What is the DOJ planning to do with the money its getting from Bank of America's settlement? Tom Fitton, Judicial Watch President, says some of the money is going to liberal activist groups.» Read More
CNBC's Julia Chatterley speaks to ECB board member Joerg Asmussen and Swedish finance minister Anders Borg, about the details of the European Union's banking plans.
Brian Waterhouse, Senior Analyst, Japan Banks at CLSA, cites contracting margins and low domestic loan demand as reasons to be cautious on Japanese banks.
Pierre Moscovici, France's finance minister, discusses the banking plans discussed by euro zone finance ministers, including a common backstop.
Philippe Gudin, chief European economist at Barclays, explains why he hopes the European Parliament won't accept the banking union deal proposed by the Eurogroup.
CNBC's Catherine Boyle explains the European Union's plans for to introduce backstops and bail-ins for banks to prevent another economic crisis.
China's interbank lending rates jumped on worries over an impending withdrawal of liquidity, even as the central bank has held off injecting funds.
Christian Schulz, senior economist at Berenberg Bank, says the European Union's banking union plans look complicated and would not have prevented a collapse like that of Lehman Brothers had it been in place.
The first sale of state-owned shares in Lloyds Banking Group resulted in a £230 million loss for taxpayers. The FT reports.
The U.S. Justice Department is preparing to file civil fraud charges against Citigroup and Bank of America's Merrill Lynch unit.
Financial literacy teaching tools are everywhere, but young people aren't getting any smarter about money. Here's what kids say they want to learn.
JPMorgan Chase is banning the use of multidealer online chat rooms and the use of such chat rooms among staff for social purposes.
In a shift of rainmakers on Wall Street, asset and hedge fund managers are edging out bankers when it comes to the size of year-end bonuses.
JPMorgan Chase & Co, which is pushing to simplify operations, has put up for sale its Asia-based unit that makes investments in mid-sized companies.
Pot-related businesses keep springing up, and one of them is WeedMaps.com, which could be called the Yelp of the medical marijuana business.
The cost of closing a euro zone bank will initially be borne by its home country, under the terms of an EU proposal.
Carl Weinberg, chief economist at High Frequency Economics, says there will be no "happy ending" in Europe unless the banking sector is made stronger.
Documents have been demanded from Deutsche Bank as part of an investigation into manipulation of commodity prices. The FT reports.
Frank McGhee, Integrated Brokerage Services, says he is a "long term bull," but gold will continue to be under pressure. Scott Wren, Wells Fargo Advisors, weighs in.
The idea of a cashless society could be one of the greatest threats to freedom in human history, said Signature Bank chairman Scott Shay.
Tom Naratil, UBS CFO, explains how the Federal approval of the Volcker Rule is likely to impact the financial sector. Naratil says his company actually adopted some of the changes a few years early.
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