"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
Look for 100 percent increase in shares of financial institutions across the board, banking analyst Dick Bove said.
BofA said federal investigators are looking into whether the bank violated certain requirements of a government housing program.
Turbulence in emerging markets stemming from the Federal Reserve's decision to scale back its stimulus program will be short-lived, said Piyush Gupta, CEO of DBS, Southeast Asia's biggest bank.
Malpractice continues in the banking world and "bag eggs" remain, warned Bill Winters, former JPMorgan executive.
A deluge of lawsuits is forcing big banks to leave New York, banking analyst Dick Bove said.
A former Harvard professor is worried the Fed's monetary policy could spur an unintentional financial crisis, causing a run on the banks.
Wells Fargo held the top spot as world's most valuable banking brand, with a brand value of over $30 billion, according to a report on Monday.
The Goldman Sachs CEO also says the U.S. economy won't exceed the high side of expectations because the bar has been risen.
The shine is coming off southeast Asia – the golden child of banking after the global financial crisis – as valuations tumble and competition for funding heats up across the region. The FT reports.
The long-discussed "Great Rotation" won't be from bonds to stocks but will be within the bond market, BlackRock Chairman and CEO Larry Fink told CNBC.
After two years of stellar gains for global investment banks, JPMorgan has announced its top picks for the sector in the coming year.
Government regulations aimed at reducing reducing risk at the nation's banks in the wake of the 2008 financial crisis are having the opposition effect, bank analyst Dick Bove tells CNBC.
A federal judge on Friday approved Bank of America's $39 million settlement of a gender discrimination lawsuit by female brokers.
Barclays has been fined $3.75 million by a U.S. regulator over its alleged decade-long failure to properly keep electronic records, emails and instant messages.
U.S. and Europe fined banks record amounts this year, imposing penalties and settlements of more than $43 billion.
Here are five ways the Fed has expanded its influence over the past century.
Sharnie Wong, Asia Banks Analyst at Barclays, expects tapering to hit margins of Hong Kong and Singapore banks, so she advises to position defensively in lenders with strong deposit franchises.
The Volcker Rule could have unforeseen consequences, but it's needed to protect the economy, the outgoing CFTC commissioner told CNBC before his vote.
A "tougher" Volcker rule takes aim at executives, should the firms have lapses in oversight, according to people familiar with the matter.
Many leaving it late to tell the Swiss regulator whether they will participate in a U.S. programme to settle tax evasion suspicions.