Citigroup expects its revenue from fixed-income and equity markets to decline in the first quarter from a year earlier.» Read More
China's central bank published rules governing investment by wealth management products in bond markets. The Asia Squawk Box team discuss.
DBS Group Holdings posted a 6 percent increase in core quarterly profit, missing expectations as it took higher provisions for bad debt charges.
State-backed bank reports a statutory profit of £415 million ($689 million) for 2013 compared with last year's £606 million loss.
Regulators are actually increasing risk in the US banking system, says bank analyst Richard X. Bove.
The CEO and Chairman of Commerzbank has told CNBC its fourth-quarter earnings were "solid," but warned investors not to expect a dividend in 2014.
The stress tests will provide clarity about the European banking environment and thus help the region's recovery says Lars Machenil, CFO at BNP Paribas.
French lender BNP Paribas reported net profit for 2013 that missed market expectations with two different charges for the bank hitting its figures for the year.
The U.S. Senate Banking Committee said on Wednesday that it postponed Thursday's hearing with Federal Reserve Chair Janet Yellen.
"When a bank is truly failing we have to let it fail," says Former Wells Fargo CEO Dick Kovacevich, with Anat Admati, Stanford University professor of finance and economics, discussing the banking system and "too big to fail" banks. Admati warns banks are still a risk
New York's financial regulator said the explosive growth of non-bank mortgage servicers is a "troubling trend" that must be confronted.
Calling too-big-to-fail banks "the most critical issue facing our financial system," a top Federal Reserve official urged new laws to address the problem.
Thomas Lee, JPMorgan chief U.S. equity strategist, explains why now is a good time to take advantage of the recent pullback in the markets. Companies in the U.S. that have emerging markets exposure trade at nearly the largest discount in ten years, says Lee.
Thomas Lee, Chief U.S. Equity Strategist at JPMorgan, says stocks are now in a position to run higher. Investors should be owning stocks right now, says Lee. I am still very optimistic this is going to be a double-digit year for the S&P, says Lee.
Patrick Flynn, CFO at ING, says the group made "significant progress" on its transformation program, adding the group's priority is to repay the Dutch state before paying dividends again.
Ian Narev, CEO of Commonwealth Bank of Australia, discusses the firm's first-half performance.
Commonwealth Bank of Australia reported a record interim profit on Wednesday on a reduction in bad debts and growth in its loan book.
According to Reorient, China's internet giants may be the newest headwinds for big domestic banks. CNBC's Julia Wood, Bernie Lo and Susan Li discuss.
China's banks, already confronting a credit crackdown and bad debt concerns, may face new headwinds as Internet players enter – and disrupt – the market.
Fed Chair Janet Yellen discusses the slow economic recovery in the U.S., and the unequal distribution of wealth
Fed Chair Janet Yellen discusses the activities of banks before and after 2008, and the Fed's job to keep financial organizations "safe and sound."