HSBC, one of the largest hedge fund investors in the world, has changed the leadership of a key private banking unit.» Read More
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.
The fallout from the subprime mortgage crisis continues to plague U.S. banks, according to Standard and Poor's.
Direct lending is hot and hedge fund manager Steve Czech is taking full advantage.
Bank of America asks federal court to drop two government suits accusing it of defrauding investors during the financial crisis.
RSA Insurance said on Friday it had suspended the top executives of its Irish business while it investigates certain issues.
Bank of America CEO Brian Moynihan told CNBC that consumer health and credit quality are both improving.
In a First on CNBC interview, Cameron Clyne CEO at National Australia Bank explains why he's confident on the bank's growth going forward to 2014.
JPMorgan's tentative $13 billion mortgage settlement with federal and state regulators is a "terrible deal," former prosecutor and SEC lawyer Jacob Frenkel told CNBC.
Business students around the world have lost some love for banking five years after the collapse of Lehman Brothers.
Former Wells Fargo boss Richard Kovacevich said Friday that he stands by the assertion he made last month on CNBC's "Squawk Box" that TARP ruined the banks.
Former Treasury Secretary Hank Paulson told CNBC he'd comment on JPMorgan's legal troubles, even though he shouldn't. Warren Buffett also weighed in.
JPMorgan Chase shook off the "London Whale" scandal to take the top spot for investment banking fees, according to a report published on Wednesday.