Lloyds Banking Group said it had dismissed eight staff following an investigation into the submission of benchmark interest rates.» Read More
Wells Fargo chief CEO John Stumpf tells CNBC that interest rates need to return to levels that existed before the Federal Reserve started its accommodative monetary policy.
Christopher Wolfe, MD, Financial Institutions at Fitch Ratings says that the top 5 banking giants in the U.S. are well insulated to prevent a repeat of the 2008 financial crisis.
Britain's Co-operative Bank is close to agreeing a rescue package with the Bank of England that will plug a capital shortfall of up to 1.5 billion pounds ($2.35 billion).
A German bank employee accidentally transferred millions from a customer’s account when he fell asleep at his computer.
Michalis Sallas has thrived in Greece’s freewheeling business culture as head of Piraeus Bank, but financial oversight is increasing and may complicate his dealings.
Mike Smith,CEO of ANZ discusses the complexity of the mainland banking system and the direction of future monetary policy in Australia.
Deutsche Bank's co-CEO Anshu Jain told CNBC he's cautiously optimistic about the health of the global economy but worries about regulatory 'balkanization.'
You can't comparison shop if you don't know what you're getting. And that's what happens, in many cases, when people open a checking account.
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.