Banks fear competition for top talent from tech companies that can offer similarly high pay combined with luxurious benefits. The NYT reports.» Read More
U.S. securities regulators contacted public funds with investments in Russia to make sure they are managing risks and disclosing their holdings.
"Across the board this is the most trusted financial system in the world," says Thomas Donohue, U.S. Chamber of Commerce CEO & president, discussing the U.S. financial system and why he believes there is a misconception that capital markets are a burden.
JPMorgan Chase agreed to sell its physical commodities business to Mercuria, catapulting the Swiss firm into the top tier of commodities traders.
Stock market index provider MSCI said it would sell Institutional Shareholder Services to Vestar Capital Partners for $364 million in cash.
Regulators are conducting two investigations into GE's credit card business for potential violations of consumer finance laws.
Banks will face security fees for not updating Windows XP-run automated teller machines as Microsoft withdraws support for the software on April 8.
VEB needs to be recapitalized to fund housebuilding projects, Russian Prime Minister Dmitry Medvedev said, according to a news agency.
GE's North American credit card business filed for an initial public offering as part of GE's efforts to reduce exposure to its financial businesses.
Some government authorities question whether misdeeds are not just a few bad actors, but rather a flaw that runs through the banking industry.
The U.S. Senate approved Federal Reserve Governor Sarah Bloom Raskin to be the No. 2 official at the Treasury Department.
Every day, trillion of dollars are tied up due to our out-of-date banking system. CNBC's Steve Liesman discusses how the Fed has planned to address the problem and move to real-time payment.
The Labor Department proposed a new rule that would make it easier for 401(k) plan owners and their employers to determine fees and expenses.
Riccardo Barbieri, chief European economist at Mizuho International, says UniCredit could be vulnerable the turmoil in Ukraine, given its exposure to eastern europe.
The leaders of the Senate Banking Committee on Tuesday announced an agreement on legislation to wind down government-owned mortgage financiers Fannie Mae and Freddie Mac, jump-starting a long-standing debate that could still take years to resolve.
CNBC's David Faber talks with Masayoshi Son, SoftBank chairman & CEO, about the wireless industry and the need for consolidation. The U.S. is the only market where the price is going up and the speed is going down, says Son.
Rick Rieder, BlackRock CIO, discusses Fed policy and the state of the U.S. bond market. Rieder also shares what asset classes he likes best.
James Paulsen, Wells Capital Management, and David Blitzer, S&P 500 Index Committee chairman, share their thoughts on where stocks are likely headed from here. I think we are going to spend the year with a flat market and rising earnings, predicts Paulsen.
Marty Mosby, banking analyst at Guggenheim Partners, told CNBC on Friday that patient investors could be rewarded by putting money in these four stocks.
Credit card companies MasterCard and Visa said they had formed a new cross-industry group to enhance payment system security across networks.
Wall Street legend Art Cashin celebrates his birthday and explains why he thinks this morning's better-than-expected jobs report is a "Goldilocks number." He's intrigued that banking lending seems to be accelerating a little.
Behind in the polls, Obama's rekindling class warfare against banks, corporations, and rich people, says Larry Kudlow.
Goldman said it would repurchase the securities sold to Fannie Mae and Freddie Mac over the 2005-2007 period.
The bank is one of only four institutions still being pursued by the FHFA, which sued 18 institutions in 2011, the FT reports.