While transparency remains an issue, the scale of shadow banking in China is only a fraction of what is still present in the U.S. and Europe, says David Mann, Regional Head of Research, Asia at Standard Chartered Bank.» Read More
CNBC's Maria Bartiromo shares her observation today on what the jump in oil tells us and why foreign policy battles would be easier with our own energy independence.
It has been 5 years since Lehman Brothers' demise almost led the to the nation's financial collapse. CNBC's John Harwood explains why time has not healed Main Street's view of Wall Street. Lawrence McDonald, Newedge USA , and Dennis Kelleher, Better Markets, discuss whether anything's changed.
The TARP financial industry bailout was one of the "worst decisions in the history of the United States," former Wells Fargo boss Richard Kovacevich told CNBC.
So much of the Dodd-Frank Act is left undone, says Gary Parr, Vice Chairman at Lazard, sharing his thoughts on what still needs to get done five years after the financial crisis.
Pimco and BlackRock bought about $13 billion of the debt Verizon sold in its record bond offering, the Wall Street Journal reported.
Richard Kovacevich, former Chairman & CEO of Wells Fargo, provides his thoughts on how the government handled the financial crisis five years ago, and why he thinks the TARP program actually made the crisis worse.
"This is a huge investment of people, time and money … but it will make us stronger in the long run," Jamie Dimon says.
Former Treasury Secretary Hank Paulson, shares his recollections on what went on behind the scenes when the "massive credit bubble" burst five years ago.
No one had ever seen anything like it, former Treasury Secretary Hank Paulson told CNBC on Friday—nearly five years after Lehman Brothers went down.
Anxiety and uncertainty within U.S. politics will continue to weigh on the U.S. economic recovery, the chief executive and president of the Marriott International hotel group told CNBC.
Britain's economy is picking up at last but the country has a problem it didn't face after previous recessions.
UBS is about half way through its planned 10,000 job cuts, said Sergio Ermotti, chief executive officer of Switzerland's biggest bank.
The results of the latest NBC News/Wall Street Journal poll also show that by a two-to-one margin, the public says the country is on the wrong track.
Goldman Sachs in Zurich is now under investigation for overworking its staff.
Should Congress end "too big to fail?" Sen. Elizabeth Warren (D-MA) asked "how much longer should Congress wait for regulators to fix this problem?" Former TARP Congressional Oversight Committee Chair Ted Kaufman, and The Gartman Letter's Dennis Gartman, discuss.
Policies designed to prevent the next financial crisis should give regulators the latitude to "use their noodle," AIG CEO Robert Benmosche told CNBC.
Banks are pulling back balance sheets, with more risk being driven to lenders that comprise the "shadow-banking" sector.
Rob Nichols, Financial Services Forum president & CEO, discusses how the banking community has improved after the meltdown five years ago and how to prevent it from happening again.
Five years after the collapse of Lehman Brothers, banks are pulling back their balance sheets from the fringes of the credit markets, with more risk being driven to unregulated lenders in the "shadow-banking" sector.
Balaji Swaminathan, General Manager, Asia at Westpac Bank says they are banking on the flow of people, capital and clients between Australia and the rest of Asia.