A spreadsheet mix-up led Goldman to misrepresent the number of outstanding shares in Tibco Software, the NYT reports.» Read More
Erwin Sanft is MD, Head of China & Hong Kong Equity Research at Standard Chartered tells CNBC's Cash Flow why he's expecting Hong Kong financials to outperform their Chinese counterparts in 2014.
Analysts boosted the bank in the wake of announcements that it will pay more than $2 billion to settle investigations related to Bernie Madoff.
Regulators are probing whether several big banks deliberately mispriced mortgage bonds in the years following the financial crisis, the WSJ reported.
JPMorgan will pay a $350 million penalty to the U.S. Office of the Comptroller of the Currency in addition to a $1.7 billion forfeiture to settle charges in the Madoff deal.
Andy Xie, Independent Economist, states that non-performing loans could see double-digit growth this year, with the majority originating in the trust industry.
Chris Whalen, Carrington Investment Services managing director, and Chris Konstantinos, RiverFront Investment Group director of international portfolio management, look ahead to the 2014 earnings season and discuss if concerns about a disappointing Q4 are legitimate.
Government regulations aimed at reducing reducing risk at the nation's banks in the wake of the 2008 financial crisis are having the opposition effect, bank analyst Dick Bove tells CNBC.
Doug Lebda, LendingTree founder, chairman & CEO, shares his outlook on mortgage rates and the outlook for Fannie Mae and Freddie Mac.
Richard Bove, "Guardians of Prosperity," author, discusses his new book and why he believes over-regulation has increased risk and is hurting consumers. In terms of rules and regulations, the government's "ballistic missile" aimed at banks missed and hit the American public instead.
Why are foreign banks still willing to pay premium prices to gain access to the mainland?
Dickie Wong, Executive Director at Kingston Securities, says that Chinese banks are cheap and tells CNBC's Cash Flow why he's feeling positive about the China markets at the moment.
China's cabinet has issued new rules to strengthen regulation of the shadow-bank lending in the latest effort to address growing financial risks.
Working through a long list of legal problems, JPMorgan Chase is starting the new year with another steep payout to the government. The NYT reports.
Dickie Wong, Executive Director at Kingston Securities, explains what's behind Asia's rising appetite for Hong Kong banks.
Sabine Bauer, Senior Director, Financial Institutions at Fitch Ratings, explains why Hong Kong banks are in a stable position due to their strong deposit franchises and the renminbi's increased usage.
Fed Governor Jeremy Stein told economists that financial firms outside of traditional banking are less stable because they rely less on cash deposits.
Discussing current investor sentiment and what will drive economic growth in 2014, with Keith Banks, U.S. Trust president. "We still favor the U.S., but we are overweight Europe," he says.
Three weeks after accounts of Target shoppers were hacked, customers of smaller banks are beginning to feel repercussions.
Advanced economies are likely to require financial repression, debt restructuring, inflation and capital controls, economists Reinhart and Rogoff have warned.
Bill Smead, CEO & CIO at Smead Capital Management said he likes Wells Fargo, Bank of America and JP Morgan Chase on an expected increase in lending activity
Get the best of CNBC in your inbox