Two leading investment banks are looking to move into P2P lending, underlining the race to embrace of technology by even established financial institutions. The Financial Times reports.» Read More
ABN Amro broke most banking stereotypes when its chairman dressed up in drag and masqueraded as a brothel owner at a corporate event.
U.S. Treasury says foreign holdings of long-term and short-dated U.S. securities tanked in November.
The fees on actively managed funds are rising. Don't think your dollar fees are small because percentages are. Here's how to do your homework.
This sector underperformed in 2013—but will a rush of hedge fund money lead to 2014 outperformance?
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.
Citibank plans to reissue all customer debit cards involved in the data breach at Target, making it the second major bank to do so. The NYT reports.
The vice chairman of Blackstone explains why the market is due for a plunge.
Korea Investment Corp will decide whether to sell its $1 billion stake in Bank of America, after watching its value fall by half since 2008.
Shopping for a few "must have" investments could be key to portfolio performance in 2014.
Deutsche Bank, Germany's biggest bank, has suspended several currency traders in New York in an internal probe.
Decent U.S. data is leading most traders to think the economy is showing improvement, and to stock pick based on "micro" developments.
Bank of America reported an eight-fold jump in fourth-quarter profit, driven by a steep fall in the bank's provisions to cover bad loans.
A U.S. Senate is set to grill regulators on plans to address the risks of banks' involvement in physical commodities markets.
If Obama's three nominees to the Fed are approved, the country would have a dream team at the head of the central bank, says Pimco's Mohamed El-Erian.
A market correction is approaching the level of near certainty as Wall Street faces a major paradigm shift in how to achieve price gains.
Advisors and analysts say a recovering economy, and the Fed's taper and zero-interest-rate policy, could complicate investment planning in 2014.
If December's reading on U.S. employment had traders scratching their heads in confusion, it presents an ever greater question mark for Janet Yellen.
It's "absurd" to pay any attention to US nonfarm payrolls data, influential investor Dennis Gartman told CNBC.
As recruiting season for summer interns ramps up, several banks are relaxing rules for their junior employees. The WSJ reports.
Global bank regulators agreed to ease the way a new rule, meant to rein in risk, is compiled to try to avoid crimping the world's economy.
Get the best of CNBC in your inbox
Scott Minerd of Guggenheim thinks quantitative easing in Europe could work, but not for the reason you might think.
Central banks are in combat mode. On the front lines: Europe, Denmark, Canada, Switzerland, Peru and India.
Some investors believe that declining oil prices are a good thing—for now—with $30 a barrel as the break point.