Visa and MasterCard, the world's largest credit card companies, ended their support of Crimean banks following U.S.-imposed sanctions.» Read More
JP Morgan received 7 million pounds ($11 million) in fees for advising the Co-operative Bank on its takeover of the Britannia, one of its top executives told lawmakers.
Global investment banks are set to cut pay for the third year in a row despite a rise in profits, the FT reports.
U.S. bank stocks may rise as much as 30 percent next year as litigation costs begin to ease, Gerard Cassidy, an analyst at RBC Capital Markets, said.
Gerard Cassidy, Banking Analyst at RBC Capital Markets, explains why he's bullish on big U.S. banks like Bank of America, Citigroup and JP Morgan.
Moelis & Co. founder and CEO Ken Moelis, discusses the current M&A environment, as well as regulatory conditions. He says regulations "will continue to pressure people who want to have one-on-one relationships with their client undisturbed by some of the oversight that's meant for balance sheets."
Bank of America said it settled all claims with Freddie Mac arising from mortgages sold through the end of 2009.
Claudia Holm, director of S&P Capital IQ, says that as banks start to deleverage their balance sheets, corporates are turning to capital markets for funding.
Chinese state-backed investors are eying a stake in one of the domestically focused U.K. banks, and have hired lawyers at Norton Rose Fulbright in London to examine their options for gaining a foothold in the U.K. market, sources have told CNBC.
Simon Burge, CIO of ATI Asset Management, explains why he likes Australian banks despite their pricing.
The amount of banking staff earning over 1 million euros ($1.36 million) soared last year in the United Kingdom, dwarfing that in other European Union member states.
Apostolos Bantis, credit analyst at Commerzbank, talks about how winning the Expo 2020 bid is a "key milestone" for Dubai, as it will create a "new wave of sustainable growth."
Alex Thursby, CEO of the National Bank of Abu Dhabi, explains how the Emirate is making progress in moving away from oil revenues and reflects on Dubai's economic recovery.
Alex Thursby became CEO of the National Bank of Abu Dhabi (NBAD) in 2013. He tells CNBC of the bank's plans to secure more of its home market, and more opportunities abroad.
The rise of Middle Eastern and Asian financial institutions marks the beginning of a new era, according to NBAD's chief executive Alex Thursby.
The "Fast Money" traders go bargain shopping and debate the best reduced stock plays.
A report has raised the once-unthinkable possibility that banks could start charging customers for deposits. USA Today reports.
The fallout from the subprime mortgage crisis continues to plague U.S. banks, according to Standard and Poor's.
The use of eminent domain to halt foreclosures is still only a threat, and rather than helping the housing market, it may cause damage.
Steve Grasso, Stuart Frankel, and Tres Knippa, Kenai Capital Management owner, discuss what they are watching from the exchanges. Grasso explains why he is staying long on Bank of America. Trader Josh Brown weighs in.
Richard Kovacevich, former Wells Fargo chairman and CEO, discusses how banks considering charging customers for deposits will impact the economy if the Federal Reserve cuts interest on bank reserves. Kovacevich doesn't think the cut will have any positive impact.
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