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.» Read More
Germany's banking system is one of the worst in the world, according to Paul Gambles, managing partner at advisory firm MBMG International, who told CNBC that Deutsche Bank is over-leveraged and is an accident waiting to happen.
Chancellor Angela Merkel forcefully condemned on Friday the conduct of Irish bankers who were caught on tape joking about a bailout deal and mocking Germany.
The White House has assembled a short list of candidates to succeed Federal Reserve Bank chairman Ben Bernanke, and U.S. Treasury Secretary Jack Lew is running the search.
After a marathon meeting, EU finance ministers finally agreed to rules about what to do when a bank collapses.
Fees for mobile banking are set to become the norm. Banks are experimenting with ways to build charges into the apps' features, from deposits to bill paying.
The Federal Reserve may not be raising interest rates in the near term, but it wants to know how well prepared banks will be for higher rates if put to a round of stress tests.
As Taiwan and China develops closer economic ties, the banking sector is one if the major beneficiaries. CNBC's Emily Chan sat down with Victor Kung, president of Fubon Financial to discuss his strategy for China.
A bipartisan group of U.S. senators on Tuesday introduced a bill to abolish Fannie Mae and Freddie Mac and replace them with a government reinsurer of mortgage securities.
As the market comes to grips with higher rates, Cramer said it’s time to think about which stocks may actually benefit from the spike.
Ben Lawsky, New York state's superintendent of financial services, talks with CNBC's Kate Kelly about the financial regulatory landscape, saying, "We want banks to do business, but not funny business."
June has been a brutal month for bonds but particularly in the high-yield space, where issuance has cooled after a record run.
Lee Partridge, Salient Partners, and Mark Okada, Highland Capital, share their top defensive and offensive picks amid market volatility.
Amid a 10 percent S&P rally this year, some of hedge fund Third Point's short holdings have held it back, as even the most beaten-down companies have staged remarkable comebacks.
CNBC's Diana Olick breaks down the impact of rising rates on the housing industry. Why banks are not passing on higher yields to savers, with Kayla Tausche. Interest on savings accounts are not tied to Treasury yields.
Jason Goldberg, Barclays analyst, provides insight on how the jump in the 10-year Note is impacting bank stocks.
Mutual and exchange-traded funds hemorrhaged a record volume of bonds in June, according to a fresh report by TrimTabs Investment Research.
U.S. banks have given a proposal to regulators on how to pay for restructuring in the event of a future crisis, the Wall Street Journal reported.
Swiss bank UBS will surrender its Indian banking license and close its banking unit, covering fixed income, forex operations and credit services, a source with direct knowledge of the matter told Reuters on Saturday.
Europe failed to agree on how to share the cost of bank collapses on Saturday, as Germany resisted attempts by France to water down rules designed to spare taxpayers in future crises.
There may be more trouble on the horizon for the big banks if some regulators get their way with rumored new capital requirements. CNBC's Kayla Tausche, offers insight.
The retail sector has become competitive in Canada, says Ed Clark, TD Bank Group CEO and president. As for TD Bank, Clark says the market has gotten past its "soft" insurance and wholesale business performance.
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.
Treasury Secretary Jacob J. Lew will make it clear that more measures may be needed to strengthen the global financial system.