WASHINGTON— Charles Plosser, a leading inflation "hawk" at the Federal Reserve, announced Monday that he plans to retire March 1. Plosser, who has been president of the Fed's Philadelphia regional bank since August 2006, has been a leader of the officials known as hawks for their concerns that a continuation of low-interest rate policies could ignite inflation.» Read More
COSTA DO SAUIPE, Brazil, March 30- The fiscal deterioration of many Latin American countries in recent years has left the region more vulnerable to shocks stemming from the reduction in U.S. stimulus, according an Inter-American Development Bank report released on Sunday.
Matt Flake, Q2 Holdings CEO, explains how his cloud-based banking platform allows community banks to compete with the big banks online.
Big banks may be gaining in their share of overall deposits, but they're not new customers. CNBC's Sharon Epperson reports on a new survey that finds about one in four big bank customers say they're considering switching banks in the coming year.
CNBC's Rick Santelli and Frank Keating, American Bankers Association president & CEO, discuss the pros and cons of rising interest rates for banks and the future of community banks.
Andy Xie, Independent Economist, says that China is showing some resolve in reigning in its credit bubble.
Fed Governor Jeremy Stein told economists that financial firms outside of traditional banking are less stable because they rely less on cash deposits.
As Beijing allows local governments to refinance debt by issuing bonds, Viktor Shvets, Head of Strategy Research, Asia at Macquarie, says capital markets are now responsible for solving a banking crisis.
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.
According to Barclays, a reduction of the Fed's QE program could start earlier than expected, which could hit profit margins, loan growth and asset quality in Asian lenders. CNBC's Adam Bakhtiar reports.
CNBC's Sri Jegarajah reports on the latest developments from Europe after finance ministers failed to reach an agreement on a banking union. David Mann of Standard Chartered weighs in.
William Rogers, SunTrust Banks chairman & CEO, provides insight into whether the Volcker Rule will impact his regional bank.
Russell Goldsmith, City National Bank chairman & CEO, explains how tapering is a sign the U.S. economy is improving, and weighs in on how the Volcker Rule will likely impact banks.
Nathan Bell, Research Director at Intelligent Investor explains which Australian banks he likes best.
Mike Hirst, Managing Director at Bendigo and Adelaide Bank explains the challenges to growing the lender's top line as the bank holds its annual general meeting (AGM) on Monday.
Jean-Claude Trichet, Former president of the European Central Bank says euro zone officials must decide on a single authority to handle the region's 'bad banks' as soon as possible.
Singapore is widely touted as the Switzerland of the East, and as Peter Sands, Group CEO of Standard Chartered told CNBC, that's why the city-state is one of bank's key markets.
Many of the stocks most loved by the market may be troublesome for investors, Cramer said, and buying now could be a dangerous proposition.
A top litigation lawyer for JPMorgan Chase is leaving the bank as it faces mounting regulatory headaches, lawsuits and investigations, sources tell The Wall Street Journal.
CNBC's Rick Santelli talks with Harris Simmons, chairman and CEO of Zions Bancorp, about the impact of rising interest rates on banks.
The nation's banks are bracing for a new round of cyberattacks. CNBC's Kayla Tausche reports on a message by the Al-Qassam Cyber Fighters.