Hackers have targeted three Greek banks, demanding a ransom from each lender of 20,000 bitcoin, the FT reports.» Read More
Bob Steel, Deputy Mayor of New York City and former Wachovia CEO, discusses economic development in the Big Apple.
Jimmy Dunne, Sandler O'Neill, and Stanley Druckenmiller, Duquesne Capital Management former chairman discuss how Sandler O'Neill was not only able to survive but thrive after the 9/11 tragedy. And Druckenmiller discusses the long-term consequences of the nation's enormous debt load on entitlement programs.
In an wide-ranging exclusive interview, CNBC's Andrew Ross Sorkin talks with Lloyd Blankfein, Goldman Sachs chairman & CEO, about cuts in the Fed's bond-buying program; the move higher in interest rates; the trade in gold; the best candidate to head the Fed; joining the Dow, and how regulations are impacting the banking industry.
U.S. prosecutors are still investigating JPMorgan's London Whale" trading scandal for potential criminal wrongdoing.
It's "incredible that the 'London Whale' himself ... got a deal from the government," a defense attorney says.
Citigroup must pay $3.1 million to a couple who alleged the firm didn't supervise a broker who steered them to investments that went broke.
JPMorgan Chase is close to settling investigations into its "London Whale" derivatives loss and expects to pay about $700 million.
It is the 5 year anniversary since the collapse of Lehman Brothers. CNBC's Kayla Tausche discusses how similar the banks of today are to those of 2008. The "Fast Money" traders share lessons they've learned since the collapse. And Jon Najarian weighs in on the trading glitch in the Nasdaq options market.
JPMorgan Chase is close to reaching settlements of roughly $800 million in fines related to its London Whale trading loss.
Former Merrill Lynch CEO John Thain told CNBC that "too big to fail" banks are still a problem for markets.
John Thain, CIT Group chairman & CEO, shares his thoughts on the 5-year anniversary of the financial crisis and what needs to be done to prevent it from occurring again.
Foreign banks are pushing to raise billions of dollars from expatriate Indians in response to New Delhi's drive to defend its weak currency.
Op-ed: Five years after Lehman Brothers, big pillars of reform are still not in place and five years from now, we could find ourselves in another financial crisis.
So much of the Dodd-Frank Act is left undone, says Gary Parr, Vice Chairman at Lazard, sharing his thoughts on what still needs to get done five years after the financial crisis.
Pimco and BlackRock bought about $13 billion of the debt Verizon sold in its record bond offering, the Wall Street Journal reported.
Richard Kovacevich, former Chairman & CEO of Wells Fargo, provides his thoughts on how the government handled the financial crisis five years ago, and why he thinks the TARP program actually made the crisis worse.
"This is a huge investment of people, time and money … but it will make us stronger in the long run," Jamie Dimon says.
Former Treasury Secretary Hank Paulson, shares his recollections on what went on behind the scenes when the "massive credit bubble" burst five years ago.
Anxiety and uncertainty within U.S. politics will continue to weigh on the U.S. economic recovery, the chief executive and president of the Marriott International hotel group told CNBC.
Britain's economy is picking up at last but the country has a problem it didn't face after previous recessions.
Hackers have targeted three Greek banks, demanding a ransom from each lender of 20,000 bitcoin, the FT reports.
CNBC's Jane Wells reports the details behind U.S. regulators probing Wells Fargo sales practices.
The bank's job cuts will be across all regions and will take place in the next two weeks, a source told Reuters.