*Barclays has already announced 12,000 job cuts for group. March 13- Barclays has launched the third review of its investment bank in as many years, and is likely to cut more jobs and business areas as it battles to improve profitability, people familiar with the matter said.» Read More
Discussing Sanford Weill's remarks on going back to Glass-Steagall, with Sheila Bair, former FDIC chairman and the Fast Money traders weigh in with the play on regional bank stocks.
CNBC's Brian Shactman and Art Cashin, of UBS, discuss Apple's influence on the markets, and weigh in on the Glass-Steagall Act and whether investment banks should be separated from traditional banking.
CNBC's Gary Kaminsky weighs in on Sandy Weill's comments earlier today on "Squawk Box" that it is time to separate investment banks from banks.
Is it time to revert back to the Glass-Steagall Act? Jeffery Harte, Sandler O'Neill principal, responds to comments made by Sandy Weill on CNBC's "Squawk Box" earlier today on whether it is time to separate investment banks from banks.
CNBC's Eamon Javers reports Treasury Secretary Timothy Geithner did not respond to Sandy Weill's comments earlier today on CNBC's "Squawk Box", that big banks should be broken up. But Rep. Carolyn Maloney, (D-NY) did weigh in on the issue.
"If the financial industry is structured with transparency and with limits on how much leverage can be used, I think people will have a lot more confidence," says Sanford Weill, former Chairman & CEO of Citigroup, discussing why he thinks it is time to break up the big banks.
In a wide-ranging conversation, Sanford Weill, former chairman & CEO of Citigroup, discusses the future of banking; financing philanthropy; bailouts and regulations; and reforming the Dodd-Frank Act.
Apple has a rare earnings miss; Netflix shares plummet; Buffalo Wild Wings has tough time and Loeb buys more Yahoo shares.
This may not be the best time to look for a job, but in China employment prospects seem bright with multinational corporations (MNCs) looking to increase staff even as the global economic uncertainty forces firms across Asia to hold back, says a survey published Tuesday.
Earnings season continues with Google beating, Microsoft topping and Chipotle missing. Kayak prices its IPO above expectations at $26 and new Yahoo CEO Marissa Mayer will be well compensated.
Morgan Stanley’s big second-quarter earnings miss is a result of abysmal trading results and not a botched initial public offering of Facebook shares.
The FMHR traders have the play in financials, on the heels of Morgan Stanley's earnings miss, with Doug Sipkin, Susquehanna analyst. Also, the trade on the spike in tech stocks.
Jeffery Harte, Sandler O'Neill principal, sorts through Morgan Stanley's second quarter earnings miss and why his company maintains a "buy" rating on the stock and a price target of $22 per share within the next 12 months.
Earnings season heats up as Intel and Yahoo beat expectations; Hank Greenberg gets a legal victory and the FDA approves Vivus anti-obesity pill.
Jacob Frenkel, Shulman Rogers partner, weighs in on the legal implications of JPMorgan's huge trading losses, and its impact on top executives.
CNBC's Scott Cohn reports the brokerage firm is planning to file for bankruptcy on the heels of the firm's collapse. Gary Kaminsky, Capital Markets editor, shares his thoughts on the growing scandal.
CNBC's Gary Kaminsky shares his thoughts on JPMorgan's trading losses; Jamie Dimon's reputation; and what to expect from earnings when big banks report next week, with Jason Goldberg, Barclays analyst.
CNBC's Mary Thompson reports the latest details on JPMorgan reclaiming pay from former executives responsible for the company's trading blunder, and discussing how the losses will impact the stock, with Gerard Cassidy, RBC Capital Markets.
Jacob Zamansky, Zamansky & Associates partner, discusses the legal implications for JPMorgan, on the heels of its "whale" trading losses.
"The quarter itself was better than many analyst who follow this company, anticipated," says CNBC's David Faber breaking down the second quarter numbers on the banking giant, despite its $4.4 billion dollar trading loss.