CNBC's Mary Thompson reports Bank of America, Citi Group, and JPMorgan Chase are among 16 big banks being sued by FDIC for manipulating the LIBOR benchmark interest rate.» Read More
Stephen Beck, cg42, reveals the results of a survey which shows which retail banks are most susceptible to losing customers.
China's central bank made a low-awaited announcement on interest rate reforms, reports CNBC's Michelle Caruso-Cabrera.
Analysts at Citi on Friday released a note to warn of their "neutral" rating on top-performing banking stock, offering alternative investing advice and telling investors to stay away from the "love-in".
Morgan Stanley's Q2 may be marking a new era for the bank. CNBC's Mary Thompson reports the bank earned EPS of $0.45 ex-items on revenue of $8.3 billion.
Dissecting the latest action in the market with CNBC's Bob Pisani and Warren Meyers of DME Securities.
Tight loan underwriting is about halfway back to the "too liberal" standards before the Great Recession, BB&T Chairman and CEO Kelly King warns on CNBC.
Equity sales, underwriting and wealth management helped power Morgan Stanley to a 42 percent jump in second-quarter profit, the firm announced on Thursday.
Kelly King, BB&T chairman & CEO, discusses how the yield curve is impacting the mortgage business and weighs in on the commercial and retail banking space.
JPMorgan Chase wants to settle accusations by the Federal Energy Regulatory Commission that it gleaned profits from power plants via “manipulative schemes.”
Borje Ekholm, CEO of Investor, discusses China's slowdown, its impact on the rest of the region and how market volatility could affect Investor AB¿s holdings.
European banks plan to raise executive base salaries to counter regulation-driven bonus cuts, undermining the effectiveness of the planned variable pay cap in bringing down pay.
Joshua Friedman, Canyon Partners co-founder & co-CEO, discusses the risks of investing in fixed income products, and reveals where he is finding opportunities in the credit markets.
Bank of America, the second-biggest U.S. bank by assets, reported a better-than-expected 70 percent jump in second-quarter profit, helped partly by lower operating expenses.
Jeffery Harte, Sandler O'Neill, breaks down the big banks quarterly numbers and weighs in on what it indicates about the banking space.
Alberto Gallo, head of European macro credit research at RBS, comments on the weakness of Italian and Spanish banks and what could be done to fix them.
Barclays will contest a record $453 million fine imposed by a U.S. energy regulator against the British bank and four of its power traders, setting up a likely federal court battle.
Greek workers are on strike today, rallying in front of the parliament, reports CNBC's Michelle Caruso-Cabrera. How are concerns in Europe impacting investment strategies? With David Bailin, Citi Private Bank. Bailin shares his top plays in hedge funds, real estate and private equity.
Though its performance was improved year-over-year, many of the firm's core businesses shrank in the second quarter.
Shares of Goldman Sachs are lower even though the company's earnings beat estimates. CNBC's Mary Thompson reports some are questioning the quality of the earnings data.