A legal battle between Goldman Sachs and the Libyan sovereign wealth fund could have more permanent repercussions for the banking industry, experts have told CNBC.» Read More
Britain's finance ministry said it had appointed Bank of China, HSBC and Standard Chartered to help organize the first sale of British government debt denominated in China's renminbi currency.
The Bank of England will announce its latest policy decision on Thursday, as experts debate how stagnant wage growth may impact its first rate hike.
Goldman Sachs is facing questions about whether it will be able to maintain its place atop the financial industry in a new era of regulations, the New York Times reports.
A U.K. high court has ordered Goldman Sachs to pay the legal costs of the Libyan sovereign wealth fund, after the bank tried to have a $1 billion lawsuit dismissed.
The Justice Department is preparing a fresh round of attacks on the world's biggest banks, the New York Times reports.
Lloyds Banking Group said it had dismissed eight staff following an investigation into the submission of benchmark interest rates.
Barclays' CEO told CNBC the bank has a strong defense to allegations it used its private trading system to benefit high-speed traders.
There were only 20 banks that caused the crisis, and "they're all gone," former Wells Fargo CEO Dick Kovacevich told CNBC.
"It's definitely politics. It has nothing to do with justice or restitution to the innocent victims," former Wells Fargo chief Dick Kovacevich says.
Some investors are wondering whether it's time to invest in financial stocks. The answer depends on who you ask.
A majority of the bank customers who paid a debit card overdraft penalty fee in the last year, did not recall signing up for this service
Banking giant HSBC was accused of racism this week after it moved to close the accounts of several Muslim organizations across the UK.
Banks may have repaired their balance sheets but we're still waiting for any notable shift in their culture, according to a market commentator.
Britain's Lloyds Banking Group confirmed on Friday that it was close to agreeing a settlement over allegations of manipulating benchmark interest rates.
The SEC said it had charged Morgan Stanley with misleading investors about two mortgage-backed securities it issued before the 2008 financial crisis.
The drama at Portuguese lender Banco Espirito Santo (BES) resumed on Thursday with a former CEO of the bank being held by police in Lisbon.
The U.S. unit of German lender Deutsche Bank suffers from ongoing financial reporting problems, according to a report in the Wall Street Journal.
On the four-year anniversary of Dodd-Frank, perhaps there is a lesson big banks can learn from smaller, regional banks, says Dan O'Donnell.
One of the biggest private equity investors in the banking sector has warned that regulation has depressed profitability, the FT reports.
Italy’s banks are “quite well-prepared” for the upcoming European stress tests, the second-in-command at the central bank told CNBC.