A U.S. district court in Manhattan has ruled that Bank of America must pay the U.S. government $1.27 billion in a Countrywide "hustle" fraud.» Read More
Ewald Nowotny, governing member of the ECB, says the central bank needs to avoid any "sudden effect" as a result of the LTRO.
In a First on CNBC interview, Cameron Clyne CEO at National Australia Bank explains why he's confident on the bank's growth going forward to 2014.
Earnings results from China’s big banks show profit growth slowed in the third quarter, with bad loans seen as one of the main challenges.
JP Morgan has put its chief currency dealer in London, Richard Usher, on leave, and Bloomberg reported Citigroup had done the same.
Mike Werner, Senior Equity Analyst, Chinese & HK Banks at Sanford C. Bernstein says it's too early to tell whether there's a crisis but thinks big banks will benefit in the short-term.
JPMorgan Chase's $13 billion deal to resolve federal and state investigations into its mortgage bond business has hit some stumbling blocks.
David Costa, Dean at Robert Kennedy College says Swiss banks remain competitive despite litigation risks creeping up in Europe.
Scott Maddock, Analyst at Macquarie Private Portfolio Management says valuations for Australia's big banks look stretched, but their stable earnings and high dividends are still valuable.
May Yan, Head of Banks Sector, Asia Ex-Japan Equity Research at Barclays expects lenders to deliver solid earnings but outlines which negative catalysts could cap growth.
Luxembourg hailed the opening of the European headquarters of a third Chinese bank, underlining its yuan business ambitions.
Former Treasury Secretary Hank Paulson commenting on the $13 billion fine levied on JPMorgan, said on CNBC that Jamie Dimon is a "very strong CEO."
Goldman Sachs is pushing its junior investment bankers to take weekends off as the firm revises demands placed on employees, Bloomberg reported.
The proposed $13 billion settlement between the Justice Department and JPMorgan Chase & Co is at risk of collapse, the Wall Street Journal reported.
We are the best capitalized bank in the world, says Tom Naratil, UBS, CFO, discussing his company's earnings and providing an outlook on the challenges facing the banking giant, despite pending litigation risk.
Small business borrowing rose last month, an index that tracks lending showed on Tuesday, signaling moderate growth ahead for the economy.
U.S. and European regulators ordered Dutch lender Rabobank to pay $1.07 billion to settle allegations it aided a scheme to rig Libor.
Morgan Stanley plans to seek Federal Reserve approval to widen the $500 million share buyback plan, The Wall Street Journal reported.
Edmund Salvesen, equity analyst at Brewin Dolphin, comments on European banks¿ earnings which have been "surprising" in UBS's case and "disappointing" when it comes to Lloyds and RBS.
Around 1.2 trillion euros ($1.7 trillion) of non-performing loans are parked on European banks' balance sheets.
Mike Smith, CEO of Australia New Zealand Banking (ANZ) says the sky is the limit for the lender as long as it continues tapping into Asian growth.