"It's definitely politics. It has nothing to do with justice or restitution to the innocent victims," former Wells Fargo chief Dick Kovacevich says.» Read More
Scotland could become a financial hub to rival Frankfurt and also double its wealth over the next 25 years, a new report claimed.
Europe's banks are under siege from digital disruption, according to a report out on Monday.
JPMorgan is launching its first exchange-traded fund on Tuesday.
Irene Dormer, president and CEO of HSBC U.S. is retiring after 32 years at the bank, to be succeeded by Pat Burke.
Stocks are calm, but investors need to be vigilant against complacency because it can lead to upheaval in the market, Goldman Sachs CEO tells CNBC.
This bank's "sins" are 6 to 8 years old and the good things are all coming, value investor Bill Smead tells CNBC.
Deutsche Bank priced its 8.5 billion euro capital hike at 22.50 euros per share on Thursday, higher than forecast.
Deutsche Bank will price its 8 billion euro capital hike on Wednesday at between 21 euros and 21.50 euros per share, sources told CNBC.
Investors rejected the pay plans of 10 of the world's biggest banks as anger over excessive bonuses soared in both Britain and the United States.
Jon Corzine's ambition exceeded what the now-defunct MF Global brokerage could handle, private equity titan J. Christopher Flowers tells CNBC. But Flowers still considers Corzine a friend.
When in distress, American banks call Warren Buffett. In Europe, banks have turned instead to the Middle Eastern principality of Qatar.
Whether on Wall Street or Fleet Street, this is not a happy time for big banks.
Colorado lawmakers approved the first financial system for the marijuana industry, a network of uninsured cooperatives that allow banking services.
ECB President Mario Draghi said the strengthening euro was cause for "serious concern" at his news conference on Thursday.
The Bank of England left interest rates and asset purchases unchanged on Thursday, despite pressure for it to act to cool the housing market.
Despite Barclays' disappointing results this week, analysts are not expecting any great changes when it reveals its strategy update this Thursday.
In 25 years the U.S. dollar will probably still be the world's reserve currency, and bitcoin may not be around at all.
The Fed gave banks two more years to shed risky loans, a move that does nothing to prevent another crisis, bank analyst Dick Bove tells CNBC.
The Fed said it rejected Citi's capital plan over worries about how it would fare in a financial crisis, but not everyone is sure that's the only reason.
Citigroup is still "too big to fail" now that the Fed rejected its dividend and stock buyback plan, CNBC's Jim Cramer says.