May 22- Lehman Brothers Holding Inc, the former investment bank that is working to repay creditors, said on Wednesday it had raised $1.88 billion by selling claims it held against its former brokerage.» Read More
CNBC's Mary Thompson reports Goldman Sachs announced it has no plans to change the company's status because of the implementation of the Volcker Rule.
Debating whether the "best firm on Wall Street" is headed for its worst quarter since the financial crisis, with Rob Cox, Reuters Breakingviews, U.S. editor.
Singapore’s role as the wealth management center of Asia has been strengthened by the growing number of millionaires in the region, but it’s also being challenged by a shrinking pool of workers needed by the sector.
Goldman Sachs, bracing for what could be one of its worst quarters since it went public 12 years ago, is preparing to expand its cost-cutting initiative by hundreds of millions of dollars, the New York Times reports.
UBS’s $2 billion rogue trading loss highlights the need for a pan-bank risk management body, Don Tapscott, author of ‘Wikinomics: how mass collaboration changes everything’ and chairman of nGenera Insight think tank, told CNBC.
Mad Money host Jim Cramer explains the anatomy of a cataclysmic bank failure and why some securities are saved and others aren't.
Lower Manhattan was nearly destroyed in the 9/11 attacks, but 10 years later, with the help of major investment, it has seen a dramatic recovery.
Market turmoil in Europe and the U.S. may have made financial institutions in Asia—particularly China—even more attractive sources of credit for Latin American banks.
The German banking sector should be able to withstand stresses resulting from exposure to peripheral Europe, with the possible exception of Commerzbank, which has a high level of PIIGS exposure, according to Michael Rohr, head of financials at Silvia Quandt Research.
The chief executive of Barclays has renewed speculation over the bank’s future in the UK if the British government pushes ahead with sweeping reforms of the industry, the FT reports.
CNBC's Kate Kelly's exclusive interview with Jes Staley, CEO of JP Morgan's investment bank.
The Strategy Session news team with a look at the spreading debt problem for European banks, and insight on the stability of the financial sector, with CNBC's Kate Kelly, and Jes Staley, CEO, J.P. Morgan Chase Asset Management CEO.
CNBC's David Faber & Herb Greenberg report on work force reduction in the investment banking and big banks sectors.
Citadel is on the offensive with an angry call for an E*TRADE sale, with Rich Repetto, Sandler O'Neill, and discussing whether it really needs that much cash.
CNBC's Mary Thompson with an earnings preview on the investment bank, and a look at its reputation and poor performance, with Robbie Vorhaus, Vorhaus Communications, and Eric Dezenhall, Dezenhall Resources.
New capital requirements proposed by global regulators demanding that the biggest banks hold extra capital by 2019 will bring about a new recession, Rochdale's vice-president for equity research Dick Bove wrote in a weekend market note.
What current market values imply about the financial services firm, with Brad Hintz, Bernstein analyst.
CNBC's Mary Thompson with details on the latest legal problems plaguing the investment giant.
Goldman's stock is down 16% this year. Is the investment bank losing its golden touch? Michael Farr, Farr, Miller & Washington; Charles Bobrinskoy, Ariel Investments; and CNBC's John Carney, discuss.
Despite a strong IPO and M&A totals, Goldman's stock still languishes. Jeffery Harte, Sandler O'Neill weighs in on what's holding back the investment banker. And CNBC's Kate Kelly has the details on AIG's re-IPO.