Europe is seeking to agree by year-end on how to close failing banks, part of an ambitious plan to create a single banking framework.» Read More
Debating the strength of the stock market, with CNBC's Seema Mody and Dominc Chu. Mody contends she has the stats to prove the market is overvalued. Chu says he has the numbers to show that even with today's rally the market still has room to run.
A "tougher" Volcker rule takes aim at executives, should the firms have lapses in oversight, according to people familiar with the matter.
Many leaving it late to tell the Swiss regulator whether they will participate in a U.S. programme to settle tax evasion suspicions.
In a CNBC exclusive interview, Gordon Nixon, Royal Bank of Canada president & CEO, discusses his decision to step down as CEO of Canada's largest bank and touches on the slowdown in the banking retail business.
In a speech Thursday, Treasury Secretary Jacob J. Lew will make it clear that more measures may be needed to strengthen the global financial system.
Winthrop H. Smith Jr., Summit Ventures chairman and CEO and author of "Catching Lightning in a Bottle," weighs in on what led Merrill Lynch to nearly collapsing during the financial crisis which forced Bank of America's acquisition.
CNBC's Bob Pisani and Rick Lake, Aston Lake Partners discuss the reasons for today's market fluctuation. Lake says he wants to both buy and take profits.
Gary Parr, Lazard vice chairman, gives his perspective on the complexity of the "Volcker Rule" and talks about the future of Wall Street.
Paid in the form of various assistance programs, the funds are in effect a subsidy to the banking industry, The Washington Post reported.
The Federal Reserve has more reason than ever to cut a key U.S. lending rate it has kept at just above zero since the depths of the financial crisis.
Michael Underhill, Capital Innovations CIO and Kenny Polcari, O'Neil Securities, discuss today's market selloff. Underhill says biotech is overvalued, utilities are undervalued and emerging markets are on sale.
A former Goldman Sachs trader who pleaded guilty to fraudulently building a futures trade should repay $118 million to his former employer, U.S. prosecutors said.
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.
The White House is offering more money to insurance companies as an incentive for them to let people keep coverage that was to have been canceled next year. The NYT reports.
CNBC's Seema Mody and Dominic Chu take a look at valuation levels in the tech and financial sectors.
Insurers complain the back end systems, which are supposed to deliver consumer information to them, still aren't working.
Bank of America said it settled all claims with Freddie Mac arising from mortgages sold through the end of 2009.
Investors poured $31.6 billion into equity mutual funds and exchange-traded funds in November, data from TrimTabs Investment Research showed.
But specialists said weeks of work lie ahead, including a major reconfiguration of the computer hardware.
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.
Federal regulators are poised to approve a keystone rule that will reign in financial risk-taking by banks, reports CNBC's Kate Kelly.
There were mixed messages coming from Brussels, as finance ministers attempted to hammer out a deal on how to wind down failing banks.
CNBC's Julia Chatterley speaks to ECB board member Joerg Asmussen and Swedish finance minister Anders Borg, about their hopes of reaching an agreement on the so-called Single Resolution Mechanism.