Some government authorities question whether misdeeds are not just a few bad actors, but rather a flaw that runs through the banking industry.» Read More
Dick Bove, the bank analyst and vice president of equity research at Rafferty Capital, said investors should be buying financial stocks "very aggressively."
CNBC's Phil LeBeau has the latest details on the DOJ's move to block a merger between U.S Airways and AMR. CNBC's David Faber weighs in.
The U.S. Justice Department will file an anti-trust lawsuit to block the merger of AMR and U.S Airways. The anti-trust lawsuit is supported by several states, reports CNBC's David Faber.
Strong data supports the idea that a taper of bond purchases by the Fed is more likely than not. Those who believe that the Fed will wait are now a minority.
J.C. Penney and hedge fund Pershing Square's Bill Ackman are in talks to resolve their dispute over the leadership of the U.S. retailer, a source said on Monday.
Parameter Capital Management, which had managed money for SAC since 2010, traded mainly financial stocks.
SAC Capital is reportedly preparing for layoffs as the hedge fund braces for a new wave of redemptions ahead of Friday's deadline. CNBC's Ron Insana and Kate Kelly, provide perspective.
CNBC's Diana Olick reports four private mortgage insurers posted their first quarterly profit in six years.
The market for IPOs has made a comeback, at the same time, concerns have resurfaced over the role of Wall Street research analysts in these lucrative deals.
Steinway, a 160-year-old maker of pianos, saxophones and trumpets, said it received a takeover offer from an investment firm that topped a bid by private-equity firm Kohlberg.
Avation equipment supplier, Rockwell Collins announces a $1.39 billion deal to buy Arinc. Kelly Ortberg, president and CEO of Rockwell Collins, joins to discuss the buy.
China may be turning around for the better, but judging from some markets you might not know that.
James Woolery, Cadwalader, Wickersham & Taft, and David Blitzer, S&P 500 Index committee chairman, have the latest corporate buzz on pending M&A action and the outlook on the market.
Tidjane Thiam, CEO of Prudential, comments on the group's dividend rise and why it's in an "ideal position" to do M&As.
Tidjane Thiam, CEO of Prudential, discusses quarterly results and what makes their current position very "advantageous".
Tidjane Thiam, CEO of Prudential, explains why the weakness in emerging markets has little impact on Prudential and why fears of a Chinese slowdown are "overdone".
Banks cut 5,500 branches across the European Union last year, 2.5 percent of the total, leaving the region with 20,000 fewer outlets than it had when the financial industry was plunged into crisis in 2008.
If you hear snoring on Wall Street, Jim Cramer thinks there’s a good chance you’ve run into the SEC.
If you think a stock sells off, simply because it’s not an attractive ‘buy’ anymore, you’re sorely mistaken.
There’s something Jim Cramer doesn’t want you to do. Ever.
Hedge fund managers aren't concerned about the sharp price drops of Fannie Mae and Freddie Mac stock this week.
Happy Friday. And when I say "Happy Friday," I mean I'm happy and it's Friday, and not by coincidence.
There are lots of reasons to like the market and lots of reasons not to like it. By year's end they may yield nothing.
With interest rates apparently rising, CNBC takes a look at record-high rates from around the world in past decades.
ETFs enjoy record inflows and popularity as vehicles for higher yields and downside protection in a bond bear market.
There is hope on the saving front, as 87 percent of CNBC readers polled said they would save money if they got a windfall.