A number of tricks used by China's bankers will likely undercut any attempt to measure any change in lending stemming from the PBOC's rate cut.» Read More
The Fed's unwillingness to extricate itself from the markets is a very worrisome trend, says Michael Farr.
A reverse mortgage start-up has raised about $230 million in a private offering, which sets the stage for a potential initial public offering.
Standard Chartered said its first-quarter profit fell by a high single-digit percentage compared with last year thanks to tough market conditions.
David Ellis, Head of Australian Banking Research at Morningstar, says while National Australia Bank's headline results were good, underlying performance remained weak.
Despite Barclays' disappointing results this week, analysts are not expecting any great changes when it reveals its strategy update this Thursday.
John Rogers, Ariel Investments chairman & CEO, shares his top three bargain plays.
Edmund Salvesen, equity analyst at Brewin Dolphin, reacts to HSBC's quarterly results and highlights that while return on equity is "on the disappointing side", the impairment charges are "much lower" than expected.
Patrick Flynn, CFO of ING, says Temasek and RRJ's 1.3 billion euro stake in the Dutch lender's insurance unit shows strong demand from investors for unit's IPO.
Anthimos Thomopoulos, CEO of Piraeus Bank, discusses ongoing negotiations that could result in Greece alleviating its massive debt burden.
Renaud Laplanche, Lending Club founder & CEO, discusses the company's newly formed strategic alliance formed with Union Bank. Laplanche also explains how they help pay off student loans and credit card debt.
Analysts reacted with caution and criticism to Attorney General Eric Holder's signaling potential criminal charges against global banks.
The U.S. is planning to use an anti-tax-evasion law to punish Russia for its actions in Ukraine, which could prove to be more costly than sanctions.
Barclays reported a 5 percent fall in adjusted pre-tax profit to £1.7 billion ($2.9 billion), as the fixed-income division of its investment bank slowed dramatically.
CNBC's Steve Liesman reports on the results of the senior loan officer opinion survey. While banks have eased standards for consumer credit and auto loans, they've tightened standards for subprime.
CNBC's Eamon Javes reports Attorney General Eric Holder has posted a video message on the DOJ's website stating there is no such thing as too big to jail.
Attorney General Eric Holder said the agency is progressing toward criminal charges against banks.
U.S. authorities are ratcheting up pressure on Credit Suisse to plead guilty to helping wealthy Americans hide untaxed money.
Smaller Chinese banks have ramped up their shadow lending activity, adding to the financial risks that threaten to trip up the world's second-biggest economy.
Mike Hirst, Managing Director of Bendigo & Adelaide Bank, says the acquisition of Rural Finance aligns with the lender's decision to invest more in the agricultural sector.
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