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.
JC 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.
Shareholders and boards are no longer happy for CEOs to also hold the position of chairman, according to research published as JPMorgan Chase investors vote on whether to split Jamie Dimon's roles.
The vote to split roles for JPMorgan Chase Chairman and CEO Jamie Dimon on Tuesday could be driven by big index funds, as well as by Institutional Shareholder Services
One-time hedge fund darling Apple was dropped by more famous hedge fund managers in the first quarter.
Lawyers for JPMorgan Chase have demanded that Bloomberg hand over five years' worth of employee logs, as the bank considers whether to take legal action against the news and data group, the FT reports.
The billionaire bet more heavily on mortgage insurers, suggesting he expects the housing recovery to continue.
CNBC's Kayla Tausche reports the latest details from JPMorgan's shareholder meeting in Florida. And, Camden Fine, Independent Community Bankers of America; and Tim Bush, Pensions Investment Research Consultants, discuss today's JPMorgan's shareholders meeting where a referendum will be put to vote on whether to split the role of chairman and CEO.
Eric Wasserstrom, managing director at Suntrust Robinson Humphrey, tells CNBC that in his own view the Jamie Dimon JPMorgan vote is unlikely to garner sufficient support to compel the board to make a change.
Andrey Kostin, chairman and CEO at VTB Bank, talks about Qatar's $1 billion investment in VTB and why the Russian banking sector needs to source funds from around the world.