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Commercial Banks

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  • Bulls Bank on Regions Financial Tuesday, 29 Jan 2013 | 12:37 PM ET

    The bulls were banking on Regions Financial, with the stock near its 52-week highs.

  • Royal Bank of Scotland

    Royal Bank of Scotland Group is close to a 500 million pounds ($785.32 million) settlement with U.S. and British authorities over claims that some of its employees submitted false Libor rates, the Wall Street Journal reported, citing people briefed on the negotiations.

  • Deutsche Bank, Frankfurt

    German regulator BaFin has launched a special probe against four lenders including Deutsche Bank as part of an investigation into possible manipulation of the Europe Interbank Offered Rate (Euribor), the Sueddeutsche Zeitung newspaper reported on Monday.

  • JPMorgan to Block Shareholder Vote on Bank Break-Up Friday, 25 Jan 2013 | 7:05 AM ET
    Jamie Dimon listens during a panel discussion on the opening day of the World Economic Forum (WEF) in Davos, Switzerland.

    A federation of U.S. labor unions is looking to force JPMorgan Chase's board to consider breaking up the company after the disastrous "London Whale" affair, but the bank is trying to ensure that its shareholders do not get to vote on the union's proposal.

  • BofA's Moynihan Sees More Cash Coming Off Sidelines Thursday, 24 Jan 2013 | 1:06 PM ET
    Brian Moynihan, CEO of Bank of America

    Bank of America's CEO Brian Moynihan is expecting to see companies and investors become more aggressive with their cash as uncertainty fades.

  • Citi CEO: 'Legacy' Issues Weigh, but Strategy Right Thursday, 24 Jan 2013 | 5:05 AM ET
    Citigroup Center

    Citigroup needs to continue to clean up its non-core "legacy assets" and focus on operating efficiency, its new CEO Michael Corbat told CNBC at the World Economic Forum in Davos.

  • CEOs: Europe Recovery on Track Wednesday, 23 Jan 2013 | 7:39 AM ET

    The European economy will continue to stabilize albeit slowly this year as the euro zone crisis looks to be contained, a number of CEOs told CNBC at the World Economic Forum in Davos, Switzerland.

  • The Answer to Big Bank Fees: Pay What You Want Saturday, 19 Jan 2013 | 10:19 AM ET
    GoBank app on iPhone.

    Green Dot is taking on big bank fees by allowing customers to voluntarily pay what they want each month, CEO Steven Streit told CNBC this week.

  • Wells Fargo CEO Sees More Mortgage Growth Thursday, 17 Jan 2013 | 5:34 PM ET

    Wells Fargo isn't overly exposed to the U.S. mortgage market and still has opportunities to grow that business, CEO John Stumpf told CNBC.

  • SocGen Says Writedowns and Debt Provisions Loom Thursday, 17 Jan 2013 | 3:08 AM ET

    Societe Generale said on Wednesday that its quarterly earnings would be hit by hundreds of millions of euros of one-off charges.

  • Deutsche Bank Benefited From Libor Trades: Report Thursday, 10 Jan 2013 | 5:19 AM ET
    Pedestrians pass 30 South Colonnade, centre, where the London interbank offered rate, or Libor, was set daily.

    Germany's Deutsche Bank benefited from trades pegged to the London Interbank Offer Rate (Libor) currently under investigation, the Wall Street Journal reported on Thursday, adding that the bank made at least 500 million euros ($654 million) in profit from the trades in 2008.

  • Deep Cuts Raise Questions About Morgan Stanley Wednesday, 9 Jan 2013 | 10:49 PM ET

    When Morgan Stanley's top executives gathered in mid-September at the Gramercy Park Hotel in Manhattan to discuss strategy, some participants complained that the room was too small. The NYT reports.

  • How Retail Banks Are Shrinking Wednesday, 9 Jan 2013 | 7:16 AM ET

    Investment banking has been the focus of much of the recent news in the financial universe, with politicians urging banks to refocus on their traditional retail operations.

  • Banks Face an Uncertain 2013: BankUnited CEO Thursday, 27 Dec 2012 | 11:54 AM ET

    The banking industry faces an uncertain regulatory environment in 2013 as Dodd-Frank rules continue to be written but big bank stocks could continue to perform well even after a strong 2012, BankUnited CEO John Kanas told CNBC on Thursday.

  • Profitability For Europe's Banks Remain Doubtful  Tuesday, 25 Dec 2012 | 7:20 PM ET

    David Marshall, Senior Analyst, Asia-Pacific Financials, CreditSights says that Europe's outlook remains sanguine with hopes pinned on more refinancing, but the environment for bank profitability is shrouded in doubts.

  • Outlook for Chinese Banks in 2013  Tuesday, 25 Dec 2012 | 7:15 PM ET

    David Marshall, Senior Analyst, Asia-Pacific Financials, CreditSights is positive that Chinese banks can maintain their earnings in 2013, but risks remain with shadow banking and transparency issues.

  • Getco and Knight Capital to Merge in $1.4 Billion Deal Wednesday, 19 Dec 2012 | 1:09 PM ET

    Knight Capital Group said it will be acquired by rival electronic trading firm Getco Holdings in a cash-and-stock deal that the companies valued at $1.4 billion.

  • UBS Traders' 'Humongous' Libor-Fixing Boasts Wednesday, 19 Dec 2012 | 6:59 AM ET
    Two young businessmen drinking champagne at bar counter

    The scale of Libor manipulation at Swiss bank UBS was laid bare today in documents published by U.K. authorities which showed one trader openly boasting of keeping the benchmark rate artificially low.

  • Bank Stocks Offer the Best Potential in Years: Whitney Tuesday, 18 Dec 2012 | 3:40 PM ET
    Meredith Whitney

    Big bank stocks are poised to post double-digit gains, analyst Meredith Whitney told CNBC.

  • Jefferies Sees Higher Fourth-Quarter Earnings Tuesday, 18 Dec 2012 | 8:31 AM ET
    Jefferies Group

    Jefferies Group said fourth quarter earnings rose on strong performance in its fixed income unit.