NEW YORK— CIT Group will buy privately owned OneWest Bank in a $3.4 billion cash-and-stock deal. IMB shareholders will receive $2 billion in cash and 31.3 million CIT Group shares that are currently valued at $1.4 billion. OneWest will merge with CIT Group's banking subsidiary CIT Bank, and all locations will operate under the CIT Bank sign.» Read More
James Rohr, Chairman & CEO of PNC Financial Services Group, discusses how new regulations are impacting banks, and weighs in on the boom in refinancing.
David Marshall, Senior Analyst, Asia-Pacific Financials, CreditSights says that Europe's outlook remains sanguine with hopes pinned on more refinancing, but the environment for bank profitability is shrouded in doubts.
David Marshall, Senior Analyst, Asia-Pacific Financials, CreditSights is positive that Chinese banks can maintain their earnings in 2013, but risks remain with shadow banking and transparency issues.
"This uncertainty is really making business people extremely nervous," said Rusty Cloutier, President and CEO of MidSouth Bank, discussing the impact of fiscal cliff worries on bank loans.
Tom Geisel, Sun Bancorp CEO, weighs in on Sandy's impact on banks.
Dinakar Singh,TPG-Axon Capital CEO, talks about investment strategies; buying internet banks and shorting regional banks, with CNBC's Gary Kaminsky.
Rep. Shelley Moore Capito, (R-WV), discusses how higher capital requirements are stifling lending and hurting small banks.
Lower rates don’t make that much difference anymore, and in between bouts of market volatility, investors can actually get back to stock picking, Dinakar Singh, founder and CEO of TPG-Axon Capital, told CNBC’s “Squawk Box” on Monday.
Dinakar Singh, TPG-Axon Capital CEO, discusses the best way to trade financials after the banking crisis.
CNBC's Kayla Tausche reports the latest details on the merits of the largest regional bank merger since the recession.
Discussing whether it's time to break up the big banks and how to do it, with Oliver Sarkozy, The Carlyle Group.
Discussing Sandy Weill's remarks on breaking up the banks, with Bethany McLean, Vanity Fair, and Jared Bernstein, Center on Budget & Policy Priorities.
Sen. Ben Cardin (D-MD) shares his opinions on bank regulations, and clawbacks. "I will do everything in my power so we do not have to face [clawbacks]. This is not some game of some sort; this is about America," he says.
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.
Bryan Green,CLSA v.p. of global portfolio trading and Brian Kelly, Shelter Harbor Capital co-founder, discuss the trifecta of economic reports that knocked stocks down on Thursday and what it indicates about the U.S. economic recovery and the markets. Also, Frank Sorrentino, North Jersey Community Bank CEO, discusses the Fed's meeting with community bankers and the message on housing and making loans.
A look at the best regional bank trades to make, with Chris Mutascio, Stifel Nicolaus analyst, and the Fast Money traders.
CNBC's Mary Thompson reports on whether banks are the best way to play the comeback in the U.S. economy, with the Fast Money traders.
A closer look at a regional bank that has been thriving in the Midwest, with Stephen Steinour, Huntington Bancshares, president/CEO.
Bryan Jordan, First Horizon National CEO, discusses today's downgrade by Morgan Stanley and the outlook for his regional bank, with Mad Money's Jim Cramer.
Insight on why regional banks are well positioned, with Matthew McCormick, Bahl & Gaynor portfolio manager. He says smaller banks have less exposure to Europe.