The company revised downward its third-quarter net income to $2.8 billion from $3.4 billion.» Read More
Investors betting on rising rates and bank stocks may want to consider fund managers, especially with the Fed in no rush to push rates up.
Italy's Treasury has not ruled out extending repayment deadlines on hundreds of millions of euros in state aid to help troubled lender Banca Monte dei Paschi di Siena, a person close to the matter said.
Boosting the housing market could fuel the next credit bubble, warned Alan Schwartz, the former head of Bear Stearns.
CNBC's Michelle Caruso-Cabrera reports on Europe's check on the quality of banks in Europe.
Lloyds will next week announce plans to cut 9,000 jobs over the next three years, sources familiar with the matter told Reuters.
Mohamed El-Erian is moving into the peer-to-peer industry after agreeing to take an equity stake in a new lender.
New York Fed president William Dudley, dressed down some big financials firms saying it is imperative for banks to improve Wall Street's culture. CNBC's Mary Thompson reports the details.
The European Central Bank is considering buying corporate bonds on the secondary market, deciding as soon as December.
Bill Gross's new employer saw a 7 percent increase in short interest in the past month, according to new data.
A legal battle between Goldman Sachs and the Libyan sovereign wealth fund could have more permanent repercussions for the banking industry, experts have told CNBC.
Saudi Arabia's biggest lender is gearing up for what is expected to be this year's second-biggest IPO - and possibly the most controversial.
CNBC's Kayla Tausche discusses how this week's trade impacted the financial sector and loan growth.
Russell Investments and the Fort Lauderdale Police & Fire Retirement System dropped PIMCO as their bond portfolios manager following the exit of Bill Gross.
Blankfein explained that he thinks the Fed's cautious strategy has proven to be the right one.
Bank of America Chairman and Chief Executive Brian Moynihan has been quietly retooling the bank while working to end legal problems.
Addressing the global selloff, CNBC's Jim Cramer and David Faber discuss how Ebola and the AbbVie-Shire break down caused pain in the market.
The selloff in stocks might offer a chance to pick up promising bank stocks, Triogem Asset Management's Tim Seymour says.
CNBC's Kayla Tausche explains why the financial sector's risk is off in today's trade.
Despite better-than-expected results from many banks, financials was the worst-performing sector on Wednesday morning.
"I'm pretty optimistic here because of this meltdown," BlackRock CEO Laurence Fink told CNBC.
Quarterly results mark a return to net profit for the bank after it was fined $8.9 billion fine for sanctions-busting.
Matthew Phan, Analyst, Asia-Pacific Banks at CreditSights, outlines factors behind DBS' third straight quarter of profit growth. He later discusses the lender's interests in India and Indonesia.
Cyrus Daruwala, Managing Director, Asia Pacific at IDC Financial Insights, explains why Australian and Singaporean banks are outperforming market expectations in terms of earnings.