Hedge fund profits have dropped because of poor returns in 2014, Citigroup said in a report on Thursday.» Read More
JPMorgan was the top performing investment bank in the first half of the year, making $11.5 billion in revenue, data showed on Thursday.
CNBC's Morgan Brennan looks at what's driving rotation by investors into the financial sector.
Bank stocks may be sexier, but investors who overlook insurance stocks aren't claiming what could be big profit potential.
CNBC's Morgan Brennan explains how regional banks have contributed to the rise of financials in September.
Discussing the pros and cons of Wal-Mart's new distribution channel for low-cost checking accounts, with Camden Fine, Independent Community Bankers of America CEO; Daniel Eckert, Wal-Mart senior vice president of services; and Steve Streit, Green Dot CEO.
Wal-Mart is teaming up with Green Dot to offer low-cost checking accounts. Daniel Eckert, Wal-Mart senior vice president of services, and Steve Streit, Green Dot CEO, discuss what will attract customers to their service.
Discussing their IPO plan and why investors should buy Citizens Financial stock, with Bruce Van Saun, Citizens Financial Group chairman & CEO.
The "Squawk on the Street" news team discusses the IPO of Citizens Financial. Citizens is pricing 140 million shares at $21.50 and is the second largest U.S. IPO of the year.
Barclays' CEO told CNBC the bank has a strong defense to allegations it used its private trading system to benefit high-speed traders.
Bank of America could see its shares climb 50 percent over the next three years, Barron's financial newspaper said on Sunday.
U.S. regulators are investigating a Goldman Sachs internship and perks allegedly offered by the bank, The Wall Street Journal reported.
Attorney General Eric Holder must send a message to Wall Street, one attorney told CNBC.
Big banks are getting a boost by Janet Yellen's interest rate comments, reports CNBC's Dominic Chu.
The ECB doled out 82.6 billion euros ($106.3 billion) in cheap loans to banks on Thursday, and released details of a new rotation system for its Governing Council.
The Federal Reserve has asked Credit Suisse to address problems relating to the bank's underwriting and sale of leveraged loans.
There were only 20 banks that caused the crisis, and "they're all gone," former Wells Fargo CEO Dick Kovacevich told CNBC.
How much the banking industry has changed since the collapse of Lehman Brothers, with Richard Kovacevich, Wells Fargo former chairman and CEO.
How much of a game changer is Apple Pay? Max Wolff, Manhattan Venture Partners chief economist, and Hans Morris NYCA, discuss the mobile pay ecosystem and why Apple Pay will succeed where others failed.
Morgan Stanley Wealth Management vice chairman Gary Kaminsky, discusses the anniversary of Lehman Brothers filing for bankruptcy, what lessons Wall Street has learned from the collapse, and the cultural changes that have taken place in the financial services industry since.
The tech giant will make 15 cents of every $100 spent, or 0.15 percent, using Apple Pay, sources said. The FT reports.
Deutsche Bank has posted its fourth quarter earnings. Dirk Becker, deputy head of German research at Kepler Cheuvreux, says the bank did "incredibly well."
As SEB posts its Q4 earnings, CFO Jan Erik Back says that despite them being below forecast, he's pleased with the "strong result."
Two of the world's leading investment banks are looking at a move into the fast expanding peer-to-peer lending sector. The Financial Times reports.