GO
Loading...

Banks

More

  • Two JPM workers charged in 'London whale' saga Wednesday, 14 Aug 2013 | 11:00 AM ET

    Federal prosecutors in Manhattan on Wednesday criminally charged two former JPMorgan Chase employees with wire fraud and a conspiracy to falsify books.

  • 'London Whale' cuts a deal to avoid prosecution Tuesday, 13 Aug 2013 | 4:34 PM ET

    The former JPMorgan trader known as the "London Whale" will not be prosecuted for the whopping losses he was involved in, as he made a non-prosecution deal, sources told CNBC.

  • Fitch rings warning bell on Canadian banks Tuesday, 13 Aug 2013 | 3:24 PM ET
    A 'Danger' sign is displayed at a condominium construction site in downtown Vancouver, British Columbia, Canada.

    The housing boom in Canada has allowed banks to reduce capital held against mortgage losses. If home prices decline, some of the biggest banks may feel the pinch.

  • JPM trader Iksil will not be charged     Tuesday, 13 Aug 2013 | 2:21 PM ET

    Bruno Iksil, the man given the nickname "The London Whale" will not be prosecuted by the DOJ, reports CNBC's Kate Kelly.

  • These two banks will rally 100%: Dick Bove Tuesday, 13 Aug 2013 | 11:45 AM ET

    Dick Bove, the bank analyst and vice president of equity research at Rafferty Capital, said investors should be buying financial stocks "very aggressively."

  • Why do investors continue to buy financials?     Monday, 12 Aug 2013 | 2:00 AM ET

    Mark Tinker, global portfolio manager at Axa Framlington, discusses why people buy financials knowing that liabilities remain on the books and underfunded.

  • Financials near to regaining S&P 500's top spot Sunday, 11 Aug 2013 | 7:26 AM ET

    The financial sector stands within a whisker of recapturing the mantle as the $17 trillion U.S. stock market's heaviest hitter.

  • Banks cut 5,500 branches across Europe in 2012 Sunday, 11 Aug 2013 | 5:34 AM ET

    Banks cut 5,500 branches across the European Union last year, 2.5 percent of the total, leaving the region with 20,000 fewer outlets than it had when the financial industry was plunged into crisis in 2008.

  • Wells Fargo can be sued over mortgage modifications Friday, 9 Aug 2013 | 7:39 AM ET

    Wells Fargo must face lawsuits by homeowners who claim it refused to offer them mortgage modifications for which they had qualified, a federal appeals court ruled on Thursday.

  • Trader to face no charges in 'Whale' probe: Report Friday, 9 Aug 2013 | 6:49 AM ET

    The trader at the center of JPMorgan's $6.2 billion trading loss will not face U.S. charges related to the incident, a source familiar with the matter said on Thursday.

  • Obama's mortgage plan takes fire from left, right Friday, 9 Aug 2013 | 6:42 AM ET
    President Barack Obama visits Erickson Construction on August 6, 2013 in Chandler, Arizona.

    The White House wants to replace Fannie Mae and Freddie Mac with a new system that reduces the government's role. Unfortunately, the plan is badly flawed.

  • Banks fight eminent domain     Thursday, 8 Aug 2013 | 7:33 PM ET

    The San Francisco suburb of Richmond wants to use eminent domain to force banks to sell a few underwater mortgages to the city. Mark Calabria, Cato, and Robert Hockett, Cornell University, discuss whether this is unconstitutional.

  • 'London whale' trader won't face charges: source Thursday, 8 Aug 2013 | 5:45 PM ET

    The trader at the center of JPMorgan Chase's $6.2 billion "London whale" trading loss last year will not face charges related to the incident, a source said.

  • Will Bank of Japan offer a rosier view of the economy? Wednesday, 7 Aug 2013 | 9:29 PM ET

    The Bank of Japan is to maintain its massive monetary stimulus on Thursday while board debates whether growing signs from prices justify offering a rosier view on the economy.

  • Echoes of Abacus in the case against Bank of America Wednesday, 7 Aug 2013 | 3:21 PM ET
    Fabrice Tourre

    The government's success in the trial of Fabrice Tourre may mean that Bank of America will have a tough time defending itself against new charges of fraud.

  • Not a bank, but still lending like one online Wednesday, 7 Aug 2013 | 1:15 PM ET

    One of the hottest areas now is the market for personal loans, which is attracting money from venture capital investors, spurred by the fast growth of Lending Club.

  • Obama's push for housing reform     Wednesday, 7 Aug 2013 | 1:06 PM ET

    President Barack Obama and Zillow CEO Spencer Rascoff are hosting a virtual roundtable on housing reform. Paul Bishop of the National Association of Realtors and CNBC's Diana Olick discuss the president's plans.

  • Here's why people fear Fed policy, but shouldn't Wednesday, 7 Aug 2013 | 8:59 AM ET
    The U.S. Federal Reserve building in Washington, D.C.

    The Fed's policies have led to a huge increase in reserve balances in the banking system. But since banks don't lend out reserves, this isn't the problem people think it is.

  • Beverly Anderson of Wells Fargo discusses details of a deal with American Express giving the mortgage giant access to the credit card marketplace.

  • We are sticking with South Korea: Stanchart's Bindra Tuesday, 6 Aug 2013 | 11:03 PM ET
    Jaspal Bindra, group executive director and chief executive officer of Standard Chartered Asia.

    Standard Chartered says it remains committed to South Korea, even after $1 billion hit from writedowns in the country.

Contact Banks

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More

Most Popular Video

Wednesday, 23 Apr 2014 | 4:32 PM ET

Apple is reporting Q2 EPS of $11.62 on revenue of $45.6 billion. Gene Munster, Piper Jaffray senior research analyst, says investors should feel a sense of relief on these numbers.

Wednesday, 23 Apr 2014 | 3:23 PM ET

CNBC's Becky Quick discusses Warren Buffett's feelings about the market.

Wednesday, 23 Apr 2014 | 12:00 AM ET

Most people probably don't want their six-figure sports cars all marked up, unless it's been marked up by the world's best basketball players. This one-of-a-kind 2002 Aston Martin Vanquish is the only car on the planet to have 50 signatures on it from 50 basketball Hall of Famers, increasing its value over 500 percent.