The SEC said it had charged Morgan Stanley with misleading investors about two mortgage-backed securities it issued before the 2008 financial crisis.» Read More
U.S. banks earned more from January through March than during any quarter on record, buoyed by greater income from fees and fewer losses from bad loans.
Credit Suisse's chairman warned that a long-running tax dispute with the United States over hidden Swiss bank accounts could easily escalate and spill over to rivals if not settled.
Ahead of the JPMorgan Chase shareholder vote Tuesday to split the chairman and CEO roles currently held by Jamie Dimon, banking analyst Richard Bove lauded Dimon's track record.
Dallas Fed President Richard Fisher and former Sen. Judd Gregg rail on CNBC against keeping taxpayers on the hook for the banks, but disagree on how to end the problem.
Adult movie star Chanel Preston knows not everyone approves of her chosen profession, but she never thought it would affect her ability to open a bank account.
It's "nonsensical" to split the role of chairman and CEO at JPMorgan Chase when Jamie Dimon has had such a strong track record, former board member Lawrence Bossidy tells CNBC.
A British pension fund advisor—joining calls for JPMorgan to split the role of chairman and CEO—told CNBC its decision is unaffected by the threat of a possible Jamie Dimon exit.
The cell hacked into credit card processors to steal MasterCard debit card data, which it used to make about 36,000 transactions over 10 hours, the Justice Department said.
Investors cheered HSBC first quarter results on Tuesday, but analysts said the bank's profit-beat was misleading, and recommended RBS and Lloyds shares.
Royal Bank of Scotland is expected to report its first quarterly profit in 18 months on Friday, the fruit of efforts to focus on bread and butter lending.
Lachlan Colquhoun, Head of Markets Analysis at East and Partners outlines how factors like cost-cutting are helping spur solid earnings results from Australia's 'big four' lenders.
With banking behemoths UBS and Deutsche Bank announcing strong quarterly profit growth Tuesday, strategists face off on which bank is likely to trump its rivals over the long term in the volatile banking sector.
David Ellis, Head of Australian Banking Research at Morningstar Australasia says that despite modest credit growth, Australia's top lenders can generate solid earnings-per-share growth.
In a marked difference to prior annual meetings, Citigroup shareholders praised management and the board on Wednesday for revitalizing the bank's strategy.
Breaking up "too big to fail" banks could allow Chinese banks to top financial system, banking analyst Bove told CNBC.
Simon Maughan, financials sector strategist at Olivetree Financial Group, tells CNBC that the banking sector is being "dragged along" by the market and questions why anyone would want to own bank shares.
Chinese banks made $171 billion of new local currency loans in March, central bank data showed on Thursday, well above market expectations and adding to evidence of an economic recovery being fueled by ample credit.
Bank stock investors are braced for a disappointing first quarter, but there is still plenty of value in select mid-cap names. TheStreet.com takes a closer look.
British banks could pay up to a quarter more to be supervised as two new watchdogs adopt more intrusive regulation and impose higher fines which will be paid into the coffers of cash-strapped government.
Bank chiefs at HBOS, once one of Britain's biggest banks, were condemned as a "model of self-delusion", in a damming report by Britain's Banking Standards Commission on Friday.