HSBC, one of the largest hedge fund investors in the world, has changed the leadership of a key private banking unit.» Read More
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.
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.