A proposal to cleave the roles of chairman and CEO at banking giant JPMorgan Chase was defeated in a narrow shareholder vote on Tuesday.» Read More
A proposal to cleave the roles of chairman and CEO at banking giant JPMorgan Chase was defeated in a narrow shareholder vote on Tuesday.
William Gerber, TD Ameritrade CFO; Tom Naratil, UBS CFO; and Timothy Sloan, Wells Fargo CFO, share their perspective on job creation and the economic recovery.
William Gerber, TD Ameritrade CFO; Tom Naratil, UBS CFO and Timothy Sloan, Wells Fargo CFO, share their perspective on the impact of regulations on global banking competition.
What Warren Buffett once called "financial weapons of mass destruction" are firing again, with securitization and shadow banking at post-crisis highs.
Ahead of the JPMorgan Chase shareholder vote Tuesday to split the chairman and CEO roles currently held by Jamie Dimon, banking analyst Richard Bove lauded Dimon's track record.
Brazil faced a minor bank run over the weekend, but one analyst told CNBC the real issue facing the country's banking system is a runaway credit boom.
Dallas Fed President Richard Fisher and former Sen. Judd Gregg rail on CNBC against keeping taxpayers on the hook for the banks, but disagree on how to end the problem.
Whatever course it chooses, the Fed will have to grapple with the reality that while its policies have helped stocks, they've been less effective at growing the economy.
Health insurance was already evolving before the Affordable Care Act. But this year the law's sweeping changes will reshape how you get health care.
Thomas Lee, Chief U.S. Equity Strategist at JPMorgan, discusses whether the markets have room to run, and explains why he believes the tech, health care and financials sectors are cheap now.
Goldman Sachs is selling about $1.1 billion worth of Hong Kong-traded shares in Industrial and Commercial Bank of China, the world's biggest bank.
There's a lot on the agenda as Detroit's emergency financial manager tries to meet a deadline to decide whether the city and escape a bankruptcy filing.
Wall Street bonuses and staff levels are expected to rise again in 2013, according to a closely watched report released on Friday by a compensation consultancy Johnson Associates.
Adult movie star Chanel Preston knows not everyone approves of her chosen profession, but she never thought it would affect her ability to open a bank account.
The chief executive of the world's largest container shipping company Moeller-Maersk told CNBC that the company would not order any new ships this year and it had idled 28 vessels around the world this year.
The chief executive of European chipmaker STMicroelectronics told CNBC that the company had to be careful as it winds down a loss-making venture with telecoms operator Ericsson.
Fred Eckert is a onetime Goldman Sachs partner whose business and wealth came crashing down in the turmoil of the financial crisis. Today Mr. Eckert is trying to start a new money management business.
J.C. Penney reported a bigger quarterly loss and lower revenue than expected. CEO Mike Ullman vowed to put the retailer "back on a path to profitable growth."
Citigroup is banning some traders from accessing internal chat groups on their Bloomberg terminals, in the latest sign of concern by banks over online security issues.
It's "nonsensical" to split the role of chairman and CEO at JPMorgan Chase when Jamie Dimon has had such a strong track record, former board member Lawrence Bossidy tells CNBC.
CNBC's Kayla Tausche reports JPMorgan's CEO will continue his job as chairman and CEO. And, Jeffrey Sonnenfeld, Yale School of Management, and Karen Brenner, NYU Stern School of Business, share their thoughts on corporate governance.
Jamie Dimon apparently will hold on to his chairman and CEO title, reports CNBC's Kayla Tausche.
JPMorgan Chase has narrowly defeated its non-binding proposal to split the Chairman & CEO roles at the bank, reports CNBC's Kayla Tausche.