CNBC's Eamon Javers reports all major banks have denied being impacted by cyberattacks and no service systems or networks were affected.» Read More
Draghi said it would be "helpful for the overall stance of policy" if fiscal policy could play a greater role alongside the ECB's monetary policy.
Charles Schwab has lost a case against Morgan Stanley, accusing it of improperly recruiting brokers from a Schwab San Francisco branch.
The rate of US credit card payments at least 90 days overdue fell to its lowest level in at least seven years, according to TransUnion.
Municipal bonds will no longer be part of the easily sellable assets that banks can use to show they are able to survive a credit crunch.
Discussing if financials are ready to take off, with CNBC market analyst Kenny Polcari, and Michael Block, Rhino Trading Partners.
Banks fear competition for top talent from tech companies that can offer similarly high pay combined with luxurious benefits. The NYT reports.
Citigroup says it cannot sell investments in hedge funds and private-equity funds to clients after a deal with the SEC, according to the WSJ.
CNBC's Dominic Chu and Scott Wapner, discuss the outlook for the banks and if financials are ready make a big move.
After Bank of America agreed to pay nearly $17 billion to the DOJ, CNBC's Larry Kudlow, and Andrew Stoltmann, Stoltmann Law Offices, debate former Wells Fargo CEO Dick Kovacevich's view that the government extorted Bank of America.
Wall Street banks may appear to be offering higher salaries to junior employees, but the increase may not be as generous as it looks.
Bank of America agreed to pay $16.65 billion to end investigations into mortgage securities that it sold in the run-up to the financial crisis.
The long-anticipated settlement is expected to consist of a penalty of $9.6 billion and a package of consumer-relief measures valued at $7 billion.
Leaders are expected to agree that top banks must issue special bonds to increase the amount of capital which can be tapped in a crisis.
How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not that much.
Fund managers may face tougher scrutiny by regulators than planned after their lobbying against a first proposal backfired, sources said.
Total household debt -- including mortgages, credit cards and other loans -- has risen by hundreds of billions in the past year. Here are some quick facts about debt in the USA.
Citigroup told the US appeals court that Argentina's banking license may be at risk as a result of the standoff between the country and hedge funds.
Anat Admati, Stanford Business School and author of "The Bankers New Clothes," outlines ways to fix the banking system.
Some investors are wondering whether it's time to invest in financial stocks. The answer depends on who you ask.
With U.S. bank profits hitting record highs, Michael Gayed, Beta Rotation Fund, and Brett King author of "Breaking Banks," have opposing views on whether now is the time to buy financials.
Neil Woodford, one of Britain's most high-profile fund managers, said he has sold his fund's stake in banking group HSBC.
Barclays is selling its Spanish retail and corporate banking operations to Caixabank, as the British bank starts shrinking its European divisions.
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.