engine.

    General Electric on Friday said third-quarter profit fell as revenue dropped in its power and water business, which makes a variety of turbines.

  • HSBC hit with record $2.46 billion judgment Friday, 18 Oct 2013 | 3:02 AM ET

    A unit of British bank HSBC was hit with a record $2.46 billion final judgment in a U.S. securities class action lawsuit on Thursday.

  • Goldman Sachs lower on revenue miss Thursday, 17 Oct 2013 | 10:50 AM ET
    Goldman Sachs lower on revenue miss

    Roger Freeman, Barclays, and Anton Schutz, Mendon Capital Advisors provide insight on Goldman Sachs' Q3 earnings which beat estimates.

  • GS conference call: Fixed income, just had bad quarter Thursday, 17 Oct 2013 | 10:49 AM ET
    GS conference call: Fixed income, just had bad quarter

    CNBC's Mary Thompson breaks down Goldman Sachs' conference call after revenue missed expectations.

  • Buffett: Banks in best shape I can remember Wednesday, 16 Oct 2013 | 5:10 PM ET
    Buffett: Banks in best shape I can remember

    Financial stocks are outperforming the market on strong earnings data from Bank of America and on optimism for a deal in Washington. The "Fast Money" traders react to Warren Buffett's positive comments on banks.

  • JPMorgan admits 'Whale' wrongdoing, to pay fine Wednesday, 16 Oct 2013 | 11:04 AM ET

    The CFTC has signed off on a $100 million settlement with JPMorgan over charges connected to the so-called London Whale trades.

  • Santelli's morning bond update Wednesday, 16 Oct 2013 | 9:43 AM ET
    Santelli's morning bond update

    CNBC's Rick Santelli discusses the latest action in the bond market, t-bills and says a default is "not the end of the world."

  • BofA profit lifted by better credit; deposits soar Wednesday, 16 Oct 2013 | 11:32 AM ET

    Bank of America beat Wall Street's third quarter expectations on Tuesday.

  • Banking career less popular 5 years after Lehman Wednesday, 16 Oct 2013 | 12:01 AM ET

    Business students around the world have lost some love for banking five years after the collapse of Lehman Brothers.

  • Trading slowdown weighs on Citigroup earnings Tuesday, 15 Oct 2013 | 7:50 AM ET

    Citigroup reported a drop in profit after the Fed's decision to continue its bond-buying program longer than expected slowed trading by clients.

  • Hero or goat? Jamie Dimon inspires no consensus Tuesday, 15 Oct 2013 | 6:19 AM ET
    Jamie Dimon, chairman of the board, president and CEO of JPMorgan Chase.

    Regulators and investors seem to disagree with recent calls for the ouster of the head of JPMorgan over the bank’s expensive legal troubles.

  • Wells Fargo ex-CEO: Default would be 'horrendous'

    "Obviously we have the resources to pay our bill, but we don't have the political will to do so," Dick Kovacevich says.

  • Outlook on bank earnings: Analyst Monday, 14 Oct 2013 | 10:24 AM ET
    Outlook on bank earnings: Analyst

    Gerard Cassidy, RBC Capital Markets analyst, weighs in on what he is expecting to see in the financial sector this week as refinancing activity weakens and interest rates rise.

  • Surprised by JPM earnings: Trader Friday, 11 Oct 2013 | 5:15 PM ET
    Surprised by JPM earnings: Trader

    Legal woes weighed on JPMorgan earnings, while mortgage concerns hit Wells Fargo. The "Fast Money" traders take their positions on bank earnings.

  • Top analyst 'very positive on JPMorgan' Friday, 11 Oct 2013 | 1:20 PM ET
    Top analyst 'very positive on JPMorgan'

    Institutional Investor rated Matt O'Connor of Deutsche Bank the "top U.S. banking analyst." O'Connor shares his top picks in banks right now.

  • Banks running out of tricks here: Pro Friday, 11 Oct 2013 | 1:16 PM ET
    Banks running out of tricks here: Pro

    Digging into JPMorgan's legal headache and the core business of Wells Fargo, with CNBC's Kayla Tausche, and Neil Weinberg, American Banker editor-in-chief.

  • First quarterly loss at JPMorgan Friday, 11 Oct 2013 | 1:14 PM ET
    First quarterly loss at JPMorgan

    Despite posting its first quarterly loss under CEO Jamie Dimon, JPMorgan made a profit that beat the Street's expectations. CNBC's Kayla Tausche digs into JPMorgan and Well Fargo's earnings data.

  • Wells Fargo's profit up, but mortgage banking falls Friday, 11 Oct 2013 | 8:11 AM ET
    Pedestrians walk past a Wells Fargo & Co. bank branch in New York.

    Wells Fargo reported third quarter earnings that hit a record, the bank said on Friday, surpassing Wall Street's estimates.

  • Mooney: Invest in being productive Friday, 11 Oct 2013 | 7:46 AM ET
    Mooney: Invest in being productive

    Beth Mooney, CEO, KeyCorp, discusses the importance of American Banker honoring the most powerful women in banking. She says the biggest challenges are finding new revenues and bringing down costs. There's no tail wind in this economy, she says.

  • JPM earnings beat Friday, 11 Oct 2013 | 7:00 AM ET
    JPM earnings beat

    JPMorgan earnings beat expectations, while revenue was in line with the Street's expectations, reports CNBC's Becky Quick.