Hedge fund profits have dropped because of poor returns in 2014, Citigroup said in a report on Thursday.» Read More
Discussing why bank stocks are not seeing more gains as profits hit record levels and how a European recession could impact financials, with David Katz, Matrix Asset Advisors CIO.
The "Squawk on the Street" team discusses how geopolitics is impacting global markets and earnings in the U.S.
CNBC's Rick Santelli, and James Bianco, Bianco Research president, discuss whether big geopolitical news coming out of Iraq and Ukraine should be big news for the market.
U.S. Senator Carl Levin is preparing a last push to bring Wall Street's big commodity traders to heel during his final months in office.
Bank of America's potential settlement with the DOJ has focused the spotlight on Justice Department official Tony West. CNBC's Kate Kelly reports he is a big fan of public service.
Bank of America's potential settlement with the DOJ has focused the spotlight on Justice Department official Tony West. CNBC's Kate Kelly provides insight on his bank oversight history.
Bank of America directors are supportive of its proposed $16 billion to $17 billion mortgage-securities settlement, according to someone familiar with the matter.
Goldman said it was being investigated for its U.S. alternative trading system and for the potential misuse and circulation of non-public information.
The U.S. Federal Reserve approved a resubmitted capital plan from Bank of America, which announced it has raised its dividend.
Wells Fargo has relaxed its standards for loans for some high-priced homes as the largest U.S. mortgage lender tries to combat a drop in mortgage volumes.
Vidyo provides the technology behind Google's video chat "Google Hangouts." Ofer Shapiro, Vidyo CEO, launches a new banking application designed to aid consumers without going to a bank.
CNBC's Rick Santelli speaks to Vernon Smith, professor of economics at Chapman University & Nobel Laureate winner, about the hidden cost of bailouts.
The $6.6 billion bailout of Portugal’s largest bank poses a warning on exposure to “fragile” emerging markets, analysts have cautioned.
Evercore Partners said it plans to acquire the operating business of ISI International Strategy & Investment.
Banking giant HSBC was accused of racism this week after it moved to close the accounts of several Muslim organizations across the UK.
CNBC's Josh Lipton speaks to PayPal co-founder and serial entrepreneur Max Levchin, about his new lending service start-up Affirm, an alternative to banks for lending.
House Oversight and Government Reform Committee chairman, Rep. Darrell Issa, (R- Calif.), discusses if Congress will reauthorize the Ex-Im Bank. Issa says regulating and making the Ex-Im Bank honest transparent will help promote the banks confidence.
An investor is suing Barclays over losses suffered after New York's attorney general accused the bank of lying about its electronic trading platform.
Lloyds Banking Group agreed to pay fines totaling $370 million to the U.S. and British as part of an interest rate rigging scandal.
Banks may have repaired their balance sheets but we're still waiting for any notable shift in their culture, according to a market commentator.
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.